Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock

It identified consumer payments and value-added services amongst its growth levers.

Visa reported a net revenue of $9.5b for the first quarter of 2025, 10% year-on-year (YoY) higher, its latest financial results showed.

Earnings per share (EPS) using the generally accepted accounting principles (GAAP) is $2.58, an 8% YoY increase. Non-GAAP earnings per share is $2.75.

Its net income was $5.1b, 5% YoY higher than in Q1 2024.

Quarterly cash dividend is $0.59 per share of class A common stock, as declared by the board of directors on 28 January.

"Visa's strong first-quarter results reflected healthy spending during the holiday season and improving trends in payments volume, cross-border volume, and processed transactions growth,” said Ryan McInerney, Chief Executive Officer, Visa.

McInerney identified consumer payments, new flows, and value-added services as Visa’s three growth levers for 2025.

Notable business moves during the quarter include the completion of its acquisition of Featurespace in December 2024. Featurespace is a developer of real-time AI payments protection technology.

Visa also repurchased approximately 13 million shares of class A common stock in December 2024. The average cost per share is $300.61, for $3.9b in total.

Visa has $9.1b of remaining authorized funds for share repurchases as of 31 December 2024.