Visa (V) Net Margin (2009 - 2026)

Visa (V) has 18 years of Net Margin data on file, last reported at 48.38% in Q2 2026.

• Quarterly Net Margin fell 345.0% year-over-year to 48.38% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 50.78% (down 138.0% YoY) and the FY2025 annual result came in at 50.14%, down 481.0% from the prior year.
• Net Margin slipped to 48.38% in Q2 2026, from 53.62% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 56.64% in Q4 2023 to a low of 46.89% in Q2 2022.
• A 5-year average of 52.0% and a median of 52.9% in 2022 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2025 — Net Margin slumped 783 bps — and 2026, when it jumped 591 bps.
• Tracing V's Net Margin over 5 years: stood at 52.66% in 2022, then rose by 8 bps to 56.64% in 2023, then fell by 5 bps to 53.83% in 2024, then retreated by 0 bps to 53.69% in 2025, then slipped by 10 bps to 48.38% in 2026.
• The last three Net Margin figures came in at 48.38% (Q2 2026), 53.62% (Q1 2026), and 53.69% (Q4 2025), per Business Quant data.