Visa V Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Net revenue by Product | ||||||
| Client incentives | -$4.25B+0.6% | -$4.27B-0.5% | -$4.25B-6.9% | -$3.97B-6.4% | -$3.73B+1.7% | |
| Data processing revenue | $5.54B0.0% | $5.54B+2.8% | $5.39B+4.7% | $5.15B+9.6% | $4.7B-0.9% | |
| International transaction revenue | $3.63B-0.6% | $3.65B-3.9% | $3.8B+4.6% | $3.63B+10.4% | $3.29B-4.4% | |
| Other revenue | $1.32B+8.7% | $1.21B+3.2% | $1.18B+14.4% | $1.03B+9.7% | $937M+2.7% | |
| Service revenue | $4.98B+4.6% | $4.76B+3.4% | $4.6B+6.3% | $4.33B-1.6% | $4.4B+4.5% | |
| Net revenue by Geography | ||||||
| International | $6.91B+2.6% | $6.74B+2.6% | $6.57B+5.2% | $6.25B+8.0% | $5.78B+0.2% | |
| U.S. | $4.32B+3.7% | $4.16B+0.1% | $4.16B+5.9% | $3.93B+3.0% | $3.81B+2.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Visa break its business down?
- Visa (V) reports net revenue by product across 5 parts — Client incentives, Data processing revenue, International transaction revenue, Other revenue and Service revenue. Each is extracted from the segment footnotes and tracked over time.
- Where does Visa's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Visa's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
