Visa Inc.
V- Exchange
- NYSE
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0001403161
In the last 90 days, Visa Inc. insiders filed 0 open-market purchases and 11 sales; 4,612 institutions reported holding it in 13F filings for Q2 2026, worth $512.1B in total; 17 superinvestors hold it, including TCI Fund Management and Viking Global Investors.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:48 PM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2026 | Oct 28, 2025 | Oct 29, 2024 | Oct 24, 2023 | Oct 25, 2022 |
| Revenue | $45.9B | $40.0B | $35.9B | $32.7B | $29.3B |
| Selling, general and administrative | $2.30B | $1.93B | $1.60B | $1.33B | $1.19B |
| Operating income | $28.1B | $24.0B | $23.6B | $21.0B | $18.8B |
| Income tax | $4.59B | $4.14B | $4.17B | $3.76B | $3.18B |
| Net income | $23.5B | $20.1B | $19.7B | $17.3B | $15.0B |
| Margins and growth | |||||
| Operating margin | 61.2% | 60.0% | 65.7% | 64.3% | 64.2% |
| Net margin | 51.2% | 50.1% | 55.0% | 52.9% | 51.0% |
| Revenue growth, year over year | +14.8% | +11.3% | +10.0% | +11.4% | +21.6% |
| Net income growth, year over year | +17.2% | +1.6% | +14.3% | +15.5% | +21.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2026 | Oct 28, 2025 | Oct 29, 2024 | Oct 24, 2023 | Oct 25, 2022 |
| Cash and equivalents | $12.9B | $17.2B | $12.0B | $16.3B | $15.7B |
| Accounts receivable | $3.75B | $3.13B | $2.56B | $2.29B | $2.02B |
| Total current assets | $30.5B | $37.8B | $34.0B | $33.5B | $30.2B |
| Property, plant and equipment | $5.07B | $4.24B | $3.82B | $3.42B | $3.22B |
| Goodwill | $20.8B | $19.9B | $18.9B | $18.0B | $17.8B |
| Intangible assets | $27.4B | $27.6B | $26.9B | $26.1B | $25.1B |
| Total assets | $94.4B | $99.6B | $94.5B | $90.5B | $85.5B |
| Accounts payable | $606.0M | $555.0M | $479.0M | $375.0M | $340.0M |
| Short-term debt | $2.72B | $5.57B | $0 | $0 | $2.25B |
| Total current liabilities | $31.6B | $35.0B | $26.5B | $23.1B | $20.9B |
| Long-term debt | $19.4B | $19.6B | $20.8B | $20.5B | $20.2B |
| Total liabilities | $58.2B | $61.7B | $55.4B | $51.8B | $49.9B |
| Shareholders' equity | $36.1B | $37.9B | $39.1B | $38.7B | $35.6B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 27, 2026 | Oct 28, 2025 | Oct 29, 2024 | Oct 24, 2023 | Oct 25, 2022 |
| Operating cash flow | $23.7B | $23.1B | $19.9B | $20.8B | $18.8B |
| Capital expenditures | $1.67B | $1.48B | $1.26B | $1.06B | $970.0M |
| Free cash flow | $22.1B | $21.6B | $18.7B | $19.7B | $17.9B |
| Depreciation and amortization | $1.40B | $1.22B | $1.03B | $943.0M | $861.0M |
| Stock-based compensation | $928.0M | $897.0M | $850.0M | $765.0M | $602.0M |
| Dividends paid | $5.11B | $4.63B | $4.22B | $3.75B | $3.20B |
| Share buybacks | $20.5B | $18.3B | $16.7B | $12.1B | $11.6B |
| Investing cash flow | -$994.0M | $708.0M | -$1.93B | -$2.01B | -$4.29B |
| Financing cash flow | -$28.2B | -$19.0B | -$20.6B | -$17.8B | -$12.7B |
| Net change in cash | -$5.87B | $5.22B | -$2.23B | $1.61B | $578.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.0% | 2.2% | 2.4% | 2.3% | 2.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.