Visa Reports Strong Third Quarter as Wall Street Raises Growth Outlook
Visa reported strong third-quarter results, with revenue and earnings per share exceeding expectations. Driven by the recovery in international travel and continued growth in global e-commerce activity, Visa’s cross-border transaction volume increased 13%. Wall Street analysts broadly raised their earnings forecasts for the next two years.
What are the key facts?
- 1Visa third-quarter net revenue rose 14% to $11.63 billion
- 2Cross-border transaction volume increased 13%
- 3Fiscal 2026 earnings-per-share forecast raised
- 4Global e-commerce activity continued to grow healthily
What happened?
Visa’s adjusted third-quarter earnings per share rose 11% year over year to $3.32, while net revenue increased 14% to $11.63 billion. Cross-border transaction volume rose 13% at constant exchange rates, mainly driven by international travel and global e-commerce activity. Based on strong execution, analysts raised their earnings-per-share and revenue forecasts for Visa’s fiscal years 2026 and 2027.
What does this mean for cross-border sellers?
Growth in Visa’s cross-border transaction volume reflects resilience in global e-commerce. Cross-border sellers can remain confident in international consumer demand and optimize settlement processes by leveraging stable mainstream payment channels.