Visa (V) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 29, 2026 astatine 9:29 AM CDT 51 min read

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Date

Tuesday, April 28, 2026, astatine 5 p.m. ET

Call Participants

• Chief Executive Officer — Ryan McInerney

• Chief Financial Officer — Christopher Suh

• Senior Vice President, Investor Relations — Jennifer Como

Full Conference Call Transcript

Ryan McInerney: Thanks, Jennifer. In our fiscal 2nd quarter, nett gross was up 17% year-over-year to $11.2 cardinal and EPS was up 20%. This represented the strongest nett gross maturation since 2022. And erstwhile you exclude the post-pandemic betterment and the Visa Europe acquisition, it was the strongest since 2013. Payments measurement grew 9% year-over-year successful changeless dollars to $3.7 trillion and processed transactions grew 9% year-over-year to $66 billion. Our concern has unthinkable momentum. Visa has go the starring hyperscaler of payments globally, and our strategy and Visa arsenic a Service stack volition assistance america thrust aboriginal maturation successful 4 important ways. One, we are winning successful user payments, commercialized payments and wealth movement.

Our investments and innovations are paying disconnected successful a meaningful mode and volition proceed to thrust growth. Two, AI and agentic commerce volition grow our addressable market, and our efforts volition accelerate Visa's semipermanent growth. Three, stablecoins and blockchain are important opportunities, and we person established Visa's relation arsenic a cardinal interoperability furniture betwixt this almighty infrastructure and real-world solutions for users. And four, value-added services is an adjacent bigger accidental and has demonstrated its worth arsenic a cardinal operator of our growth, present representing 30% of our nett revenue, increasing astatine 25% positive successful changeless dollars.

These services person durable competitory advantages arsenic the immense bulk are linked to transactions, cards and accounts, and they are lone strengthened with AI, reinforcing their value arsenic a maturation lever for years to come. We person heavy condemnation successful our quality to turn gross good into the future, not conscionable for the adjacent 3 to 5 years, but beyond. I'll spell done each of these 4 drivers successful much detail. As I mentioned, our investments successful consumer, commercialized and wealth question are delivering meaningful results. We are winning with fintechs, wallets and apps.

They are gathering connected our stack, and tapping into our innovation and our immense acceptance footprint, to assistance hyperscale their maturation and ours, capturing some carded and non-carded payments. A fewer caller examples. Just past week successful the U.K., we partnered with TikTok to motorboat a debit paper specifically designed for contented creators. The Creator Card enables faster entree to income from TikTok LIVE, marque partnerships and level payouts truthful that creators tin spend, program and reinvest successful their concern quickly. In Japan, a state with astir 50% of spending successful cash, we are collaborating with mobile payments app, PayPay and their 40 cardinal monthly transacting users and millions of acceptance locations to deploy caller home and planetary solutions.