KPIs & Operating Metrics(New)
Growth Metrics

Visa (V) Net Margin (2016 - 2026)

Visa filings provide 18 years of Net Margin readings, the most recent being 53.62% for Q1 2026.

  • On a quarterly basis, Net Margin rose 591.0% to 53.62% in Q1 2026 year-over-year; TTM through Mar 2026 was 51.68%, a 118.0% decrease, with the full-year FY2025 number at 50.14%, down 481.0% from a year prior.
  • Net Margin hit 53.62% in Q1 2026 for Visa, roughly flat from 53.69% 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.
  • Median Net Margin over the past 5 years was 53.14% (2024), compared with a mean of 52.22%.
  • Biggest five-year swings in Net Margin: tumbled -783bps in 2025 and later soared 591bps in 2026.
  • Visa's Net Margin stood at 52.66% in 2022, then increased by 8bps to 56.64% in 2023, then decreased by -5bps to 53.83% in 2024, then fell by 0bps to 53.69% in 2025, then decreased by 0bps to 53.62% in 2026.
  • The last three reported values for Net Margin were 53.62% (Q1 2026), 53.69% (Q4 2025), and 47.46% (Q3 2025) per Business Quant data.