Visa reported net revenue of $45.9 billion for the fiscal year ended September 30, 2026, up 15%, in results published on October 27. Fourth-quarter net revenue rose 13% to $12.1 billion, cross-border volume excluding transactions within Europe grew 14% in constant dollars, and processed transactions rose 10% to 74.2 billion.
Why it matters: Other revenue grew 40% to $5.7 billion for the year, the fastest of Visa’s four revenue lines, while international transaction revenue grew 8%. The fourth quarter also carried a $469 million provision for the US interchange multidistrict litigation, and chief executive Ryan McInerney told investors Visa now supports five stablecoins on 10 blockchains, according to Payments Dive.
Source: Visa earnings release (SEC filing), October 27, 2026; Payments Dive, October 28, 2026
Related: Visa Direct moves stablecoin prefunding into production with Inyo Global · Visa and Mastercard face proposed £5bn UK interchange claim
