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Mar 31, 2023
Visa Q2 2023 Earnings Report
Visa's Q2 2023 financial results reflected growth in net revenues and processed transactions.
Key Takeaways
Visa Inc. reported a strong fiscal second quarter with net revenues of $8.0 billion, an 11% increase year-over-year. GAAP net income was $4.3 billion, or $2.03 per share, while non-GAAP net income was $4.4 billion, or $2.09 per share. The company saw growth in payments volume, cross-border volume, and processed transactions.
Net revenues reached $8.0 billion, up 11% year-over-year.
GAAP net income was $4.3 billion, or $2.03 per share.
Non-GAAP net income was $4.4 billion, or $2.09 per share.
Payments volume, processed transactions, and cross-border volume experienced stable growth.
Visa
Visa
Visa Revenue by Segment
Forward Guidance
The earnings release and related materials contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.