V Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2026-06-30), V reported revenue of $11.6B, gross profit of $11.6B (100.0% gross margin), operating income of $6.9B, and net income of $5.6B (48.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
V was profitable; revenue grew 3.6% quarter over quarter, and revenue beat consensus by 2.0%.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +3.6% | −6.5% | −5.2 pp |
Consensus revenue estimate was $11.4B; reported revenue was +2.0% versus consensus. EPS was $0.00 versus $3.22 expected.
V Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $11.6B | 100% |
| Cost of Revenue | — | 0.0% |
| Gross Profit | $11.6B | 100.0% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$4.8B | 40.9% |
| Operating Income | $6.9B | 59.1% |
| Interest Expense | −$194M | 1.7% |
| Other Income, net | $150M | 1.3% |
| Income Tax Expense | −$1.2B | 10.4% |
| Net Income | $5.6B | 48.4% |
Source: original SEC filing (filed 2026-07-28). Accession 0001403161-26-000103. Data normalized by EarningsFyi.