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Visa V Value-Added Services — Net revenue

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Other financials

Income statement

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Revenue$11.6B+14.4%
Gross profit$11.4B+14.1%
Operating income$6.9B+11.3%
Net income$5.6B+6.8%
EPS (diluted)$2.97+10.4%

Balance sheet

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Cash & equivalents$18.8B-23.2%
Total debt$26.9B-12.5%
Total equity$35.2B-9.0%
Total assets$94.6B-5.4%

Cash flow

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Operating cash flow$6.6B-2.6%
CapEx$417.0M-1.0%
Free cash flow$6.1B-2.7%

Valuation

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Market cap$688.08B+4.3%
Enterprise value$696.17B+4.6%
P/E30.5×-2.0×
P/S15.5×-1.5×

Profitability

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Gross margin97.7%-0.1pp
Operating margin60.7%-1.5pp
Net margin50.8%-1.4pp
FCF margin47.2%-9.5pp

Returns & leverage

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Return on equity61.2%+9.4pp
Debt / equity0.8×0.0×
Current ratio-0.1×

Where this comes from

Reported directly by Visa in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Visa’s 10-Q, filed July 29, 2026.

Filed
Jul 28, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001403161-26-000104

For the three months ended June 30, 2026 and 2025, revenue from value-added services was $3.8 billion and $2.8 billion, respectively. For the nine months ended June 30, 2026 and 2025, revenue from value-added services

ITEM 1. Financial Statements (Unaudited)

FAQ

What is Visa's value-added services — net revenue?
Visa (V) reported value-added services — net revenue of $3.8B in Q2 2026.
How has Visa's value-added services — net revenue changed year-over-year?
Visa's value-added services — net revenue increased by 35.7% year-over-year, from $2.8B to $3.8B.
What is the long-term trend for Visa's value-added services — net revenue?
Over 2 years (2023 to 2025), Visa's value-added services — net revenue has grown at a 23.0% compound annual growth rate (CAGR), from $7.2B to $10.9B.
What does value-added services — net revenue mean?
This metric represents the net revenue generated from non-transaction processing services, such as fraud detection, cybersecurity, data analytics, and consulting. It reflects the company's ability to monetize its payment network infrastructure beyond core transaction clearing and settlement. This revenue stream is critical for diversifying income and increasing the average revenue per transaction.

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