Visa (V) Tax Rate (2009 - 2026)
Visa's (V) quarterly Tax Rate came in at 17.64% in Q2 2026, up 88.0% on a YoY basis from 9.38% in Q2 2025, and up 9.73% quarter-over-quarter from 16.07% in Q1 2026.
Analysis
Visa (V) Tax Rate (2009 - 2026) Analysis & Trends
Visa (V) has reported Tax Rate for 18 consecutive years, with 17.64% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 88.0% year-over-year to 17.64%; the trailing twelve-month figure through Jun 2026 stood at 16.19% (down 48.0% YoY), and the FY2025 full-year result was 17.1%, down 35.0% from the prior year.
- Tax Rate climbed to 17.64% in Q2 2026 per V's latest filing, from 16.07% in the prior quarter.
- Across five years, Tax Rate topped out at 19.7% in Q1 2022 and bottomed at 10.92% in Q2 2022.
- Historically, Tax Rate has averaged 16.99% across 5 years, with a median of 17.19% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 3041 bps in 2022, then jumped 832 bps in 2023.
- Over 5 years, Tax Rate stood at 16.03% in 2022, then grew by 19 bps to 19.07% in 2023, then dropped by 9 bps to 17.44% in 2024, then retreated by 26 bps to 12.98% in 2025, then jumped by 36 bps to 17.64% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.64%, 16.07%, and 12.98% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | 17.64% |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | 20.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.64% |
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | 12.98% |
| Sep 30, 2025 | 18.21% |
| Jun 30, 2025 | 16.75% |
| Mar 31, 2025 | 15.83% |
| Dec 31, 2024 | 17.44% |
| Sep 30, 2024 | 16.54% |
| Jun 30, 2024 | 18.65% |
| Mar 31, 2024 | 15.42% |
| Dec 31, 2023 | 19.07% |
| Sep 30, 2023 | 16.94% |
| Jun 30, 2023 | 19.24% |
| Mar 31, 2023 | 19.34% |
| Dec 31, 2022 | 16.03% |
| Sep 30, 2022 | 19.06% |
| Jun 30, 2022 | 10.92% |
| Mar 31, 2022 | 19.70% |
| Dec 31, 2021 | 19.15% |
| Sep 30, 2021 | 16.61% |