Visa (V) Tax Rate (2009 - 2026)

Visa (V) posted Tax Rate of 16.07% for Q1 2026, up 23.83% quarter-over-quarter from 12.98% in Q4 2025, and up 24.0% year-on-year from 12.96% in Q1 2025.

Visa (V) Tax Rate (2009 - 2026) Analysis & Trends

Visa (V) has reported Tax Rate for 18 consecutive years, with 16.07% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 16.07%, up 24.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.95% (down 119.0% YoY), and the FY2025 annual result was 17.1%, down 35.0% from the prior year.
  • Tax Rate was 16.07% for Q1 2026 at Visa, up from 12.98% in the prior quarter.
  • Over five years, Tax Rate peaked at 19.7% in Q1 2022 and troughed at 10.92% in Q2 2022.
  • Average Tax Rate over 5 years is 16.95%, with a median of 16.94% recorded in 2023.
  • Year-over-year, Tax Rate sank 3041 bps in 2022 and surged 832 bps in 2023.
  • Over 5 years, Tax Rate stood at 16.03% in 2022, then increased by 19 bps to 19.07% in 2023, then declined by 9 bps to 17.44% in 2024, then decreased by 26 bps to 12.98% in 2025, then grew by 24 bps to 16.07% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 16.07% in Q1 2026, 12.98% in Q4 2025, and 18.21% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 16.07%
2 Mastercard 465.55 Bn 455.34 Bn - 19.33%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 21.36%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 20.10%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 4.19%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 16.45%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 20.25%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 22.29%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -17.46%
10 Sezzle 5.91 Bn 5.79 Bn - 22.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.07%
Mar 31, 2026 16.07%
Dec 31, 2025 12.98%
Dec 31, 2025 12.98%
Sep 30, 2025 18.21%
Sep 30, 2025 18.21%
Jun 30, 2025 16.75%
Jun 30, 2025 16.75%
Mar 31, 2025 15.83%
Mar 31, 2025 15.83%
Dec 31, 2024 17.44%
Dec 31, 2024 17.44%
Sep 30, 2024 16.54%
Sep 30, 2024 16.54%
Jun 30, 2024 18.65%
Jun 30, 2024 18.65%
Mar 31, 2024 15.42%
Mar 31, 2024 15.42%
Dec 31, 2023 19.07%
Dec 31, 2023 19.07%