Visa quarterly profit jumps as consumer spending holds up
V•Visa’s fourth-quarter net income rose to $6 billion, or $3.19 per share, from $5.1 billion a year earlier, while net revenue increased 13% to $12.1 billion. Payments volume grew 9%, and Visa forecast low-double-digit net revenue growth for fiscal 2027.
1. Quarterly results
Visa reported fourth-quarter net income of $6 billion, or $3.19 per share, compared with $5.1 billion, or $2.62 per share, a year earlier. Net revenue rose 13% to $12.1 billion. Payments volume increased 9%, while cross-border volume excluding intra-Europe grew 14%.
2. Fiscal outlook
Visa reported record net revenue of $46 billion for fiscal 2026. For fiscal 2027, it expects net revenue growth in the low double-digit percentage range and profit per share growth between the low double digits and low teens.
3. Spending activity
Visa said travel, shopping and dining out supported card spending, with activity across its network also boosted by visitors to the United States for the FIFA World Cup. Visa operates in more than 200 countries and territories and earns fees from processing transactions.
