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Jun 30, 2022

Visa Q3 2022 Earnings Report

Visa's Q3 2022 financial results were reported, demonstrating strong growth despite macroeconomic uncertainty and the suspension of business in Russia.

Key Takeaways

Visa Inc. reported strong Q3 2022 results with net revenues of $7.3 billion, a 19% increase year-over-year. GAAP net income was $3.4 billion, or $1.60 per share, while non-GAAP net income was $4.2 billion, or $1.98 per share. The company saw significant growth in payments volume, cross-border volume, and processed transactions.

Net revenues increased by 19%, reaching $7.3 billion.

GAAP net income was $3.4 billion, or $1.60 per share.

Non-GAAP net income was $4.2 billion, or $1.98 per share.

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

Total Revenue
$7.28B
Previous year: $6.13B
+18.7%
EPS
$1.98
Previous year: $1.49
+32.9%
Processed transactions
49.3B
Previous year: 39
+126410256310.3%
Cross-border volume growth
40%
Previous year: 47%
-14.9%
Cash and Equivalents
$14B

Visa

Visa

Visa Revenue by Segment

Forward Guidance

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and anticipated timing and benefits of our acquisitions.