Visa Q2 revenue reaches $11.2 billion, up 17% YoY; stablecoin settlement pilot annualized scale hits $7 billion

Odaily Odaily reported that Visa released its Q2 results for fiscal year 2026, with net revenue of $11.2 billion, a 17% YoY increase; GAAP net income of $6.0 billion, up 32% YoY; and earnings per share of $3.14, up 36% YoY, all exceeding market expectations.

In April of this year, the company's board approved a new multi-year share repurchase program totaling $20 billion.

In terms of stablecoin business, Visa disclosed that the annualized scale of its stablecoin settlement pilot has reached $7 billion, a 50% increase from the previous quarter. It currently covers 9 blockchain networks, including Polygon and Base, and operates over 130 stablecoin-linked card programs in more than 50 countries.

In March of this year, Visa partnered with Bridge, a stablecoin infrastructure company under Stripe, to expand its stablecoin-linked card services to over 100 countries. Earlier reports indicated that Visa, Mastercard, and Stripe are exploring the joint construction of a stablecoin infrastructure platform to promote the application of stablecoins in the global commercial system.