Visa Q3 net revenue rises 10% to $8.9 billion; GAAP EPS up 20% to $2.40
Visa reported fiscal third-quarter 2024 results for the quarter ended June 30, 2024, with net revenue of $8.9 billion, up 10%, and GAAP earnings per share of $2.40, up 20%. Non-GAAP earnings per share were $2.42, up 12%, and non-GAAP net income rose 9% to $4.9 billion. The board also declared a $0.520 per share quarterly dividend, payable September 3, 2024, which shows continued cash returns to shareholders alongside share repurchases and dividends totaling $5.8 billion in the quarter.
Key points
- Net revenue was $8.9 billion, up 10%, with payments volume up 7% and cross-border volume up 14%.
- GAAP net income was $4.9 billion, or $2.40 per share, up 17% and 20% respectively.
- Non-GAAP EPS was $2.42, up 12%, while non-GAAP operating expenses rose 14%.
- The quarterly dividend is $0.520 per share, payable September 3, 2024, to holders of record as of August 9, 2024.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 July 23, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.