Slide 1: Visa Inc. Fiscal Third Quarter 2015 Financial Results
Visa Inc. Fiscal Third Quarter 2015 Financial Results July 23, 2015 Exhibit 99.2
Slide 2: Solid Fiscal Third Quarter Results
Fiscal Third Quarter 2015 Financial Results Solid Fiscal Third Quarter Results Solid operating revenues of $3.5 billion, up 12% over prior year Repurchased 15.5 million shares of class A common stock in the open market at an average price of $68.05 per share, using $1.1 billion of cash on hand Conti
Slide 3: Payments Volume – Quarter ended March
INTL 540 INTL 428 INTL 111 U.S. 628 U.S. 303 U.S. 325 Fiscal Third Quarter 2015 Financial Results Quarter ended March Payments Volume US$ in billions, nominal, except percentages INTL 115 U.S. U.S. U.S. 1,108 1,168 INTL = International Total Visa Inc. Credit Debit INTL = International YOY Change (co
Slide 4: Payments Volume – Quarter ended June
INTL 569 INTL 453 INTL 117 U.S. 683 U.S. 339 U.S. 344 Fiscal Third Quarter 2015 Financial Results Quarter ended June Payments Volume US$ in billions, nominal, except percentages YOY Change (constant) 11% 13% 7% YOY Change (nominal) 6% 3% 5% Note: Current quarter payments volume and other select metr
Slide 5: Transactions – Quarter ended June
38% Credit 62% Debit Fiscal Third Quarter 2015 Financial Results YOY Change 10% 8% Quarter ended June Transactions in millions, except percentages Note: Processed transactions represent transactions involving Visa, Visa Electron, Interlink and Plus cards processed on Visa’s networks. As a result of
Slide 6: Total Cards – Quarter ended March
Fiscal Third Quarter 2015 Financial Results Quarter ended March Total Cards in millions, except percentages 2,253 1,437 2,420 1,556 Visa Inc. Credit Debit Note: The data presented is based on results reported quarterly by Visa clients on their operating certificates. Estimates may be utilized if dat
Slide 7: Revenue – Q3 2015
Fiscal Third Quarter 2015 Financial Results YOY Change 5% 12% 10% Revenue – Q3 2015 US$ in millions, except percentages Note: Figures may not recalculate exactly due to rounding. Percentages are calculated based on unrounded numbers. Fiscal 2015 % of Gross Revenues 16% 84% 3,793 (638) 3,155 4,188 (6
Slide 8: Revenue Detail – Q3 2015
Fiscal Third Quarter 2015 Financial Results Revenue Detail – Q3 2015 US$ in millions, except percentages Note: Figures may not recalculate exactly due to rounding. Percentage changes are calculated based on unrounded numbers. 1,417 1,321 1,550 1,400 1,039 Service Revenues Data Processing Revenues In
Slide 9: Operating Margin – Q3 2015
Fiscal Third Quarter 2015 Financial Results Operating Margin – Q3 2015 US$ in millions, except percentages Note: Operating margin is calculated as operating income divided by net operating revenues. Figures may not recalculate exactly due to rounding. Percentages are calculated based on unrounded nu
Slide 10: Operating Expenses – Q3 2015
Fiscal Third Quarter 2015 Financial Results Operating Expenses – Q3 2015 US$ in millions, except percentages Note: Figures may not recalculate exactly due to rounding. Percentage changes are calculated based on unrounded numbers. Personnel Marketing Network & Processing Professional Fees Depreciatio
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Slide 12: Appendix
Appendix * * * *
Slide 13: Reconciliation of Non-GAAP Financial Results
Fiscal Third Quarter 2015 Financial Results Reconciliation of Non-GAAP Financial Results US$ in millions, except per share data A-1 2015 2014 2015 2014 2015 2014 2015 2014 As reported 1,697 $ 1,360 $ 0.69 $ 0.54 $ 4,816 $ 4,365 $ 1.96 $ 1.72 $ Revaluation of Visa Europe put option — 0.04 — — 0.04 —
Slide 14: Calculation of Free Cash Flow
Fiscal Third Quarter 2015 Financial Results Calculation of Free Cash Flow US$ in millions A-2 (1) Includes changes in client incentives, trade receivable/payable, settlement receivable/payable and personnel incentives. Additions (+) / Reductions (-) to Net Income Net income (as reported) 1,697 4,816