•
Dec 31, 2024

Visa Q1 2025 Earnings Report

Visa's Q1 2025 results reflected healthy spending during the holiday season and improving trends in payments volume, cross-border volume, and processed transactions growth.

Key Takeaways

Visa reported strong first-quarter results with a 10% increase in net revenue, driven by growth in payments volume, cross-border volume, and processed transactions. GAAP EPS increased by 8%, and non-GAAP EPS increased by 14%.

Net revenue increased by 10%, or 11% on a constant-dollar basis.

GAAP net income was $5.1 billion, or $2.58 per share.

Non-GAAP net income was $5.5 billion, or $2.75 per share.

Payments volume, cross-border volume, and processed transactions showed strong growth.

Total Revenue
$9.51B
Previous year: $8.63B
+10.1%
EPS
$2.75
Previous year: $2.41
+14.1%
Processed transactions
63.8B
Previous year: 57.5B
+11.0%
Cross-border volume growth
16%
Previous year: 16%
+0.0%
Gross Profit
$7.21B
Previous year: $6.73B
+7.2%
Cash and Equivalents
$17.4B
Previous year: $20.2B
-13.7%
Free Cash Flow
$5.05B
Previous year: $3.35B
+50.9%
Total Assets
$91.9B
Previous year: $91.4B
+0.5%

Visa

Visa

Visa Revenue by Segment

Forward Guidance

Visa's management team will provide a comprehensive update of our strategies and key initiatives at the Investor Day in San Francisco on Thursday, February 20, 2025.

Revenue & Expenses

Visualization of income flow from segment revenue to net income