Visa Q3 net revenue rises 14% to $10.2 billion; GAAP EPS up 12% to $2.69
Visa reported fiscal third-quarter 2025 results for the quarter ended June 30, 2025, with net revenue up 14% to $10.2 billion and GAAP net income up 8% to $5.3 billion. GAAP results absorbed a $615 million litigation provision, which is excluded from the company's non-GAAP figures, where EPS rose 23% to $2.98. The board also declared a quarterly dividend of $0.590 per share, payable September 2, 2025.
Key points
- Net revenue of $10.2 billion, up 14%; payments volume up 8% and cross-border volume up 12% in constant dollars
- GAAP EPS of $2.69, up 12%; non-GAAP EPS of $2.98, up 23%
- Special item of $615 million for a litigation provision tied to the interchange multidistrict litigation and other legal matters
- Quarterly dividend of $0.590 per share payable September 2, 2025, to holders of record as of August 12, 2025
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 July 29, 2025.
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.