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.
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.
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