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| 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 |