Visa (V) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the increase seen in the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the increase seen in the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.1B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.8B
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 |
|---|---|---|
| Sep 30, 2022 | $7.8B | +18.7% |
| Dec 31, 2022 | $7.9B | +12.4% |
| Mar 31, 2023 | $8B | +11.1% |
| Jun 30, 2023 | $8.1B | +11.7% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The sequential increase was smaller than the year-over-year gain.
What to watch
The sequential growth rate moderated relative to the prior quarter's pace.