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AI brief of an SEC Form 8-K · Visa (V)

Visa Q2 net revenue rises 10% to $8.8 billion; GAAP EPS up 12% to $2.29

Positive Impact 3 of 5 earnings Written later

Visa reported fiscal second-quarter 2024 results for the quarter ended March 31, 2024, with net revenue of $8.8 billion, up 10%, and GAAP earnings per share of $2.29, up 12%. The company also declared a quarterly dividend of $0.520 per class A share, payable June 3, 2024, and GAAP results included a $424 million litigation provision that weighed on profit.

Key points

  • Net revenue was $8.8 billion, up 10%; payments volume rose 8% and cross-border volume rose 16%.
  • GAAP net income was $4.7 billion, or $2.29 per share; non-GAAP net income was $5.1 billion, or $2.51 per share, up 20%.
  • Quarterly dividend of $0.520 per share is payable June 3, 2024, to holders of record as of May 17, 2024.

The filing

CompanyVisa (V)
Form8-K, current report
Filed with the SECApr 23, 2024, 4:05 PM ET
Accession number0001403161-24-000027

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

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 April 23, 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.