Visa

Card network operator and the largest listed fintech company by sales

Overview

Visa operates one of the two global card networks, routing debit, credit and prepaid transactions between issuing banks, merchants’ acquirers and cardholders. Forbes records sales of US$43.0bn and profit of US$22.0bn for Visa in the 2026 Global 2000, the highest of any company in this list.[2] Its market value of US$613.8bn was also the largest in the group when Forbes compiled its data.[2] Fortune’s 2026 Fortune 500 lists revenue of US$40.0bn for the fiscal year to September 2025, which ranks Visa 119th among US companies.[6]

Visa strengths and limitations

Strengths

  • Highest sales and profit of any company in the list
  • Network model earns fees without taking most of the credit risk

Limitations

  • Revenue depends on card-payment volumes that are exposed to consumer spending cycles
  • Interchange and network fees are subject to antitrust litigation and regulation in several markets

Appears in

Visa peers and competitors

Companies ranked in the same lists as Visa.

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