Visa (V) Net Margin (2009 - 2026)

Visa (V) has reported Net Margin for 18 consecutive years, with 48.38% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Net Margin fell 345.0% year-over-year to 48.38%; the trailing twelve-month figure through Jun 2026 stood at 50.78% (down 138.0% YoY), and the FY2025 full-year result was 50.14%, down 481.0% from the prior year.
• Net Margin fell to 48.38% in Q2 2026 per V's latest filing, from 53.62% in the prior quarter.
• Across five years, Net Margin topped out at 56.64% in Q4 2023 and bottomed at 46.89% in Q2 2022.
• Historically, Net Margin has averaged 52.0% across 5 years, with a median of 52.9% in 2022.
• The sharpest annual moves came in 2025 and 2026: Net Margin tumbled 783 bps in 2025, then surged 591 bps in 2026.
• Over 5 years, Net Margin stood at 52.66% in 2022, then advanced by 8 bps to 56.64% in 2023, then decreased by 5 bps to 53.83% in 2024, then slipped by 0 bps to 53.69% in 2025, then declined by 10 bps to 48.38% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 48.38%, 53.62%, and 53.69% for Q2 2026, Q1 2026, and Q4 2025 respectively.