Products & Services · Net revenue

Service revenue — Net revenue

Visa Service revenue — Net revenue increased by 4.6% to $4.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $4.40B to $4.98B. Over 4 years (FY 2021 to FY 2025), Service revenue — Net revenue shows an upward trend with a 11.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ2 2026Apr 29, 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher payment volumes or improved pricing power within the network, while a decrease may signal slowing consumer spending or competitive pressure on service fees.

Detailed definition

This metric represents the net revenue generated from services provided to clients for facilitating payment transactions...

Peer comparison

Comparable to 'Service Fees' or 'Network Revenue' reported by other global payment processors and card networks.

Metric ID: v_segment_service_revenue_net_revenue

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$2.83B$3.13B$3.19B$3.52B$3.19B$3.46B$3.51B$3.77B$3.67B$3.88B$3.92B$4.03B$3.97B$4.20B$4.21B$4.40B$4.33B$4.60B$4.76B$4.98B
QoQ Change+10.5%+2.2%+10.3%-9.4%+8.4%+1.5%+7.4%-2.7%+5.7%+1.0%+3.0%-1.6%+5.8%+0.2%+4.5%-1.6%+6.3%+3.4%+4.6%
YoY Change+12.8%+10.7%+10.0%+7.1%+15.0%+12.1%+11.5%+6.9%+8.2%+8.3%+7.5%+9.1%+9.2%+9.6%+13.1%+13.2%
Range$2.83B$4.98B
CAGR+12.7%
Avg YoY Growth+10.3%
Median YoY Growth+9.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is Visa's service revenue — net revenue?
Visa (V) reported service revenue — net revenue of $4.98B in Q1 2026.
How has Visa's service revenue — net revenue changed year-over-year?
Visa's service revenue — net revenue increased by 13.2% year-over-year, from $4.40B to $4.98B.
What is the long-term trend for Visa's service revenue — net revenue?
Over 4 years (2021 to 2025), Visa's service revenue — net revenue has grown at a 11.2% compound annual growth rate (CAGR), from $11.48B to $17.54B.
What does service revenue — net revenue mean?
Revenue earned from providing ongoing payment network services to financial institutions and clients.