Visa (V) Net Margin (2009 - 2026)

Visa (V) has reported Net Margin for 18 consecutive years, with 53.62% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 53.62%, up 591.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.68% (down 118.0% YoY), and the FY2025 annual result was 50.14%, down 481.0% from the prior year.
• Net Margin was 53.62% for Q1 2026 at Visa, roughly flat from 53.69% in the prior quarter.
• Over five years, Net Margin peaked at 56.64% in Q4 2023 and troughed at 46.89% in Q2 2022.
• Average Net Margin over 5 years is 52.22%, with a median of 53.14% recorded in 2024.
• Year-over-year, Net Margin plunged 783 bps in 2025 and soared 591 bps in 2026.
• Over 5 years, Net Margin stood at 52.66% in 2022, then climbed by 8 bps to 56.64% in 2023, then slipped by 5 bps to 53.83% in 2024, then dropped by 0 bps to 53.69% in 2025, then fell by 0 bps to 53.62% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 53.62% in Q1 2026, 53.69% in Q4 2025, and 47.46% in Q3 2025.