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

Reported Q: Q3 2024 Rev YoY: +9.6% EPS YoY: +20.0% Move: +0.88%

Visa Inc

$327.77 0.88%

Exchange NYSE Sector Financial Services Industry Financial Credit Services

Q3 2024

Published: Jul 24, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for V

Reported

Report Date

Jul 24, 2024

Quarter Q3 2024

Revenue

8.90B

YoY: +9.6%

EPS

2.40

YoY: +20.0%

Market Move

+0.88%

Previous quarter: N/A

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Earnings Highlights

Revenue of $8.90B up 9.6% year-over-year
EPS of $2.40 increased by 20% from previous year
Gross margin of 80.1%
Net income of 4.87B
""We remain focused on serving our clients by meeting their needs, innovating, and helping them grow across consumer payments, new flows, and value-added services." - Ryan McInerney" - Ryan McInerney

Visa Inc

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

In the third quarter of 2024, Visa Inc (V) reported impressive financial results featuring a 10% increase in net revenue to $8.9 billion and a net income of $4.872 billion, reflecting a 17% year-over-year growth. The earnings per share (EPS) rose 12% to $2.42, driven primarily by stable volume growth across both consumer payments and new flows, alongside robust performance in value-added services. Visa continues to enhance its market position through strategic partnerships and innovative product offerings, making significant investments in growth sectors like digital payments and financial technology solutions.

Key Performance Indicators

Revenue

Increasing

8.90B

QoQ: 1.42% | YoY: 9.57%

Gross Profit

Increasing

7.13B

80.08% margin

QoQ: 2.06% | YoY: 10.33%

Operating Income

Increasing

5.94B

QoQ: 10.91% | YoY: 18.19%

Net Income

Increasing

4.87B

QoQ: 4.48% | YoY: 17.23%

EPS

Increasing

2.40

QoQ: 4.80% | YoY: 20.00%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: $8.9 billion (up 10% YoY, 1.42% QoQ)
- Net Income: $4.872 billion (up 17% YoY, 4.48% QoQ)
- EPS: $2.42 (up 12% YoY)
- Operating Income Margin: 66.7%
- Free Cash Flow: $4.734 billion
- Gross Profit Margin: 80.08% (stable YoY)
- Cash and Cash Equivalents: $12.947 billion
- Total Assets: $91.04 billion
- Total Liabilities: $51.31 billion
- Total Stockholders’ Equity: $39.73 billion
Overall, Visa remains financially healthy, benefiting from a significant cash position and a high operating income margin, indicating effective cost control amidst growing revenues.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	8.90B	9.57%	1.42%
Gross Profit	7.13B	10.33%	2.06%
Operating Income	5.94B	18.19%	10.91%
Net Income	4.87B	17.23%	4.48%
EPS	2.40	20.00%	4.80%

Key Financial Ratios

Gross Profit Margin

Excellent

80.10%

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

Operating Profit Margin

Excellent

66.70%

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

Net Profit Margin

Excellent

54.70%

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

1.37

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

21.75x

P/E ratio in line with market averages

Price to Book

High Premium

10.67x

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

Visa Inc (V) Q3 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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