Visa International transaction revenue — Net revenue decreased by 0.6% to $3.63B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $3.29B to $3.63B. Over 4 years (FY 2021 to FY 2025), International transaction revenue — Net revenue shows an upward trend with a 21.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher cross-border transaction volumes or favorable currency conversion spreads, while a decrease suggests reduced international travel or lower global trade activity.
This metric represents the net revenue generated from cross-border payment processing services, including currency conve...
Peers like Mastercard report similar cross-border volume fees, which are highly correlated with global travel and international e-commerce trends.
v_segment_international_transaction_revenue_net_revenue| 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 | $1.70B | $1.90B | $2.17B | $2.21B | $2.56B | $2.87B | $2.80B | $2.75B | $2.92B | $3.17B | $3.02B | $2.98B | $3.19B | $3.47B | $3.44B | $3.29B | $3.63B | $3.80B | $3.65B | $3.63B |
| QoQ Change | — | +11.7% | +14.7% | +1.6% | +15.9% | +12.2% | -2.6% | -1.7% | +6.2% | +8.6% | -4.8% | -1.2% | +7.0% | +8.6% | -0.7% | -4.4% | +10.4% | +4.6% | -3.9% | -0.6% |
| YoY Change | — | — | — | — | +50.9% | +51.6% | +28.7% | +24.5% | +14.1% | +10.4% | +7.9% | +8.5% | +9.4% | +9.3% | +14.0% | +10.3% | +13.7% | +9.6% | +6.1% | +10.3% |