1、Visa Reports Fiscal Third Quarter 2025 ResultsSan Francisco,CA,July 29,2025 Visa(NYSE:V)GAAP net income of$5.3B or$2.69 per share and non-GAAP net income of$5.8B or$2.98 per shareNet revenue of$10.2B,an increase of 14%on a nominal and constant-dollar basisGrowth in payments volume,cross-border volum

2、e and processed transactions was strongShare repurchases and dividends of$6.0BIncome Statement SummaryIn billions,except percentages and per share data.%change is calculated over the comparable prior-year period.Q3 2025Ryan McInerney,Chief Executive Officer,Visa,commented on the results:USD%ChangeNe

3、t Revenue$10.214%Visa delivered another strong quarter,with 14%net revenue growth,12%GAAP EPS growth and 23%non-GAAP EPS growth.Healthy business driver trends continued through the quarter and into the first few weeks of July.Consumer spending remains resilient,with continued strength in discretiona

4、ry and non-discretionary growth in the U.S.Looking ahead,our continued focus on innovation and product development in dynamic areas like AI and stablecoins is helping to shape the future of commerce while delivering sustainable,long-term value for our shareholders.GAAP Net Income$5.38%GAAP Earnings

5、Per Share$2.6912%Non-GAAP Net Income(1)$5.819%Non-GAAP Earnings Per Share(1)$2.9823%(1)Refer to Non-GAAP Financial Measures for further details and a reconciliation of the GAAP to non-GAAP measures presented.Key Business DriversYoY increase/(decrease),volume in constant dollarsQ3 2025Payments Volume

6、8%Cross-Border Volume Excluding Intra-Europe(2)11%Cross-Border Volume Total12%Processed Transactions10%(2)Cross-border volume excluding transactions within Europe.Fiscal Third Quarter 2025 Financial HighlightsGAAP net income in the fiscal third quarter was$5.3 billion or$2.69 per share,an increase o