Visa (V) Tax Rate (2009 - 2026)
Visa's (V) quarterly Tax Rate came in at 17.64% in Q2 2026, up 88.0% YoY from 9.38% in Q2 2025, and up 9.73% on a QoQ basis from 16.07% in Q1 2026.
Visa (V) Tax Rate (2009 - 2026) Analysis & Trends
Visa (V) has 18 years of Tax Rate data on file, last reported at 17.64% in Q2 2026.
- Quarterly Tax Rate rose 88.0% year-over-year to 17.64% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 16.19% (down 48.0% YoY) and the FY2025 annual result came in at 17.1%, down 35.0% from the prior year.
- Tax Rate rose to 17.64% in Q2 2026, from 16.07% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.7% in Q1 2022 to a low of 10.92% in Q2 2022.
- A 5-year average of 16.99% and a median of 17.19% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 3041 bps — and 2023, when it soared 832 bps.
- Tracing V's Tax Rate over 5 years: 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 surged by 36 bps to 17.64% in 2026.
- The last three Tax Rate figures came in at 17.64% (Q2 2026), 16.07% (Q1 2026), and 12.98% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 17.64% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 20.01% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 23.61% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 20.90% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 15.73% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 25.38% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 4.17% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | 16.45% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 23.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.64% |
| Jun 30, 2026 | 17.64% |
| Jun 30, 2026 | 17.64% |
| Mar 31, 2026 | 16.07% |
| Mar 31, 2026 | 16.07% |
| Mar 31, 2026 | 16.07% |
| Dec 31, 2025 | 12.98% |
| Dec 31, 2025 | 12.98% |
| Dec 31, 2025 | 12.98% |
| Sep 30, 2025 | 18.21% |
| Sep 30, 2025 | 18.21% |
| Sep 30, 2025 | 18.21% |
| Jun 30, 2025 | 16.75% |
| Jun 30, 2025 | 16.75% |
| Jun 30, 2025 | 16.75% |
| Mar 31, 2025 | 15.83% |
| Mar 31, 2025 | 15.83% |
| Mar 31, 2025 | 15.83% |
| Dec 31, 2024 | 17.44% |
| Dec 31, 2024 | 17.44% |