Visa's Vigorous Growth: Q2 Revenue Surges to $9.6 Billion

Digital payments giant Visa Inc. (NYSE: V) has reported a robust revenue of $9.6 billion for the second quarter of the fiscal year, marking a 9% increase compared to the same period last year. After adjusting for currency fluctuations, the year-over-year growth stands at 11%.

Visa attributed this performance to increased payment volumes, stronger cross-border transactions, and a global shift toward digital payments. According to the company's Q2 financial report, Visa returned $5.6 billion to shareholders through share repurchases and cash dividends during the quarter. Additionally, reflecting confidence in its long-term growth prospects, the Board of Directors has approved a new multi-year $30 billion share repurchase program.

The company also declared a cash dividend of $0.590 per share for shareholders of record as of May 13, 2025, which is scheduled to be paid on June 2.

Visa’s GAAP net income for the quarter reached $4.6 billion, or $2.32 per share. On a non-GAAP basis—excluding certain items—net income totaled $5.4 billion, or $2.76 per share. Year-over-year, overall payment volume rose by 8%, while cross-border transactions (excluding intra-European activity) increased by 13%, and processed transactions grew by 9%.

Commenting on the earnings, Visa CEO Ryan McInerney said, “We delivered 9% revenue growth in our fiscal second quarter driven by strong performance in payments volume, cross-border and processed transactions. Consumer spending remained resilient despite economic uncertainty. Our strategy in consumer payments, new flows, and value-added services—along with our diversified business model and focus on innovation—positions us well for the rest of the year and beyond.”