Visa (V) Research & Development (2009 - 2026)

Visa's (V) quarterly Research & Development came in at $280.0 million in Q2 2026, up 25.0% YoY from $224.0 million in Q2 2025, and up 7.69% on a QoQ basis from $260.0 million in Q1 2026.

Visa (V) Research & Development (2009 - 2026) Analysis & Trends

Visa (V) has 18 years of Research & Development data on file, last reported at $280.0 million in Q2 2026.

  • Quarterly Research & Development rose 25.0% year-over-year to $280.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.0 billion (up 17.27% YoY) and the FY2025 annual result came in at $894.0 million, up 14.91% from the prior year.
  • Research & Development grew to $280.0 million in Q2 2026, from $260.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $280.0 million in Q2 2026 to a low of $178.0 million in Q2 2022.
  • A 5-year average of $207.4 million and a median of $198.5 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development declined 6.32% — and 2026, when it rose 25.0%.
  • Tracing V's Research & Development over 5 years: stood at $178.0 million in 2022, then advanced by 1.69% to $181.0 million in 2023, then advanced by 14.36% to $207.0 million in 2024, then advanced by 12.56% to $233.0 million in 2025, then increased by 20.17% to $280.0 million in 2026.
  • The last three Research & Development figures came in at $280.0 million (Q2 2026), $260.0 million (Q1 2026), and $233.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 280.00 Mn
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 1.76 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 489.00 Mn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 849.00 Mn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 248.00 Mn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 72.85 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 335.54 Mn
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 280.00 Mn
Mar 31, 2026 260.00 Mn
Dec 31, 2025 233.00 Mn
Sep 30, 2025 239.00 Mn
Jun 30, 2025 224.00 Mn
Mar 31, 2025 224.00 Mn
Dec 31, 2024 207.00 Mn
Sep 30, 2024 208.00 Mn
Jun 30, 2024 200.00 Mn
Mar 31, 2024 189.00 Mn
Dec 31, 2023 181.00 Mn
Sep 30, 2023 197.00 Mn
Jun 30, 2023 182.00 Mn
Mar 31, 2023 179.00 Mn
Dec 31, 2022 178.00 Mn
Sep 30, 2022 185.00 Mn
Jun 30, 2022 178.00 Mn
Mar 31, 2022 190.00 Mn
Dec 31, 2021 190.00 Mn
Sep 30, 2021 192.00 Mn