---
schema_version: "secwatch.filing_event.v1"
accession: "0001403161-23-000069"
form_type: "8-K"
ticker: "V"
cik: "0001403161"
company_name: "VISA INC."
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T02:59:39.960363+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Visa Q3 fiscal 2023: GAAP EPS $2.00, revenue $8.1B (+12%), cross-border volume +22%

## Summary
- GAAP net income $4.2B ($2.00 EPS) +22%; non-GAAP net income $4.5B ($2.16 EPS) +7%.
- Net revenues $8.1B (+12%); payments volume +9%, cross-border ex-Europe +22%, processed transactions +10%.
- Recorded $456M litigation provision for interchange MDL case, reducing GAAP net income.
- Signed $1B cash acquisition of Pismo, cloud-native issuer processor; expected close by end of 2023.
- Quarterly dividend declared at $0.45 per share; Chris Suh appointed CFO effective Aug 1, 2023.

## SEC filing metadata
- accession: 0001403161-23-000069
- form_type: 8-K
- ticker: V
- cik: 0001403161
- company_name: VISA INC.
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000069/0001403161-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000069/v-20230725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403161-23-000069
- JSON: https://secwatch.observer/filing/0001403161-23-000069.json
- Plain text: https://secwatch.observer/filing/0001403161-23-000069.txt

## Key facts
- Earnings Releases
  VISA INC. reported third quarter ended June 30, 2023 results: revenue $8.1 billion, net income $4.2 billion, EPS $2.00 per share.
  - Period: third quarter ended June 30, 2023
  - Revenue: $8.1 billion
  - Net income: $4.2 billion
  - EPS: $2.00 per share
  - Result: reported results
  source text: was approxima tely 11% on a constant-dollar basis. All references to earnings per share assume fully-diluted class A share count. Net revenues in the fiscal third quarter were $8.1 billion, an increase of 12%, driven by the year-over-year growth in payments volume, cross-border volume and processed transactions. Net revenues increased 13% on a constant-dollar
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403161/000140316123000069/0001403161-23-000069-index.htm

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