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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |