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Visa Inc.

VNYSEServices-Business Services, NECFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026Score 11/30103% above fair value
$425.51+11.92 (+2.88%)

Close on Nov 2, 2026Market cap $759.29BP/E –Yield 0.14%

Visa Non-GAAP operating expenses YoY growth by Quarter

Non-GAAP operating expenses YoY growth — Constant-dollar (%) (%)

Visa Non-GAAP operating expenses YoY growth: 14.0% in Q3 FY26, up 1.0 pts from a year earlier.

Latest, Q3 FY26
14.0%
Period ended Jun 30, 2026
Change on a year earlier
+1.0 pts
13.0% in Q3 FY25
History
19 quarters
Since Q1 FY22
Sources
19
Documents cited below

Where the Q3 FY26 figure comes from

“Non-GAAP Adjusted Constant-Dollar Basis(1) 12% 14% 18.3% 10%”

Source: Visa Financial Results Presentation FY2026Q3 ↗

Quarterly history

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

PeriodEndedNon-GAAP operating expenses YoY growth — Constant-dollar (%) (%)Year on yearSource
Q3 FY26Jun 30, 202614.0%+1.0 ptsVisa Financial Results Presentation FY2026Q3 ↗
Q2 FY26Mar 31, 202613.0%+5.0 ptsVisa Financial Results Presentation FY2026Q2 ↗
Q1 FY26Dec 31, 202514.0%+5.0 ptsVisa Financial Results Presentation FY2026Q1 ↗
Q4 FY25Sep 30, 202511.0%+1.0 ptsVisa Financial Results Presentation FY2025Q4 ↗
Q3 FY25Jun 30, 202513.0%+1.0 ptsVisa Financial Results Presentation FY2025Q3 ↗
Q2 FY25Mar 31, 20258.0%-2.0 ptsVisa Financial Results Presentation FY2025Q2 ↗
Q1 FY25Dec 31, 20249.0%+1.0 ptsVisa Financial Results Presentation FY2025Q1 ↗
Q4 FY24Sep 30, 202410.0%+2.0 ptsVisa Financial Results Presentation FY2024Q4 ↗
Q3 FY24Jun 30, 202412.0%+2.0 ptsVisa Financial Results Presentation FY2024Q3 ↗
Q2 FY24Mar 31, 202410.0%-2.0 ptsVisa Financial Results Presentation FY2024Q2 ↗
Q1 FY24Dec 31, 20238.0%-6.0 ptsVisa Financial Results Presentation FY2024Q1 ↗
Q4 FY23Sep 30, 20238.0%-12.0 ptsVisa Financial Results Presentation FY2023Q4 ↗
Q3 FY23Jun 30, 202310.0%-4.0 ptsVisa Financial Results Presentation FY2023Q3 ↗
Q2 FY23Mar 31, 202312.0%-5.0 ptsVisa Financial Results Presentation FY2023Q2 ↗
Q1 FY23Dec 31, 202214.0%-2.0 ptsVisa Financial Results Presentation FY2023Q1 ↗
Q4 FY22Sep 30, 202220.0%–Visa Financial Results Presentation FY2022Q4 ↗

Cite this data

StockData. (2026). Visa Non-GAAP operating expenses YoY growth (%), quarterly Q1 FY22–Q3 FY26 [Data set]. Compiled from Visa SEC filings and investor materials. https://stockdatahq.com/stocks/v/kpis/nongaap-opex-yoy-const

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