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

Visa (V) has reported Research & Development for 18 consecutive years, with $260.0 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $260.0 million, up 16.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $956.0 million (up 13.95% YoY), and the FY2025 annual result was $894.0 million, up 14.91% from the prior year.
• Research & Development was $260.0 million for Q1 2026 at Visa, up from $233.0 million in the prior quarter.
• Over five years, Research & Development peaked at $260.0 million in Q1 2026 and troughed at $178.0 million in Q2 2022.
• Average Research & Development over 5 years is $203.2 million, with a median of $197.0 million recorded in 2023.
• Year-over-year, Research & Development retreated 6.32% in 2022 and climbed 18.52% in 2025.
• Over 5 years, Research & Development stood at $178.0 million in 2022, then increased by 1.69% to $181.0 million in 2023, then increased by 14.36% to $207.0 million in 2024, then increased by 12.56% to $233.0 million in 2025, then gained by 11.59% to $260.0 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $260.0 million in Q1 2026, $233.0 million in Q4 2025, and $239.0 million in Q3 2025.