Income StatementBalance SheetCash FlowSegments
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Visa Business Segments

Business, geographic, and product segment breakdowns

Visa generates $43.0B in annual revenue across 4 key segments: Client incentives (-$16.7B), Data processing revenue ($21.6B), International transaction revenue ($14.7B), and Other revenue ($4.7B). The company-wide operating margin is 61.12%. Based on the Q1 2026 filing.

Client incentives (TTM)-$16.7BData processing revenue (TTM)$21.6BInternational transaction revenue (TTM)$14.7BOther revenue (TTM)$4.7BService revenue (TTM)$18.7B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$625.45B
P/E Ratio28.13
ROE60.35%

Products & Services

Net revenue

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Data processing revenue$4.7B$4.7B$5.2B$5.4B$5.5B$5.5B
Service revenue$4.2B$4.4B$4.3B$4.6B$4.8B$5.0B
Client incentives-$3.8B-$3.7B-$4.0B-$4.2B-$4.3B-$4.2B
International transaction revenue$3.4B$3.3B$3.6B$3.8B$3.7B$3.6B
Other revenue$912.0M$937.0M$1.0B$1.2B$1.2B$1.3B

Revenue, remaining performance obligation, amount

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value-Added Services————$5.4B$5.5B

Geographic

Effective interest rate (as a percent)

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Europe2.5%2.5%4.0%4.0%4.0%4.0%

Senior notes

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Europe$1.4B$1.5B$1.6B$1.6B$1.6B$1.6B

Stated interest rate (as a percent)

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Europe2.4%2.4%3.9%3.9%3.9%3.9%

Net revenue

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
International$5.8B$5.8B$6.2B$6.6B$6.7B$6.9B
U.S.$3.7B$3.8B$3.9B$4.2B$4.2B$4.3B

Total

SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
International———$598.0M——
UNITED STATES———$1.8B——