V · Visa Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.23B | $10.90B | $10.17B | $9.59B | $9.51B | $8.90B | $8.78B | $8.63B | $8.12B | $7.99B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $450.00M | $515.00M | $482.00M | $419.00M | $481.00M | $382.00M | $452.00M | $340.00M | $314.00M | $282.00M |
| Total Operating Expenses | $4.00B | $4.16B | $4.00B | $4.16B | $3.28B | $2.96B | $3.42B | $2.68B | $3.10B | $2.65B |
| D&A | $333.00M | $326.00M | $317.00M | $305.00M | $282.00M | $264.00M | $249.00M | $247.00M | $235.00M | $234.00M |
| Operating Income | $7.23B | $6.74B | $6.18B | $5.43B | $6.23B | $5.94B | $5.35B | $5.95B | $5.02B | $5.34B |
| Interest Expense | $178.00M | $194.00M | $39.00M | $82.00M | $182.00M | $196.00M | - | - | - | - |
| Income Tax | $1.15B | $873.00M | $1.06B | $861.00M | $1.08B | $1.12B | $850.00M | $1.15B | $990.00M | $1.02B |
| Net Income | $6.02B | $5.85B | $5.27B | $4.58B | $5.12B | $4.87B | $4.66B | $4.89B | $4.16B | $4.26B |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.40B | $14.76B | $17.16B | $11.73B | $12.37B | $11.97B | $12.99B | $13.59B | $16.29B | $13.84B |
| Accounts Receivable | $3.40B | $3.23B | $3.13B | $2.72B | $2.59B | $2.56B | $2.27B | $2.51B | $2.29B | $2.12B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $557.00M | $433.00M | $555.00M | $421.00M | $405.00M | $479.00M | $338.00M | $348.00M | $375.00M | $280.00M |
| Current Assets | $31.63B | $35.00B | $37.77B | $32.93B | $32.62B | $34.03B | $32.77B | $32.73B | $33.53B | $28.66B |
| Total Assets | $95.05B | $96.81B | $99.63B | $92.85B | $91.89B | $94.51B | $92.40B | $91.41B | $90.50B | $86.75B |
| Current Liabilities | $29.08B | $31.49B | $35.05B | $30.38B | $29.09B | $26.52B | $23.44B | $22.63B | $23.10B | $19.10B |
| Long-term Debt | $22.42B | $19.59B | $19.60B | $16.81B | $16.68B | $20.84B | $20.60B | $20.70B | $20.46B | $20.61B |
| Total Liabilities | $59.39B | $58.04B | $61.72B | $54.82B | $53.59B | $55.37B | $51.91B | $51.68B | $51.77B | $48.19B |
| Stockholders' Equity | $35.66B | $38.78B | $37.91B | $38.03B | $38.30B | $39.14B | $40.48B | $39.73B | $38.73B | $38.56B |
| Retained Earnings | $13.12B | $16.02B | $15.11B | $16.52B | $17.44B | $17.29B | $19.35B | $18.42B | $18.04B | $17.61B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $6.78B | - | - | $5.40B | - | - | $3.61B | - | - |
| Investing Cash Flow | - | $361.00M | - | - | $790.00M | - | - | ($1.89B) | - | - |
| Financing Cash Flow | - | ($8.99B) | - | - | ($5.47B) | - | - | ($4.38B) | - | - |
| CapEx | - | $378.00M | - | - | $345.00M | - | - | $267.00M | - | - |
| Free Cash Flow | - | $6.40B | - | - | $5.05B | - | - | $3.35B | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 64.4% | 61.8% | 60.7% | 56.6% | 65.6% | 66.7% | 61.0% | 69.0% | 61.8% | 66.8% |
| EBITDA margin | 67.4% | 64.8% | 63.8% | 59.8% | 68.5% | 69.7% | 63.9% | 71.8% | 64.7% | 69.8% |
| Net margin | 53.6% | 53.7% | 51.8% | 47.7% | 53.8% | 54.7% | 53.1% | 56.6% | 51.2% | 53.3% |
| Free cash flow margin | - | 58.7% | - | - | 53.1% | - | - | 38.8% | - | - |
| FCF / Net income | - | 1.09 | - | - | 0.99 | - | - | 0.68 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.0% | 4.7% | 4.7% | 4.4% | 5.1% | 4.3% | 5.2% | 3.9% | 3.9% | 3.5% |
| Effective tax rate | 16.1% | 13.0% | 16.8% | 15.8% | 17.4% | 18.7% | 15.4% | 19.1% | 19.2% | 19.3% |
