Visa Q1 net revenues rise 9% to $8.6 billion; GAAP EPS up 20% to $2.39
Visa reported fiscal first quarter 2024 results for the quarter ended December 31, 2023, with net revenues of $8.6 billion, up 9%, and GAAP net income of $4.9 billion, or $2.39 per share, up 20%. The board also declared a quarterly cash dividend of $0.520 per share, payable March 1, 2024, which shareholders should note alongside the results.
Key points
- Net revenues were $8.6 billion, up 9% on a nominal and constant-dollar basis.
- GAAP net income was $4.9 billion, or $2.39 per share; non-GAAP EPS was $2.41, up 11%.
- Cross-border volume excluding intra-Europe rose 16% on a constant-dollar basis; payments volume rose 8%.
- The board declared a $0.520 per share dividend on January 23, 2024, payable March 1, 2024, to holders of record as of February 9, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.