Visa Q3 2024 Earnings Report

Visa's Q3 2024 financial performance reflected strong growth in net revenue, GAAP EPS, and non-GAAP EPS, driven by stable key business drivers and expanded partnerships.

Key Takeaways

Visa reported strong Q3 2024 results with a 10% increase in net revenue to $8.9 billion. GAAP EPS grew by 20% to $2.40, and non-GAAP EPS increased by 12% to $2.42. The company saw stable growth in payments volume, cross-border volume, and processed transactions.

Net revenue increased by 10% to $8.9 billion.

GAAP net income was $4.9 billion, or $2.40 per share.

Non-GAAP net income was $4.9 billion, or $2.42 per share.

Payments volume increased by 7%, cross-border volume grew by 14%, and processed transactions rose by 10%.

Total Revenue

$8.9B

Previous year: $8.12B