Visa (V) Revenue — Quarter Ended Dec 31, 2023
Revenue increased from the prior quarter and also rose compared to the same quarter a year ago. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q1
Revenue increased from the prior quarter and also rose compared to the same quarter a year ago. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.6B
Revenue reported for this quarter.
Quarter-over-quarter
+0.3%
Change from the immediately preceding quarter.
Year-over-year
+8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.4B
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 |
|---|---|---|
| Mar 31, 2023 | $8B | +11.1% |
| Jun 30, 2023 | $8.1B | +11.7% |
| Sep 30, 2023 | $8.6B | +10.6% |
| Dec 31, 2023 | $8.6B | +8.8% |
Revenue performance
The reported revenue for the quarter was higher than in the immediately preceding quarter. The filing context does not provide specific commentary on the drivers of this movement.
Quarterly comparison
Compared with the same quarter one year earlier, revenue showed a solid increase. The sequential comparison also reflected growth, though at a slower pace.
What to watch
The filing context lists risk factors and management discussion topics but offers no specific insight into revenue trends for this period.