Visa earnings date and guidance
Visa's next results are expected on October 27, 2026. Watch whether renewals and incentives keep revenue growth on guidance.
What has Visa guided for FY2026?
Visa’s financial year ends on September 30. In July, management guided to full-year FY2026 net-revenue growth at the low end of low-teens growth and earnings-per-share growth at the low end of the mid-teens. For the fourth quarter, it expected revenue growth at the high end of low-double-digit growth and earnings growth at the low end of the mid-teens.
Has Visa kept its past promises?
Visa promised sustained growth, disciplined expenses and regular capital returns. Buybacks increased and the diluted share count fell, while services revenue grew strongly. But acquisition effects and pricing contributed to reported growth, so a lower share count and one strong period do not prove that existing operations improved equally.
| Year to Sep 2025 | Year to Sep 2024 | Year to Sep 2023 | Year to Sep 2022 | Year to Sep 2021 | |
|---|---|---|---|---|---|
| Shares bought back | 18,316 | 16,713 | 12,101 | 11,589 | 8,676 |
| Stock-based pay | 897 | 850 | 765 | 602 | 542 |
| Diluted shares | 1,966 | 2,029 | 2,085 | 2,136 | 2,188 |
| Change in diluted shares over the year (calculated) | -3.1% | -2.7% | -2.4% | -2.4% | -1.6% |
How have Visa's last eight quarters trended?
Revenue reached $11,633 million, up about 14.4%. Operating income reached $6,877 million, up about 11.3%. Net income rose 6.8% to $5,628 million, while diluted EPS increased 10.4% to $2.97. Revenue therefore grew faster than operating profit, while EPS benefited from the share count.
| Quarter to Jun 2026 | Quarter to Mar 2026 | Quarter to Dec 2025 | Quarter to Sep 2025 | Quarter to Jun 2025 | Quarter to Mar 2025 | Quarter to Dec 2024 | Quarter to Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11,633 | 11,230 | 10,901 | 10,724 | 10,172 | 9,594 | 9,510 | 9,617 |
| Operating income | 6,877 | 7,234 | 6,737 | 6,148 | 6,177 | 5,435 | 6,234 | 6,349 |
| Net income | 5,628 | 6,021 | 5,853 | 5,090 | 5,272 | 4,577 | 5,119 | 5,318 |
| EPS, diluted | 2.97 | 3.14 | 3.03 | 2.62 | 2.69 | 2.32 | 2.58 | 2.65 |
| Cash from operations | 6,554 | 3,008 | 6,780 | 6,238 | 6,730 | 4,695 | 5,396 | 6,664 |
| Capital spending | 417 | 383 | 378 | 389 | 421 | 327 | 345 | 309 |
What should investors watch in Visa's next results?
The October 27, 2026 full-year results are the first major checkpoint. Results below guidance, weaker revenue yield, or evidence that routing remedies and renewals are lifting incentives would move the forecast toward the bear.