Visa (NYSE: V) reported its first quarter 2026 earnings results today.
Net revenue of $10.9 billion was up 15% year-over-year, driven by growth in payments volume, cross-border volume and processed transactions. Net revenue increased 13% on a constant-dollar basis.
GAAP net income increased 14% to $5.9 billion and earnings per share increased 17% to $3.03 compared to last year. Adjusted EPS increased 15% to $3.17.
Payments volume increased 8% and total cross-border volume increased 12% on a constant-dollar basis versus the prior year. Total processed transactions were 69.4 billion, up 9% from the previous year.
Cash, cash equivalents and investment securities were $16.9 billion at December 31, 2025.