Visa (V) Exchange Rate Effect (2009 - 2026)
Visa's (V) quarterly Exchange Rate Effect came in at -$110.0 million in Q2 2026, down 116.69% on a YoY basis from $659.0 million in Q2 2025, and up 42.11% quarter-over-quarter from -$190.0 million in Q1 2026.
Analysis
Visa (V) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Visa (V) has reported Exchange Rate Effect for 16 consecutive years, with -$110.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 116.69% year-over-year to -$110.0 million; the trailing twelve-month figure through Jun 2026 stood at -$262.0 million (down 136.19% YoY), and the FY2025 full-year result was $420.0 million, up 9.95% from the prior year.
- Exchange Rate Effect rose to -$110.0 million in Q2 2026 per V's latest filing, from -$190.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $692.0 million in Q4 2022 and bottomed at -$562.0 million in Q3 2022.
- Historically, Exchange Rate Effect has averaged $4.4 million across 5 years, with a median of -$23.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Exchange Rate Effect sank 652.63% in 2022, then surged 1418.0% in 2025.
- Over 5 years, Exchange Rate Effect stood at $692.0 million in 2022, then tumbled by 56.65% to $300.0 million in 2023, then plunged by 269.33% to -$508.0 million in 2024, then soared by 106.69% to $34.0 million in 2025, then slumped by 423.53% to -$110.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$110.0 million, -$190.0 million, and $34.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | -110.00 Mn |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | -10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -110.00 Mn |
| Mar 31, 2026 | -190.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 659.00 Mn |
| Mar 31, 2025 | 265.00 Mn |
| Dec 31, 2024 | -508.00 Mn |
| Sep 30, 2024 | 308.00 Mn |
| Jun 30, 2024 | -50.00 Mn |
| Mar 31, 2024 | -176.00 Mn |
| Dec 31, 2023 | 300.00 Mn |
| Sep 30, 2023 | -208.00 Mn |
| Jun 30, 2023 | 16.00 Mn |
| Mar 31, 2023 | 136.00 Mn |
| Dec 31, 2022 | 692.00 Mn |
| Sep 30, 2022 | -562.00 Mn |
| Jun 30, 2022 | -420.00 Mn |
| Mar 31, 2022 | -111.00 Mn |
| Dec 31, 2021 | -194.00 Mn |
| Sep 30, 2021 | -129.00 Mn |