Visa Q4 2021 Earnings Report
Key Takeaways
Visa Inc. reported strong fiscal fourth quarter results with a 29% increase in net revenues to $6.6 billion and GAAP net income of $3.6 billion, or $1.65 per share. The results were driven by growth in payments volume, cross-border volume, and processed transactions, as well as the diversification of revenue with new flows and value-added services.
Net revenues increased by 29% to $6.6 billion.
GAAP net income reached $3.6 billion, or $1.65 per share.
Non-GAAP net income was $3.5 billion, or $1.62 per share.
Payments volume, cross-border volume, and processed transactions all increased from fiscal third quarter levels.
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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, the impact on our underlying business drivers and other volume and transaction trends as a result of the ongoing effects of the coronavirus ("COVID-19") pandemic, the measures taken in response, as well as the speed and strength of an economic recovery; our future operations, prospects, developments, strategies, business growth and anticipated timing and benefits of our acquisitions.