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

Visa has reported Research & Development for 18 years, with the latest figure at $260.0 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 16.07% year-over-year to $260.0 million; the trailing twelve-month figure through Mar 2026 stood at $956.0 million (up 13.95% YoY), and the FY2025 full-year result was $894.0 million, up 14.91% from the prior year.
• Research & Development for Q1 2026 stood at $260.0 million, up from $233.0 million in the prior quarter.
• The five-year high for Research & Development was $260.0 million in Q1 2026, with the low at $178.0 million in Q2 2022.
• Historically, Research & Development has averaged $203.2 million across 5 years, with a median of $197.0 million in 2023.
• Annual changes were most pronounced in 2022 — Research & Development declined 6.32% — and 2025, when it gained 18.52%.
• Visa's Research & Development 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 grew by 11.59% to $260.0 million in 2026.
• The last three Research & Development figures came in at $260.0 million (Q1 2026), $233.0 million (Q4 2025), and $239.0 million (Q3 2025), per Business Quant data.