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

Visa fiscal Q2 net income rises 32% to $6.0 billion; $20.0 billion buyback authorized

Positive Impact 4 of 5 earnings Written later

Visa reported fiscal second quarter 2026 GAAP net income of $6.0 billion, or $3.14 per share, up 32% and 36% from a year earlier, on net revenue of $11.2 billion, up 17%. The board also authorized a new $20.0 billion multi-year share repurchase program and declared a quarterly dividend of $0.670 per share, which matters to shareholders because it returns more cash to holders while the company's results improved.

Key points

  • Net revenue was $11.2 billion, up 17% (16% on a constant-dollar basis)
  • GAAP EPS was $3.14, up 36%; non-GAAP EPS was $3.31, up 20%
  • Board authorized a new $20.0 billion multi-year buyback in April 2026; $13.2 billion remained under prior authorization as of March 31, 2026
  • Quarterly dividend of $0.670 per share payable June 1, 2026, to holders of record as of May 12, 2026

The filing

CompanyVisa (V)
Form8-K, current report
Filed with the SECApr 28, 2026, 4:05 PM ET
Accession number0001403161-26-000077

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 28, 2026.

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.