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% YoY from $659.0 million in Q2 2025, and up 42.11% on a QoQ basis from -$190.0 million in Q1 2026.

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

Visa (V) has 16 years of Exchange Rate Effect data on file, last reported at -$110.0 million in Q2 2026.

  • Quarterly Exchange Rate Effect fell 116.69% year-over-year to -$110.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$262.0 million (down 136.19% YoY) and the FY2025 annual result came in at $420.0 million, up 9.95% from the prior year.
  • Exchange Rate Effect advanced to -$110.0 million in Q2 2026, from -$190.0 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $692.0 million in Q4 2022 to a low of -$562.0 million in Q3 2022.
  • A 5-year average of $4.4 million and a median of -$23.0 million in 2024 frame the typical range for Exchange Rate Effect.
  • Annual changes were most pronounced in 2022 — Exchange Rate Effect plunged 652.63% — and 2025, when it jumped 1418.0%.
  • Tracing V's Exchange Rate Effect over 5 years: stood at $692.0 million in 2022, then sank by 56.65% to $300.0 million in 2023, then slumped by 269.33% to -$508.0 million in 2024, then jumped by 106.69% to $34.0 million in 2025, then plunged by 423.53% to -$110.0 million in 2026.
  • The last three Exchange Rate Effect figures came in at -$110.0 million (Q2 2026), -$190.0 million (Q1 2026), and $34.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Visa 618.21 Bn 605.85 Bn - -110.00 Mn
2 Mastercard 506.53 Bn 493.04 Bn - -10.00 Mn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn -6.00 Mn
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - 29.00 Mn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - -
8 Affirm Holdings 25.93 Bn 24.20 Bn - -3.58 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -774,000.00
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn -4.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -110.00 Mn
Jun 30, 2026 -110.00 Mn
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