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| Date | Value |
|---|---|
| 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% |