Visa (V) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.8B
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+9.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.1B
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, 2023 | $8.1B | +11.7% |
| Sep 30, 2023 | $8.6B | +10.6% |
| Dec 31, 2023 | $8.6B | +8.8% |
| Mar 31, 2024 | $8.8B | +9.9% |
Revenue performance
The reported revenue for the quarter ended March 31, 2024 was higher than the preceding quarter ended December 31, 2023.
Quarterly comparison
Revenue rose compared to the same quarter one year earlier, and the year-over-year increase was larger than the sequential increase from the prior quarter.
What to watch
The sequential revenue growth rate was lower than the year-over-year rate, which may warrant monitoring in future quarters.