V Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-03-31), V reported revenue of $11.2B, gross profit of $11.2B (100.0% gross margin), operating income of $7.2B, and net income of $6.0B (53.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
V was profitable; revenue grew 17.1% year over year, and EPS beat consensus by $0.22.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +17.1% | +31.5% | Not available |
| Quarter over quarter | +3.0% | +2.9% | Not available |
EPS was $3.31 versus $3.09 expected.
V Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $11.2B | 100% |
| Cost of Revenue | — | 0.0% |
| Gross Profit | $11.2B | 100.0% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$995M | 8.9% |
| Other Operating Expenses | −$3.0B | 26.7% |
| Operating Income | $7.2B | 64.4% |
| Interest Expense | −$178M | 1.6% |
| Other Income, net | $118M | 1.1% |
| Income Tax Expense | −$1.2B | 10.3% |
| Net Income | $6.0B | 53.6% |
Source: original SEC filing (filed 2026-04-28). Accession 0001403161-26-000077. Data normalized by EarningsFyi.