Visa Q1 net revenue rises 15% to $10.9 billion; GAAP EPS up 17% to $3.03
Visa reported fiscal first-quarter results for the period ended December 31, 2025, with net revenue up 15% to $10.9 billion and GAAP net income up 14% to $5.9 billion. The company also declared a quarterly dividend of $0.670 per class A share, payable March 2, 2026, which shows continued cash returns to shareholders, though GAAP results include a $707 million litigation provision.
Key points
- Net revenue was $10.9 billion, up 15%; GAAP earnings per share were $3.03, up 17%, and non-GAAP EPS was $3.17, up 15%.
- GAAP results included a $707 million litigation provision tied to the interchange multidistrict litigation, and a $333 million deferred tax benefit.
- Share repurchases and dividends totaled $5.1 billion in the quarter, with $21.1 billion of repurchase authorization remaining as of December 31, 2025.
- Quarterly dividend of $0.670 per class A share declared January 27, 2026; record date February 10, 2026; payable March 2, 2026.
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 January 29, 2026.
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.