| Return on assets | 6.3% | 6.0% | 5.3% | 4.9% | 5.6% | 5.2% | 5.0% | 5.3% | 4.6% | 4.9% |
| Return on equity | 16.9% | 15.1% | 13.9% | 12.0% | 13.4% | 12.4% | 11.5% | 12.3% | 10.7% | 11.0% |
| Return on invested capital | 10.5% | 10.0% | 8.9% | 8.3% | 9.4% | 8.1% | 7.4% | 8.0% | 6.9% | 7.3% |
| Liquidity | ||||||||||
| Current ratio | 1.09 | 1.11 | 1.08 | 1.08 | 1.12 | 1.28 | 1.40 | 1.45 | 1.45 | 1.50 |
| Quick ratio | 1.09 | 1.11 | 1.08 | 1.08 | 1.12 | 1.28 | 1.40 | 1.45 | 1.45 | 1.50 |
| Cash ratio | 0.43 | 0.47 | 0.49 | 0.39 | 0.43 | 0.45 | 0.55 | 0.60 | 0.71 | 0.72 |
| Leverage | ||||||||||
| Debt / Equity | 0.63 | 0.51 | 0.52 | 0.44 | 0.44 | 0.53 | 0.51 | 0.52 | 0.53 | 0.53 |
| Debt / Assets | 0.24 | 0.20 | 0.20 | 0.18 | 0.18 | 0.22 | 0.22 | 0.23 | 0.23 | 0.24 |
| Debt / EBITDA | 2.96 | 2.77 | 3.02 | 2.93 | 2.56 | 3.36 | 3.68 | 3.34 | 3.89 | 3.70 |
| Interest coverage | 40.6x | 34.7x | 158.4x | 66.3x | 34.3x | 30.3x | - | - | - | - |
| Equity multiplier | 2.67 | 2.50 | 2.63 | 2.44 | 2.40 | 2.41 | 2.28 | 2.30 | 2.34 | 2.25 |
| Liabilities / Assets | 0.62 | 0.60 | 0.62 | 0.59 | 0.58 | 0.59 | 0.56 | 0.57 | 0.57 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | 0.11 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 111d | 108d | 112d | 103d | 99d | 105d | 95d | 106d | 103d | 97d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.1% | 14.6% | 14.3% | 9.3% | 10.1% | 9.6% | 9.9% | 8.8% | 11.7% | 11.1% |
| Revenue CAGR (3y) | 12.0% | 11.2% | 11.8% | 10.1% | 10.4% | 13.2% | 15.3% | 14.9% | 11.6% | 10.9% |
| Revenue CAGR (5y) | 14.4% | 13.9% | 11.7% | 10.4% | 9.5% | 8.8% | 9.8% | 9.4% | 9.2% | 9.5% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 33.1% | 8.1% | 4.0% | 1.5% | 4.7% | 18.2% | 0.3% | 17.0% | 21.1% | 11.1% |
| Net income growth (YoY) | 31.5% | 14.3% | 8.2% | -1.8% | 4.7% | 17.2% | 9.5% | 17.0% | 21.8% | 16.7% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 26.7% | - | - | 50.9% | - | - | -14.7% | - | - |
| FCF CAGR (5y) | - | 13.8% | - | - | 6.5% | - | - | 1.3% | - | - |
| Book value growth (YoY) | -6.2% | 1.3% | -3.1% | -6.1% | -3.6% | 1.0% | 5.0% | 7.6% | 8.9% | 7.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Product / service
$50.90B totalData Processing Revenues$19.99B · 39.3%
Service$17.54B · 34.5%
International Transaction Revenues$14.17B · 27.8%
Value Added Services$10.90B · 21.4%
Service Other$4.05B · 8.0%
Client Incentives($15.75B) · -30.9%
Geographic
$40.00B totalNon Us$24.37B · 60.9%
US$15.63B · 39.1%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing VISA INC. against the 5 most active filers in the same SIC group.
Dividends
$2.60/share trailing 12 months · +13.5% YoY
| Ex-date | Per share |
|---|---|
| May 12, 2026 | $0.6700 |
| Feb 10, 2026 | $0.6700 |
| Nov 12, 2025 | $0.6700 |
| Aug 12, 2025 | $0.5900 |
| May 13, 2025 | $0.5900 |
| Feb 11, 2025 | $0.5900 |
| Nov 12, 2024 | $0.5900 |
| Aug 9, 2024 | $0.5200 |
| May 16, 2024 | $0.5200 |
| Feb 8, 2024 | $0.5200 |
| Nov 8, 2023 | $0.5200 |
| Aug 10, 2023 | $0.4500 |
| May 11, 2023 | $0.4500 |
| Feb 9, 2023 | $0.4500 |
| Nov 9, 2022 | $0.4500 |
| Aug 11, 2022 | $0.3750 |
| May 12, 2022 | $0.3750 |
| Feb 10, 2022 | $0.3750 |
| Nov 10, 2021 | $0.3750 |
| Aug 12, 2021 | $0.3200 |
| May 13, 2021 | $0.3200 |
| Feb 11, 2021 | $0.3200 |
| Nov 12, 2020 | $0.3200 |
| Aug 13, 2020 | $0.3000 |