FINHUB Insights

V · Q2 FY26 · Jan 1 – Mar 31, 2026

Visa Q2 FY26: where the revenue came from and where it went

Visa Q2 FY26: revenue $11.2B (+17% year over year). Net profit $6B. Largest cohort International $6.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
Apr 29, 2026 10-Q
Sankey diagram of Visa's income statement for Q2 FY26: revenue of $11.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$11.2B +17% year over year
Operating profit$7.2B 64% margin
Net profit$6B 54% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 11.2 100% +17%
International 6.9 62% +20%
U.S. 4.3 38% +13%
Personnel−1.916%+0pp
Marketing−0.55%+0pp
General and administrative−0.54%+0pp
Depreciation and amortization−0.33%+0pp
Litigation provision−0.33%+0pp
Other−0.54%+0pp
Operating profit7.264% margin+8pp
Tax−1.1
Interest & other costs−0.1
Net profit654%+6pp
Filing on EDGAR More quarters of V

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters