Visa (V) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior quarter was lower than the growth rate versus the same quarter a year ago.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior quarter was lower than the growth rate versus the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.6B
Revenue reported for this quarter.
Quarter-over-quarter
+8.1%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.9B
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 |
|---|---|---|
| Dec 31, 2023 | $8.6B | +8.8% |
| Mar 31, 2024 | $8.8B | +9.9% |
| Jun 30, 2024 | $8.9B | +9.6% |
| Sep 30, 2024 | $9.6B | +11.7% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, continuing the upward trend seen throughout the fiscal year.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter one year earlier. The sequential increase was smaller than the year-over-year increase.
What to watch
The filing discusses that declines in cross-border travel and spend could negatively affect international transaction revenue.