As of Q1'26 (2025-12-31), Visa's gross margin stands at 80.1%, operating margin at 61.8%, and net profit margin at 53.7%. These figures indicate that the company continues to maintain strong profitability across all key margin metrics at the latest data point. Reviewing the period from Q2'23 to Q1'26, Visa's margins have remained robust, with gross margin consistently above 80% and net profit margin generally above 50%. While there are minor fluctuations—such as a dip in operating and net margins in Q2'25—overall, the trend demonstrates stability with a slight upward bias in gross margin and resilience in operating performance. No significant long-term declines are observed, suggesting effective cost management and sustained profitability throughout the period.