Visa (V) Q4 2026 Earnings Call Transcript

Visa reported strong Q4 results and set forward-looking guidance during its FY2026 earnings call transcript. Senior leadership highlighted net revenue of $12.1 billion in the fourth quarter, up 13% year over year, supported by growth across payments volume, cross-border volume and processed transactions. Non-GAAP EPS was $3.48, up 17% and above expectations due to a lower effective tax rate. For the full fiscal year, Visa said value-added services revenue reached $14 billion, growing 30% in constant dollars. The company cited processed transactions of 74.2 billion (+10% YoY) and cross-border volume up 14% (excluding intra-Europe), with travel-related spending accelerating. Management projected 2027 adjusted net revenue growth in the low double digits and EPS growth in a range from the low double digits to low teens, assuming a stable macro environment. It also outlined tokenization, Tap to Pay and stablecoin settlement penetration levels.