Visa (V) Exchange Rate Effect (2009 - 2026)

Visa (V) posted Exchange Rate Effect of -$190.0 million for Q1 2026, down 658.82% quarter-over-quarter from $34.0 million in Q4 2025, and down 171.7% year-on-year from $265.0 million in Q1 2025.

Visa (V) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Visa (V) has reported Exchange Rate Effect for 16 consecutive years, with -$190.0 million the latest figure, recorded in Q1 2026.

  • Exchange Rate Effect for Q1 2026 came in at -$190.0 million, down 171.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $507.0 million (up 3280.0% YoY), and the FY2025 annual result was $420.0 million, up 9.95% from the prior year.
  • Exchange Rate Effect was -$190.0 million for Q1 2026 at Visa, down from $34.0 million in the prior quarter.
  • Over five years, Exchange Rate Effect peaked at $692.0 million in Q4 2022 and troughed at -$562.0 million in Q3 2022.
  • Average Exchange Rate Effect over 5 years is $11.1 million, with a median of $4.0 million recorded in 2025.
  • Year-over-year, Exchange Rate Effect slumped 652.63% in 2022 and soared 1418.0% in 2025.
  • Over 5 years, Exchange Rate Effect stood at $692.0 million in 2022, then plunged by 56.65% to $300.0 million in 2023, then sank by 269.33% to -$508.0 million in 2024, then jumped by 106.69% to $34.0 million in 2025, then sank by 658.82% to -$190.0 million in 2026.
  • Per Business Quant data, the three most recent Exchange Rate Effect figures were -$190.0 million in Q1 2026, $34.0 million in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -190.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - -116.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 57.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -50.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -3.58 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -774,000.00
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -3.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -1.89 Mn
10 Sezzle 5.91 Bn 5.79 Bn - -205,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -190.00 Mn
Mar 31, 2026 -190.00 Mn
Dec 31, 2025 34.00 Mn
Dec 31, 2025 34.00 Mn
Sep 30, 2025 4.00 Mn
Sep 30, 2025 4.00 Mn
Jun 30, 2025 659.00 Mn
Jun 30, 2025 659.00 Mn
Mar 31, 2025 265.00 Mn
Mar 31, 2025 265.00 Mn
Dec 31, 2024 -508.00 Mn
Dec 31, 2024 -508.00 Mn
Sep 30, 2024 308.00 Mn
Sep 30, 2024 308.00 Mn
Jun 30, 2024 -50.00 Mn
Jun 30, 2024 -50.00 Mn
Mar 31, 2024 -176.00 Mn
Mar 31, 2024 -176.00 Mn
Dec 31, 2023 300.00 Mn
Dec 31, 2023 300.00 Mn