Visa reported fiscal first-quarter 2026 results that surpassed analyst expectations, driven by resilient growth in payments and cross-border volumes. The company posted net revenues of $10.9 billion and a non-GAAP EPS of $3.17, exceeding consensus estimates of $10.68 billion and $3.14, respectively.

Key Highlights

  • Net revenue grew 15% year-over-year to $10.9 billion, or 13% on a constant-dollar basis, beating analyst expectations of $10.68 billion.
  • Key business drivers remained strong, with constant-dollar Payments Volume increasing 8%, total Cross-Border Volume rising 12%, and Processed Transactions growing 9% to 69.4 billion.
  • The company returned $5.1 billion to shareholders in the quarter through $3.8 billion in share repurchases and dividends.