Business

Visa Reports a 10% Revenue Surge to $9.5B in Q1 2025, Beating Estimates

Visa's Financial Triumph in Q1 2025

Visa Inc. announced a remarkable 10% increase in its revenue for the first quarter of fiscal 2025, reaching $9.5 billion. This growth not only surpasses the figures from the same quarter in the previous year but also slightly exceeds market expectations. The company's GAAP net income saw a 5% year-on-year increase, totaling $5.1 billion, while GAAP earnings per share rose by 8% to $2.58. Additionally, the adjusted net income experienced an 11% climb, amounting to $5.5 billion, or $2.75 per share.

CEO Ryan McInerney highlighted the company's strong performance, attributing it to robust spending during the holiday season and positive trends in payments volume, cross-border transactions, and processed transactions growth. McInerney emphasized Visa's commitment to innovation and client service, focusing on consumer payments, new flows, and value-added services as key growth drivers for 2025.

Following the announcement, Visa's shares saw a 1.44% increase in after-hours trading, reflecting investor confidence in the company's continued growth and innovation.