The company said net revenue for the fiscal second quarter ended March 31, 2025 rose to $9.6 billion, up 9% (11% on a constant-dollar basis). GAAP net income fell 2% to $4.6 billion, while GAAP earnings per share of $2.32 rose 1%.

1. 01

   The company said net revenue for the fiscal second quarter ended March 31, 2025 rose to $9.6 billion, up 9% (11% on a constant-dollar basis). GAAP net income fell 2% to $4.6 billion, while GAAP earnings per share of $2.32 rose 1%.

2. 02

   Visa said this quarter's GAAP results included a special item of $992 million for a litigation provision tied to the interchange multidistrict litigation (MDL) case. Excluding that item and other adjusted items, it said non-GAAP net income was $5.4 billion, or $2.76 per share, up 6% and 10%, respectively.

3. 03

   The company said payments volume on a constant-dollar basis rose 8% and cross-border volume rose 13% for the 3 months ended March 31, 2025. Processed transactions totaled 60.7 billion, up 9% over the same period.

4. 04

   The company said it repurchased approximately 13 million shares of class A common stock for $4.5 billion in the 3 months ended March 31, 2025, and had $4.7 billion of remaining authorized funds. In April, its board approved a new $30.0 billion multi-year share repurchase program and declared a quarterly dividend of $0.590 per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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