Visa (V) Revenue — Quarter Ended Mar 31, 2023
Revenue increased for the quarter. The growth was modest compared to the immediate prior quarter but remained strong relative to the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q2
Revenue increased for the quarter. The growth was modest compared to the immediate prior quarter but remained strong relative to the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8B
Revenue reported for this quarter.
Quarter-over-quarter
+0.6%
Change from the immediately preceding quarter.
Year-over-year
+11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$31B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $7.3B | +18.7% |
| Sep 30, 2022 | $7.8B | +18.7% |
| Dec 31, 2022 | $7.9B | +12.4% |
| Mar 31, 2023 | $8B | +11.1% |
Revenue performance
The reported revenue rose, with a small sequential gain and a larger year-over-year increase.
Quarterly comparison
Compared to the preceding quarter, revenue edged higher. Versus the same quarter one year earlier, revenue showed a notable advance.
What to watch
The year-over-year growth rate has moderated over the past several quarters, based on the available trend data.