Visa jumps nearly 5% as Q2 revenue surges and board approves $20B buyback
Visa shares are jumping after fiscal Q2 2026 results beat expectations, with net revenue up 17% to about $11.2B and non-GAAP EPS up roughly 20% to $3.31. The company also authorized a new $20B share repurchase program and issued upbeat Q3 growth outlook ranges.
1. What’s driving Visa higher today
Visa is moving sharply higher as investors react to a strong fiscal second-quarter 2026 report released after the prior session and digested into today’s trading. The quarter featured faster top-line growth, strong profitability, and capital return tailwinds, including authorization of a new $20 billion share repurchase program—an immediate catalyst for large-cap stocks when paired with a clean earnings beat. (stocktitan.net)
2. The headline numbers: revenue up 17%, EPS jumps
Visa reported fiscal Q2 2026 net revenue of roughly $11.2 billion, up 17% year over year. Earnings also came in strong, with GAAP diluted EPS reported at about $3.14 and non-GAAP diluted EPS at about $3.31, helping explain the outsized one-day move. (stocktitan.net)
3. Buyback boost and what the company signaled for next quarter
Beyond the quarterly beat, the new $20 billion repurchase authorization added fuel to the rally by reinforcing Visa’s shareholder-return profile. Management also provided Q3 FY2026 directional targets, including low-double-digit net revenue growth (constant-dollar, non-GAAP) and a mid-to-high-single-digit EPS growth range, while flagging operating expense growth in the low-teens—guidance that traders are treating as constructive for the near-term earnings trajectory. (investing.com)