Visa (V) Earnings: Q4 Fiscal 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Visa published the results on October 27, 2026. Revenue and diluted EPS are shown against Q4 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Visa reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Visa's fiscal year ends September 30, so Q4 fiscal 2026 is the July to September 2026 quarter.
• The category rows are gross revenue. Visa subtracts client incentives ($5,123 million in Q4 fiscal 2026, $4,248 million a year earlier) to reach net revenue, so the rows add up to more than the net revenue figure.
• EPS on this page is for Visa class A common stock. Class B-3 shares first appeared after Visa's May 2026 exchange offer for its class B-1 and B-2 common stock.

Source: Visa fiscal Q4 2026 earnings release, October 27, 2026. Also in the Form 10-K for the fiscal year ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Visa splits revenue in its own release, under its own labels, for Q4 fiscal 2026 against Q4 fiscal 2025. Indented lines are parts of the line above them.

• Visa's Service revenue was $5.3 billion in Q4 fiscal 2026, up 14% from $4.6 billion in Q4 fiscal 2025, 43% of total revenue.
• Visa's Data processing revenue was $6.2 billion in Q4 fiscal 2026, up 16% from $5.4 billion in Q4 fiscal 2025, 51% of total revenue.
• Visa's International transaction revenue was $4.1 billion in Q4 fiscal 2026, up 8% from $3.8 billion in Q4 fiscal 2025, 34% of total revenue.
• Visa's Other revenue was $1.6 billion in Q4 fiscal 2026, up 40% from $1.2 billion in Q4 fiscal 2025, 14% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net revenue and GAAP diluted EPS for class A common stock, each as first reported in that quarter's release. Visa reports a full fourth quarter in its release, so no quarter here is derived.

Visa's next report is expected around January 26, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q4 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q4 fiscal 2026 (this page), reported Oct 27, 2026

Visa's net revenue of $12,139 million in Q4 fiscal 2026 is gross revenue in four categories minus client incentives. Service revenue was $5,255 million, data processing revenue $6,245 million, international transaction revenue $4,115 million and other revenue $1,647 million. Client incentives, which Visa pays to financial institution clients, sellers and other business partners to grow payments volume, were $5,123 million, up 21%. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026; Visa Form 10-K, fiscal 2026, Nov 5, 2026)

Visa's service revenue is recognized on the previous quarter's payments volume. Service revenue rose 14% in the fiscal fourth quarter, on payments volume for the three months ended June 30, 2026 that grew 10% in constant dollars. Data processing revenue rose 16%, with 74.2 billion processed transactions in the quarter, up 10%. International transaction revenue rose 8%, while cross-border volume excluding transactions within Europe grew 14% in constant dollars. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

For fiscal 2026 Visa attributed the rise in service revenue to nominal payments volume growth of 10%, select pricing modifications and growth in card benefits, and the rise in data processing revenue to processed transactions, pricing, value-added services and a higher cross-border mix. International transaction revenue was partly held back by lower volatility of a broad range of currencies. Value-added services revenue was $14.2 billion for the year, up 31%, with the largest contributions from Issuing Solutions and Advisory and Other Services. (Visa Form 10-K, fiscal 2026, Nov 5, 2026)

Visa earned about 38% of its fiscal 2026 net revenue in the U.S., against 39% in fiscal 2025, and no other country generated 10% or more. One client accounted for 11% of total net revenue in each of fiscal 2026, 2025 and 2024. Visa's total payments and cash volume for fiscal 2026 was $18 trillion. (Visa Form 10-K, fiscal 2026, Nov 5, 2026)

Visa's GAAP diluted EPS of $3.19 in Q4 fiscal 2026 was below its non-GAAP EPS of $3.48. The largest items Visa excluded were a $469 million litigation provision for the interchange multidistrict litigation ($0.19 a share), $282 million for the donation of investments to the Visa Foundation ($0.11) and a $37 million deferred tax expense from a change in the U.S. taxation of certain foreign earnings ($0.02). Non-GAAP results also exclude equity investment gains, $155 million in the quarter, and the amortization of acquired intangibles and acquisition-related costs. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

In Visa's year-ago quarter GAAP EPS was $2.62 and non-GAAP EPS $2.98, after an $899 million litigation provision. Against those figures GAAP EPS rose 22% and non-GAAP EPS 17%. The GAAP effective tax rate was 18.5% and the non-GAAP rate 18.4%. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

Visa's diluted class A share count was 1,882 million in the quarter, against 1,945 million a year earlier. Visa repurchased about 11 million class A shares for $4.0 billion in the quarter, at an average of $369.12, and had $24.4 billion of repurchase authorization left at September 30, 2026. A $405 million deposit into the U.S. litigation escrow account on September 18, 2026 had the same effect on EPS as a buyback, because it reduced the as-converted class B share counts. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Visa does not put a numeric revenue or EPS outlook in its earnings release. The Q4 fiscal 2026 release points investors to the earnings webcast and to supplemental materials on Visa's investor relations site. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

The forward-looking items in Visa's release are the quarterly dividend, raised 16% to $0.780 per class A share and payable on December 1, 2026, and the $2.4 billion cash acquisition of BioCatch, a fraud intelligence provider, which Visa expects to close by the end of the fiscal second quarter of 2027. (Visa fiscal Q4 2026 earnings release, Oct 27, 2026)

A consensus figure is the average of the models published by the analysts who cover Visa, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Visa's own release and filings put weight on for Q4 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning V is on is V a buy or a sell?, what analysts expect next is on the V forecast, and what the company does is on the Visa (V) stock page.

Every number on this page can be traced to a document Visa published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.