- Revenue: $9.5B, +10% YoY
- Net income: $5.1B, +5% YoY
- EPS: $2.58 GAAP (+8% YoY), $2.75 non-GAAP (+14% YoY)
- Cross-border volume: +16% YoY
CEO Ryan McInerney: "Visa's strong first-quarter results reflected healthy holiday spending, robust payments volume, and cross-border growth. We remain focused on our three growth levers – consumer payments, new flows, and value-added services."
🌱Revenue & Growth
- Payments volume: +9% YoY
- Processed transactions: 63.8B, +11% YoY
- International transaction revenue: $3.4B, +14% YoY
💰Profits & Financials
- Gross revenue: $9.5B, +10% YoY
- Operating expenses: $3.3B, +22% YoY (driven by personnel & admin costs)
- Free cash flow: $5.4B
- Share repurchases & dividends: $5.1B
📌Business Highlights
- Acquisition: Completed acquisition of Featurespace, an AI-driven fraud prevention company
- Share buyback: Repurchased 13M shares for $3.9B
- Dividend: Declared quarterly cash dividend of $0.59 per share
