Visa Conversion rate by Quarter

Name: Visa Conversion rate by Quarter (V)
Creator: Visa

Conversion rate — Class C common stock into Class A (x) (×)

Quarterly Annual

Visa Conversion rate: 4.00× in Q3 FY26, unchanged from a year earlier. That is the highest of the 43 quarters on record here.

Latest, Q3 FY26

4.00

Period ended Jun 30, 2026

Change on a year earlier

0.0%

4.00 in Q3 FY25

History

43 quarters

Since Q1 FY16

Sources

Documents cited below

Where the Q3 FY26 figure comes from

Source: Visa Form 10-Q (2026-06-30) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

Period	Ended	Conversion rate — Class C common stock into Class A (x) (×)	Year on year	Source
Q3 FY26	Jun 30, 2026	4.00	0.0%	Visa Form 10-Q (2026-06-30) ↗
Q2 FY26	Mar 31, 2026	4.00	0.0%	Visa Form 10-Q (2026-03-31) ↗
Q1 FY26	Dec 31, 2025	4.00	0.0%	Visa Form 10-Q (2025-12-31) ↗
Q4 FY25	Sep 30, 2025	4.00	0.0%	Visa Form 10-Q (2025-09-30) ↗
Q3 FY25	Jun 30, 2025	4.00	0.0%	Visa Form 10-Q (2025-06-30) ↗
Q2 FY25	Mar 31, 2025	4.00	0.0%	Visa Form 10-Q (2025-03-31) ↗
Q1 FY25	Dec 31, 2024	4.00	0.0%	Visa Form 10-Q (2024-12-31) ↗
Q4 FY24	Sep 30, 2024	4.00	0.0%	Visa Form 10-K (2024-09-30) ↗
Q3 FY24	Jun 30, 2024	4.00	0.0%	Visa Form 10-Q (2024-06-30) ↗
Q2 FY24	Mar 31, 2024	4.00	0.0%	Visa Form 10-Q (2024-03-31) ↗
Q1 FY24	Dec 31, 2023	4.00	0.0%	Visa Form 10-Q (2023-12-31) ↗
Q4 FY23	Sep 30, 2023	4.00	0.0%	Visa Form 10-K (2023-09-30) ↗
Q3 FY23	Jun 30, 2023	4.00	0.0%	Visa Form 10-Q (2023-06-30) ↗
Q2 FY23	Mar 31, 2023	4.00	0.0%	Visa Form 10-Q (2023-03-31) ↗
Q1 FY23	Dec 31, 2022	4.00	0.0%	Visa Form 10-Q (2022-12-31) ↗
Q4 FY22	Sep 30, 2022	4.00	0.0%	Visa Form 10-K (2022-09-30) ↗
Q3 FY22	Jun 30, 2022	4.00	0.0%	Visa Form 10-Q (2022-06-30) ↗
Q2 FY22	Mar 31, 2022	4.00	0.0%	Visa Form 10-Q (2022-03-31) ↗
Q1 FY22	Dec 31, 2021	4.00	0.0%	Visa Form 10-Q (2021-12-31) ↗
Q4 FY21	Sep 30, 2021	4.00	0.0%	Visa Form 10-K (2021-09-30) ↗
Q3 FY21	Jun 30, 2021	4.00	0.0%	Visa Form 10-Q (2021-06-30) ↗
Q2 FY21	Mar 31, 2021	4.00	0.0%	Visa Form 10-Q (2021-03-31) ↗
Q1 FY21	Dec 31, 2020	4.00	0.0%	Visa Form 10-Q (2020-12-31) ↗
Q4 FY20	Sep 30, 2020	4.00	0.0%	Visa Form 10-K (2020-09-30) ↗
Q3 FY20	Jun 30, 2020	4.00	0.0%	Visa Form 10-Q (2020-06-30) ↗
Q2 FY20	Mar 31, 2020	4.00	0.0%	Visa Form 10-Q (2020-03-31) ↗
Q1 FY20	Dec 31, 2019	4.00	0.0%	Visa Form 10-Q (2019-12-31) ↗
Q4 FY19	Sep 30, 2019	4.00	0.0%	Visa Form 10-K (2019-09-30) ↗
Q3 FY19	Jun 30, 2019	4.00	0.0%	Visa Form 10-Q (2019-06-30) ↗
Q2 FY19	Mar 31, 2019	4.00	0.0%	Visa Form 10-Q (2019-03-31) ↗
Q1 FY19	Dec 31, 2018	4.00	0.0%	Visa Form 10-Q (2018-12-31) ↗
Q4 FY18	Sep 30, 2018	4.00	0.0%	Visa Form 10-K (2018-09-30) ↗
Q3 FY18	Jun 30, 2018	4.00	0.0%	Visa Form 10-Q (2018-06-30) ↗
Q2 FY18	Mar 31, 2018	4.00	0.0%	Visa Form 10-Q (2018-03-31) ↗
Q1 FY18	Dec 31, 2017	4.00	0.0%	Visa Form 10-Q (2017-12-31) ↗
Q4 FY17	Sep 30, 2017	4.00	0.0%	Visa Form 10-K (2017-09-30) ↗
Q3 FY17	Jun 30, 2017	4.00	0.0%	Visa Form 10-Q (2017-06-30) ↗
Q2 FY17	Mar 31, 2017	4.00	0.0%	Visa Form 10-Q (2017-03-31) ↗
Q1 FY17	Dec 31, 2016	4.00	0.0%	Visa Form 10-Q (2016-12-31) ↗
Q4 FY16	Sep 30, 2016	4.00	–	Visa Form 10-K (2016-09-30) ↗
Q3 FY16	Jun 30, 2016	4.00	–	Visa Form 10-Q (2016-06-30) ↗
Q2 FY16	Mar 31, 2016	4.00	–	Visa Form 10-Q (2016-03-31) ↗
Q1 FY16	Dec 31, 2015	4.00	–	Visa Form 10-Q (2015-12-31) ↗

Cite this data

StockData. (2026). Visa Conversion rate (×), quarterly Q1 FY16–Q3 FY26 [Data set]. Compiled from Visa SEC filings and investor materials. https://stockdatahq.com/stocks/v/kpis/conv-c

See every metric in the Visa KPI table. Data updated Oct 24, 2026.