NYSE$V
Visa · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Visa's Q3 2021 earnings were reported, demonstrating strong growth driven by economic recovery and increased spending.
Visa Inc. reported a strong third quarter with net revenues of $6.1 billion, a 27% increase year-over-year. GAAP net income was $2.6 billion, or $1.18 per share, while non-GAAP net income was $3.3 billion, or $1.49 per share. The results were driven by growth in payments volume, cross-border volume, and processed transactions, reflecting a recovery in key economies and increased digital payments.
- Net revenues increased by 27% to $6.1 billion, driven by growth in payments volume, cross-border volume and processed transactions.
- GAAP net income was $2.6 billion, or $1.18 per share, up 9% and 10% respectively.
- Non-GAAP net income was $3.3 billion, or $1.49 per share, up 39% and 41% respectively.
- Cross-border volume, excluding transactions within Europe, increased by 53%.
Headline financials
Revenue & EPS history
Visa · Revenue · Quarterly
$6.13B
Revenue by segment
Visa · $10.4B total across 5 segments · Q3 2021
- Data Processing Revenue$3.33B+31.8%32.0%
- Service Revenue$2.83B+17.4%27.2%
- Client Incentives$2.13B+40.8%20.5%
- International Transactions$1.7B+53.9%16.3%
- Other Revenue$409M+30.3%3.9%
Forward guidance
Due to the continuing impact of COVID-19 and the significant uncertainty in the global economy, Visa is not providing a fiscal full-year 2021 outlook at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.5%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.0%
Avg return
30 days after
51%
33 / 65 earnings
Positive
+10.7%
Q1 2022
Best reaction
-7.7%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +2.6% | +5.7% | +5.9% | |
| Q1 2026 | -1.2% | -0.6% | -3.5% | |
| Q4 2025 | -2.4% | -2.9% | -3.6% | |
| Q3 2025 | -0.1% | -2.6% | +0.1% | |
| Q2 2025 | +1.2% | +2.1% | +6.9% | |
| Q1 2025 | -0.4% | +1.9% | +5.7% | |
| Q4 2024 | +2.1% | +2.3% | +10.7% | |
| Q3 2024 | -5.1% | -3.1% | +0.1% | |
| Q2 2024 | +1.0% | +0.8% | +0.7% | |
| Q1 2024 | -1.4% | +2.0% | +4.4% | |
| Q4 2023 | +2.3% | -1.0% | +9.6% | |
| Q3 2023 | -1.5% | -2.1% | -0.5% | |
| Q2 2023 | -2.0% | -0.0% | -4.0% | |
| Q1 2023 | +2.9% | +2.4% | -2.4% | |
| Q4 2022 | +6.6% | +9.8% | +11.0% | |
| Q3 2022 | -1.8% | -1.0% | -2.1% | |
| Q2 2022 | +2.0% | +1.5% | -0.7% | |
| Q1 2022 | +10.7% | +12.9% | +6.5% | |
| Q4 2021 | -7.7% | -9.5% | -13.1% | |
| Q3 2021 | -1.3% | -1.5% | -7.9% | |
| Q2 2021 | +1.4% | +1.4% | -1.5% | |
| Q1 2021 | -0.9% | +3.9% | +8.9% | |
| Q4 2020 | -2.7% | -2.8% | +11.0% | |
| Q3 2020 | +0.8% | -3.3% | +7.2% | |
| Q2 2020 | -3.4% | -1.8% | +7.4% | |
| Q1 2020 | -2.9% | -0.6% | -11.3% | |
| Q4 2019 | +3.8% | +3.7% | +4.8% | |
| Q3 2019 | +1.5% | +1.7% | -0.3% | |
| Q2 2019 | -0.4% | +1.5% | +0.6% | |
| Q1 2019 | +0.0% | +4.8% | +10.7% | |
| Q4 2018 | +1.0% | -3.4% | -4.5% | |
| Q3 2018 | +1.8% | -2.5% | +3.0% | |
| Q2 2018 | +4.8% | +4.6% | +8.3% | |
| Q1 2018 | -2.7% | -3.4% | -2.8% | |
| Q4 2017 | +1.3% | +1.5% | +3.3% | |
| Q3 2017 | +1.4% | +1.8% | +4.3% | |
| Q2 2017 | +1.6% | +2.6% | +3.0% | |
| Q1 2017 | +4.4% | +4.1% | +7.7% | |
| Q4 2016 | -0.4% | -0.2% | -3.4% | |
| Q3 2016 | +0.7% | -1.1% | +1.4% | |
| Q2 2016 | -2.5% | — | — | |
| Q1 2016 | +5.0% | — | — | |
| Q4 2015 | +0.4% | — | — | |
| Q3 2015 | +3.9% | — | — | |
| Q2 2015 | -2.3% | — | — | |
| Q1 2015 | +3.5% | — | — | |
| Q4 2014 | +9.2% | — | — | |
| Q3 2014 | -2.9% | — | — | |
| Q2 2014 | -4.8% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q3 2013 | +3.2% | — | — | |
| Q2 2013 | +4.1% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +4.0% | — | — | |
| Q3 2012 | +3.2% | — | — | |
| Q2 2012 | -5.4% | — | — | |
| Q1 2012 | +5.1% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | -1.4% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q1 2010 | +1.3% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q2 2010 | -2.1% | — | — |
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