---
schema_version: "secwatch.filing_event.v1"
accession: "0001403161-23-000010"
form_type: "8-K"
ticker: "V"
cik: "0001403161"
company_name: "VISA INC."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:04:36.013375+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Visa Q1 FY2023: GAAP EPS $1.99, non-GAAP $2.18; revenue $7.9B (+12%); CEO transition to McInerney Feb 1

## Summary
- Net revenues $7.9B, up 12% YoY (15% constant dollar); payments volume +7%, processed transactions +10%.
- GAAP net income $4.2B (EPS $1.99); non-GAAP net income $4.6B (EPS $2.18), up 17% and 21% respectively.
- Returned $4.0B to shareholders: $3.1B in buybacks (15.6M shares at avg $198.74) and quarterly dividend $0.45/share.
- CEO succession: Ryan McInerney becomes CEO Feb 1; Al F. Kelly Jr. becomes Executive Chairman.
- Recorded $341M litigation provision for interchange MDL case; $350M deposited into litigation escrow.

## SEC filing metadata
- accession: 0001403161-23-000010
- form_type: 8-K
- ticker: V
- cik: 0001403161
- company_name: VISA INC.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000010/0001403161-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000010/v-20230124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-23-000010
- JSON: https://secwatch.observer/filing/0001403161-23-000010.json
- Plain text: https://secwatch.observer/filing/0001403161-23-000010.txt

## Key facts
- Earnings Releases
  VISA INC. reported fiscal first quarter ended December 31, 2022 results: revenue $7.9B, net income $4.2B, EPS $1.99 per share.
  - Period: fiscal first quarter ended December 31, 2022
  - Revenue: $7.9B
  - Net income: $4.2B
  - EPS: $1.99 per share
  - Result: reported results
  source text: Visa Inc. Reports Fiscal First Quarter 2023 Results San Francisco, CA, January 26, 2023 – Visa Inc. (NYSE: V) • GAAP net income of $4.2B or $1.99 per share and non-GAAP net income of $4.6B or $2.18 per share • Net revenues of $7.9B, an increase of 12% and 15% on a constant-dollar basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000010/0001403161-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.