Visa V Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Net revenue by Product | ||||||
| Client incentives | -$4.25B-13.7% | -$4.27B-12.4% | -$4.25B-17.1% | -$3.97B-12.5% | -$3.73B-14.6% | |
| Data processing revenue | $5.54B+17.9% | $5.54B+16.8% | $5.39B+17.0% | $5.15B+14.8% | $4.7B+10.4% | |
| International transaction revenue | $3.63B+10.3% | $3.65B+6.1% | $3.8B+9.6% | $3.63B+13.7% | $3.29B+10.3% | |
| Other revenue | $1.32B+40.9% | $1.21B+33.1% | $1.18B+21.4% | $1.03B+31.8% | $937M+23.9% | |
| Service revenue | $4.98B+13.2% | $4.76B+13.1% | $4.6B+9.6% | $4.33B+9.2% | $4.4B+9.1% | |
| Net revenue by Geography | ||||||
| International | $6.91B+19.5% | $6.74B+16.7% | $6.57B+14.3% | $6.25B+18.3% | $5.78B+12.7% | |
| U.S. | $4.32B+13.3% | $4.16B+11.4% | $4.16B+7.4% | $3.93B+8.5% | $3.81B+4.6% |
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.
