Visa reported net revenue of $10.2 billion for its fiscal third quarter of 2025, representing a 14% increase year-on-year, as the network posted non-GAAP earnings-per-share growth of 23% (12% on a GAAP basis) and global payments volume expansion of 8%, according to the company's quarterly earnings materials published on the investor relations section of its website.
Cross-border volume, which tends to carry higher margin than domestic transactions, rose 12% on a constant-currency basis during the quarter.
PAYMENTS VOLUME
Payments volume grew 8% globally in the third fiscal quarter. The figure encompasses transactions processed across debit, credit, and prepaid products in markets where Visa maintains issuing and acceptance relationships with financial-institution partners. Visa's network spans more than 200 countries and territories.