Key Highlights

  • Visa reported fiscal fourth-quarter net revenue of $12.139 billion, up 13%, and raised its quarterly dividend 16% to $0.78.
  • PayPal raised its 2026 non-GAAP EPS outlook to about $5.60 from about $5.38 as diluted shares fell about 11% (calculated).
  • SoFi grew adjusted net revenue 44% to $1.371 billion and introduced 2027 adjusted net revenue of about $6.4 billion.
  • TransUnion raised 2026 adjusted EPS guidance to $4.81 to $4.88 and added $1 billion to its buyback authorization.
  • S&P Global lifted 2026 adjusted EPS guidance to $17.70 to $17.95 while starting a review of Capital IQ.

Which Payments, Fintech and Data Companies Reported Earnings on October 27?

Six companies that touch payments, lending and financial data reported on Tuesday, October 27. Visa (NYSE:V) reported fiscal fourth-quarter net revenue of $12.139 billion, up 13%, and non-GAAP EPS of $3.48. PayPal (NASDAQ:PYPL) posted non-GAAP EPS of $1.45 and raised its 2026 outlook to about $5.60. SoFi Technologies (NASDAQ:SOFI) grew adjusted net revenue 44% to $1.371 billion. Robinhood Markets (NASDAQ:HOOD) reported record revenue of $1.42 billion, TransUnion (NYSE:TRU) revenue of $1,312.5 million, and S&P Global (NYSE:SPGI) adjusted EPS of $4.58.

Four of the six raised or introduced guidance, and five discussed buybacks. The sections below condense each report, and the comparison section calculates growth gaps and guidance changes.

Visa: Did a 13% Revenue Rise and Bigger Dividend Hide a Heavier Incentive Bill?

Visa reported net revenue of $12.139 billion, in line with estimates near $12.1 billion, and non-GAAP EPS of $3.48 against about $3.43. GAAP EPS was $3.19. Payments volume rose 9% in constant dollars, cross-border volume excluding intra-Europe rose 14%, and client incentives grew 21% to $5.123 billion. The release included no fiscal 2027 outlook.

The board lifted the quarterly dividend 16% to $0.78, payable December 1 to holders of record on November 10, and the company repurchased $4.0 billion of stock in the quarter with $24.4 billion of authorization remaining. A $2.4 billion cash purchase of BioCatch is expected to close by the end of fiscal second quarter 2027.

PayPal: Did the Raised Outlook Come From Growth or From Buybacks?

PayPal reported non-GAAP EPS of $1.45, up 8%, against an estimate of $1.31 as screened, on revenue of $8.6 billion, up 2%. Weighted diluted shares fell to 858 million from 960 million, a calculated decline of about 11%, larger than the EPS gain, so buybacks more than account for it.

Total payment volume rose 6% to $487.1 billion, and transaction margin dollars rose 2% to $4.0 billion. GAAP restructuring expense was $255 million, and fourth-quarter non-GAAP EPS is guided to about $1.43. The company repurchased $1.5 billion of stock in the quarter and declared a $0.14 dividend payable December 24.

SoFi Technologies: What Is Behind the 44% Revenue Jump and the $6.4 Billion 2027 Target?

SoFi reported adjusted net revenue of $1.371 billion, up 44%, GAAP net income of $241.0 million and diluted EPS of $0.18 against $0.17 as screened. Lending revenue rose 66% to $821.3 million on record originations of $16.9 billion. Technology Platform revenue fell 24% to $87.4 million.

The company now expects 2026 adjusted net revenue of about $5.04 billion and introduced 2027 adjusted net revenue of about $6.4 billion. Its estimated common equity tier 1 ratio was 16.9%, down from 20.0% a year earlier, and subtracting nine-month actuals implies fourth-quarter adjusted net revenue of about $1.38 billion (calculated).

Robinhood Markets: Did Record Revenue Outweigh Weaker Profit?

Robinhood reported record revenue of $1.42 billion, up 12%, and diluted EPS of $0.51 against a $0.55 estimate as screened. Event contracts contributed $173 million while cryptocurrency revenue fell 55% to $120 million, and net income was $476 million, down 14%.

Net deposits were $15.7 billion and Gold subscribers rose 34% to 5.2 million. Operating expenses rose 16% to $739 million, and management cut the top of its 2026 adjusted expense outlook by $25 million. October net deposits were already above $13 billion.

TransUnion: Why Was the EPS Outlook Raised While Revenue Guidance Held?

TransUnion reported revenue of $1,312.5 million, up 12.2%, and adjusted EPS of $1.25 against $1.10 a year earlier and an estimate of $1.21 as screened. The 2026 adjusted EPS outlook rose to $4.81 to $4.88 from $4.75 to $4.83, while revenue guidance of $5,131 million to $5,162 million was kept. International revenue rose 30.4% to $339.0 million.

Management expects mortgage inquiries to fall more than 20% in the fourth quarter. The board added $1 billion to the repurchase authorization on October 26 and lifted the quarterly dividend to $0.135 from $0.125, payable November 25 to holders of record on November 10.

S&P Global: Why Did Guidance Rise as a Capital IQ Review Began?

S&P Global reported adjusted EPS of $4.58, up 9%, against $4.42 as screened, on revenue of $3.678 billion, up 7%. Indices revenue rose 20% to $554 million, and Ratings revenue rose 2% to $1.271 billion.

The 2026 adjusted EPS outlook rose to $17.70 to $17.95 from $17.50 to $17.75. Management also announced a strategic review of Capital IQ and associated data businesses, including a potential separation, with no timeframe given. Buybacks were $2.6 billion in the quarter.

Payments and Fintech Earnings Compared: How Do Growth, Guidance and Dividends Stack Up?

SoFi's 44% revenue growth is 42 percentage points above PayPal's 2% and 31 points above Visa's 13% (calculated). TransUnion's 12.2% and Robinhood's 12% sit just below Visa, and S&P Global's 7% is in the middle of the group.

PayPal's about $5.60 outlook is $0.22, or about 4.1%, above the prior about $5.38 (calculated). TransUnion's guidance midpoint rose to $4.845 from $4.79, about 1.1%, and S&P Global's to $17.825 from $17.625, also about 1.1% (both calculated). Visa's $0.78 quarterly dividend is about 5.6 times PayPal's $0.14 (calculated).

What to Watch Next: Visa's 2027 Commentary, SoFi's Implied Quarter and the Capital IQ Review

Visa's dividend has a November 10 record date and pays December 1, and its fiscal 2027 commentary is due in its annual filing, with BioCatch approval pending. TransUnion's dividend has the same November 10 record date and pays November 25, and investors will watch mortgage volumes against its fourth-quarter guidance. PayPal's dividend pays December 24 to holders of record on December 4. SoFi's fourth-quarter report will test the implied $1.38 billion of revenue, Robinhood's will show whether October deposits carry through, and S&P Global has not set a timeframe for the Capital IQ review.