What is Visa's client incentives?

Visa (V) reported client incentives of $4.25B in Q1 2026.

How has Visa's client incentives changed year-over-year?

Visa's client incentives increased by 13.7% year-over-year, from $3.73B to $4.25B.

What is the long-term trend for Visa's client incentives?

Over 4 years (2021 to 2025), Visa's client incentives has grown at a 17.1% compound annual growth rate (CAGR), from $8.37B to $15.75B.

Operating

Client incentives

Visa Client incentives decreased by 0.6% to $4.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.7%, from $3.73B to $4.25B. Over 4 years (FY 2021 to FY 2025), Client incentives shows an upward trend with a 17.1% CAGR.

Analysis

StatementCash Flow Statement

SectionOperating

First reportedQ1 2015

Last reportedQ2 2026Apr 29, 2026

Metric ID: operating_amortization_of_client_incentives

Historical Data

20 periods

	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Value	$2.13B	$2.39B	$2.37B	$2.49B	$2.57B	$2.86B	$2.79B	$2.91B	$3.17B	$3.44B	$3.35B	$3.26B	$3.53B	$3.63B	$3.80B	$3.73B	$3.97B	$4.25B	$4.27B	$4.25B
QoQ Change	—	+12.1%	-0.7%	+5.2%	+3.0%	+11.3%	-2.6%	+4.3%	+9.0%	+8.6%	-2.6%	-2.7%	+8.4%	+2.8%	+4.6%	-1.7%	+6.4%	+6.9%	+0.5%	-0.6%
YoY Change	—	—	—	—	+20.7%	+19.8%	+17.5%	+16.5%	+23.2%	+20.2%	+20.2%	+12.1%	+11.5%	+5.5%	+13.4%	+14.6%	+12.5%	+17.1%	+12.4%	+13.7%

Range$2.13B – $4.27B

CAGR+15.6%

Avg YoY Growth+15.7%

Median YoY Growth+15.6%

Frequently Asked Questions

What is Visa's client incentives?: Visa (V) reported client incentives of $4.25B in Q1 2026.
How has Visa's client incentives changed year-over-year?: Visa's client incentives increased by 13.7% year-over-year, from $3.73B to $4.25B.
What is the long-term trend for Visa's client incentives?: Over 4 years (2021 to 2025), Visa's client incentives has grown at a 17.1% compound annual growth rate (CAGR), from $8.37B to $15.75B.