Visa and Mastercard Both Grew Revenue 14% — and That Tells You About the Whole Economy

Visa and Mastercard each posted 14% year-over-year revenue growth in their most recent quarters — Visa at $11.63 billion (fiscal Q3), Mastercard at $9.3 billion (fiscal Q2), per WSJ and Reuters. The matching pace, despite offset reporting calendars, points to broad-based consumer spending strength rather than share shifts between the two networks. Both hit record share prices January 13, 2026, per MarketWatch.