Visa Reports 13% Revenue Growth as Card Spending Growth Eases in Fiscal Fourth Quarter

Visa reported a 13% increase in fiscal fourth-quarter revenue on October 27, 2026, while the pace of spending on cards carrying its brand eased slightly from the previous quarter. The results cover the three months ended September 30 and were released after US stock markets closed.

Quarterly revenue was approximately $12.14 billion, in line with analysts' consensus estimates, according to StockStory. Adjusted earnings per share were $3.48, compared with a consensus estimate of $3.44. Visa reported GAAP net income of about $6.0 billion, or $3.19 per share, a separate measure from adjusted earnings.

The value of payments made on Visa cards increased 9% year over year on a constant-currency basis, compared with 10% growth in the preceding quarter. This represents slower growth, not an outright fall in spending. Cross-border volume excluding transactions within Europe rose 14%, while the number of transactions processed by Visa increased 10% to 74.2 billion.

For the full fiscal year, Visa reported net revenue of about $45.9 billion, up 15%. The board approved an increase in its quarterly dividend to $0.780 per share, according to published results. Visa earns fees for facilitating payments and related services; the much larger value of card purchases is not the same as the company's revenue.

The numbers point to continued growth in global electronic payments, though changes in travel, consumer purchases, foreign-exchange rates and transaction mix can influence the company's future earnings. The quarterly results do not establish how quickly spending will grow in the next financial year.