Visa, Inc. ( V ) reported its first-quarter financial results after Thursday's closing bell. Here's a look at the details from the report. 

The Details: Visa reported quarterly earnings of $2.75 per share, which beat the analyst consensus estimate of $2.66. Quarterly revenue came in at $9.51 billion, which beat the analyst consensus estimate of $9.34 billion and is an increase over sales of $8.63 billion from the same period last year.

Payments volume increased 9% over the prior year on a constant-dollar basis.

Cross-border volume excluding transactions within Europe increased by 16% on a constant-dollar basis.

Total cross-border volume on a constant dollar basis increased by 16% in the quarter.

Total processed transactions, which represent transactions processed by Visa, were 63.8 billion, an 11% increase over the prior year.

Fiscal first quarter service revenue was $4.2 billion, an increase of 8% over the prior year.

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“Visa’s strong first-quarter results reflected healthy spending during the holiday season and improving trends in payments volume, cross-border volume, and processed transactions growth. We delivered 10% net revenue growth, 8% GAAP EPS growth and 14% non-GAAP EPS growth. As we continue through 2025, we remain focused on serving our clients and innovating across our three growth levers — consumer payments, new flows and value-added services,” said Ryan McInerney, CEO of Visa.

V Price Action: According to data from Benzinga Pro, Visa shares are up 2.13% after-hours at $346 Thursday.  

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