Visa reports $11.2B Q2 revenue, unveils $20B buyback as stablecoin pilot reaches $7B run rate

Visa reported fiscal 2026 second-quarter net revenue of $11.2 billion, up 17%, GAAP net income of $6 billion, up 32%, and earnings per share of $3.14, up 36%, with all three topping market expectations. The company also said its board approved a new multi-year $20 billion share buyback plan in April. Alongside those results, Visa said the annualized volume of its stablecoin settlement pilot reached $7 billion, up 50% from the previous quarter, underscoring how the payments group is pairing shareholder returns and core financial growth with continued expansion into blockchain-based settlement infrastructure. Stablecoins are increasingly watched in payments because they can support faster settlement and cross-border transfers, making Visa’s pilot a notable signal of rising activity in crypto-linked payment rails.

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