Visa reported net revenue of $45.9 billion for fiscal full-year 2026 in an earnings disclosure filed with the Securities and Exchange Commission on Oct. 27, the company said.
Annual net revenue rose 15% from the comparable prior-year period. Visa also increased its quarterly cash dividend 16% to $0.78 a share.
For fiscal fourth quarter 2026, Visa reported net revenue of $12.1 billion, an increase of 13%. Net income under generally accepted accounting principles, the standard rules for financial reporting, reached $6 billion, or $3.19 a share.
Fourth-quarter net income rose 18% from the comparable prior-year period, while earnings per share increased 22%. The revenue increase was also 13% when measured on a constant-dollar basis, which removes the effect of exchange-rate changes.
For fiscal full-year 2026, net income under generally accepted accounting principles was $23.5 billion, or $12.32 a share. Annual net income increased 17%, while earnings per share rose 21%.
Visa Chief Executive Officer Ryan McInerney said annual net revenue set a record. He described the annual revenue increase as the strongest in more than 15 years, excluding the post-pandemic recovery and acquisitions.
Visa also supplied non-GAAP results, separate from its figures under standard accounting rules. For fiscal fourth quarter 2026, non-GAAP net income was $6.6 billion, or $3.48 a share.
Those fourth-quarter figures represented increases of 13% in non-GAAP net income and 17% in non-GAAP earnings per share. For fiscal full-year 2026, non-GAAP net income was $25.3 billion, or $13.27 a share.
Annual non-GAAP net income increased 12% from the comparable prior-year period. Non-GAAP earnings per share increased 16%, while annual net revenue rose 14% on a constant-dollar basis.
Payments volume increased 9% in both fiscal fourth quarter 2026 and fiscal full-year 2026. Total cross-border volume rose 14% in the fourth quarter and 13% for the full year.
Excluding transactions within Europe, cross-border volume increased 14% in the fourth quarter and 12% for the full year. Visa measured those volume changes in constant dollars.
Processed transactions increased 10% in the fourth quarter and 9% for the full year. Share repurchases and dividends totaled $5.2 billion for the fourth quarter and $25.6 billion for the full year.
Visa submitted the results in an Oct. 27 Form 8-K filing under Item 2.02, covering operating results and financial condition. The examination covered SEC filings dated Oct. 24-28 from 24 large U.S. listed companies and financial institutions.
