Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: +8.8% EPS YoY: +20.1% Move: +0.33%

Visa Inc

$329.24 0.33%

Exchange NYSE Sector Financial Services Industry Financial Credit Services

Q1 2024

Published: Jan 26, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for V

Reported

Report Date

Jan 26, 2024

Quarter Q1 2024

Revenue

8.63B

YoY: +8.8%

EPS

2.39

YoY: +20.1%

Market Move

+0.33%

Previous quarter: N/A

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Earnings Highlights

Revenue of $8.63B up 8.8% year-over-year
EPS of $2.39 increased by 20.1% from previous year
Gross margin of 80.8%
Net income of 4.89B
""We are off to a solid start in 2024. Consumer spending remained resilient with first-quarter year-over-year payments volume growth at 8%."" - Ryan McInerney

Visa Inc

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 12, 2026

Executive Summary

In the first quarter of 2024, Visa Inc. (V) reported robust financial results highlighted by an 8% year-over-year increase in global payments volume and a 9% rise in net revenues. Notably, the company achieved a 20% increase in GAAP earnings per share (EPS) driven by strong performance in cross-border transactions, which surged by 16% year-over-year. Additionally, Visa has demonstrated its resilience in consumer payments through ongoing partnerships and the expansion of acceptance locations, which grew by 17%. Management remains confident in their strategic execution across consumer payments, new flows, and value-added services, ensuring sustained growth in a dynamic market.

Key Performance Indicators

Revenue

Increasing

8.63B

QoQ: 0.29% | YoY: 8.80%

Gross Profit

Increasing

6.97B

80.77% margin

QoQ: 0.87% | YoY: 8.61%

Operating Income

Increasing

5.95B

QoQ: 7.28% | YoY: 16.97%

Net Income

Increasing

4.89B

QoQ: 4.46% | YoY: 17.01%

EPS

Increasing

2.39

QoQ: 5.29% | YoY: 20.10%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Performance
- Revenue: $8.634 billion (9% YoY increase)
- Gross Profit: $6.974 billion (8.6% YoY)
- Operating Income: $5.954 billion (16.97% YoY)
- Net Income: $4.890 billion (17% YoY)
- EPS: $2.39 (20.1% YoY)

Profitability Ratios
- Gross Profit Margin: 80.8%
- Net Profit Margin: 56.6%
- Return on Equity: 12.3%

Cash Flow
- Operating Cash Flow: $3.614 billion
- Free Cash Flow: $3.347 billion
- Cash at End of Period: $19.636 billion

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	8.63B	8.80%	0.29%
Gross Profit	6.97B	8.61%	0.87%
Operating Income	5.95B	16.97%	7.28%
Net Income	4.89B	17.01%	4.46%
EPS	2.39	20.10%	5.29%

Key Financial Ratios

Gross Profit Margin

Excellent

80.80%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Excellent

69.00%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Excellent

56.60%

Net profit margin is exceptional, indicating strong pricing power and operational efficiency

Return on Assets

Fair

5.35%

Return on assets is acceptable but below top-tier companies

Return on Equity

Good

12.30%

Return on equity shows solid performance and effective asset utilization

Current Ratio

Adequate

1.45

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Moderate

0.52

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Fair Value

21.08x

P/E ratio in line with market averages

Price to Book

High Premium

10.38x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	10,901.00	0.00	+22.5%	View
Q2 2025	9,594.00	2.26	+9.3%	View
Q1 2025	9,510.00	2.52	+10.2%	View
Q4 2024	9,617.00	2.62	+11.7%	View
Q3 2024	8,900.00	2.40	+9.6%	View
Q1 2024	8,634.00	2.39	+8.8%	View

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Visa Inc (V) Q1 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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