Financial Services
In 2026-Q2, Visa reported net revenue of $11.63B (up 14% YoY) and GAAP net income of $5.63B (up 7% YoY), driven by strong growth in payments volume, cross-border transactions, and value-added services.
Key risk: Interchange Multidistrict Litigation Exposures
Visa continues to record substantial litigation accruals, including $1.1B recorded over nine months for interchange multidistrict litigation. Future monetary liabilities could exceed deposits made into the U.S. litigation escrow account.
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