Visa (V) Tax Rate (2009 - 2026)

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

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

Visa has reported Tax Rate for 18 years, with the latest figure at 16.07% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 24.0% year-over-year to 16.07%; the trailing twelve-month figure through Mar 2026 stood at 15.95% (down 119.0% YoY), and the FY2025 full-year result was 17.1%, down 35.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 16.07%, up from 12.98% in the prior quarter.
  • The five-year high for Tax Rate was 19.7% in Q1 2022, with the low at 10.92% in Q2 2022.
  • Historically, Tax Rate has averaged 16.95% across 5 years, with a median of 16.94% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 3041 bps — and 2023, when it soared 832 bps.
  • Visa's Tax Rate stood at 16.03% in 2022, then advanced by 19 bps to 19.07% in 2023, then decreased by 9 bps to 17.44% in 2024, then declined by 26 bps to 12.98% in 2025, then gained by 24 bps to 16.07% in 2026.
  • The last three Tax Rate figures came in at 16.07% (Q1 2026), 12.98% (Q4 2025), and 18.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 16.07
2 Mastercard 437.48 Bn 427.27 Bn - 19.33
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 21.36
4 Capital One Financial 125.74 Bn 49.24 Bn - 19.19
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 20.10
6 Synchrony Financial 25.78 Bn 5.22 Bn - 23.11
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn 4.19
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 16.45
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn 20.25
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn 22.29

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%