Visa V
NYSE V
$367.57 -2.36 (-0.64%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

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

Analysis

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

Visa (V) has reported Research & Development for 18 consecutive years, with $280.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 25.0% year-over-year to $280.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.0 billion (up 17.27% YoY), and the FY2025 full-year result was $894.0 million, up 14.91% from the prior year.
  • Research & Development improved to $280.0 million in Q2 2026 per V's latest filing, from $260.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $280.0 million in Q2 2026 and bottomed at $178.0 million in Q2 2022.
  • Historically, Research & Development has averaged $207.4 million across 5 years, with a median of $198.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Research & Development fell 6.32% in 2022, then gained 25.0% in 2026.
  • Over 5 years, Research & Development stood at $178.0 million in 2022, then grew by 1.69% to $181.0 million in 2023, then grew by 14.36% to $207.0 million in 2024, then grew by 12.56% to $233.0 million in 2025, then gained by 20.17% to $280.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $280.0 million, $260.0 million, and $233.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 655.38 Bn 643.02 Bn - 280.00 Mn
2 Mastercard 492.20 Bn 478.71 Bn - -
Historic Data

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