Visa said net revenue for Q4 was $10.7 billion, an increase of 12%, or 11% on a constant-dollar basis, and full-year net revenue was $40.0 billion, an increase of 11%, or 12% on a constant-dollar basis.

1. 01

   Visa said net revenue for Q4 was $10.7 billion, an increase of 12%, or 11% on a constant-dollar basis, and full-year net revenue was $40.0 billion, an increase of 11%, or 12% on a constant-dollar basis.

2. 02

   The company said GAAP net income for Q4 was $5.1 billion, or $2.62 per share, a decrease of 4%, and included a special item of $899 million for a litigation provision associated with the interchange multidistrict litigation case and other legal matters. Excluding this item, non-GAAP net income was $5.8 billion, or $2.98 per share.

3. 03

   Visa said net cash provided by operating activities for the 12 months was $23,059 million, and financing activities included repurchases of class A common stock of $18,316 million and dividend payments of $4,634 million.

4. 04

   The company said its board of directors increased the quarterly cash dividend 14% to $0.670 per share of class A common stock, payable on 2025-12-01 to holders of record as of 2025-11-12.

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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