Visa Inc. (V)

V Income Statement

Revenue, expenses, and profitability analysis

V Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	34.975B	9.129B	8.904B	8.743B	8.199B	7.713B	7.490B	7.800B	7.127B
Revenue	43.027B	11.230B	10.901B	10.724B	10.172B	9.594B	9.510B	9.617B	8.900B
Cost of Goods Sold	8.052B	2.101B	1.997B	1.981B	1.973B	1.881B	2.020B	1.817B	1.773B
Gross Profit Margin	81.3%	81.3%	81.7%	81.5%	80.6%	80.4%	78.8%	81.1%	80.1%
Total Operating Expenses	8.679B	1.895B	2.167B	2.595B	2.022B	2.278B	1.256B	1.451B	1.189B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.832B	1.233B	1.133B	1.376B	1.090B	973.000M	930.000M	1.167B	912.000M
Operating Income (EBIT)	26.296B	7.234B	6.737B	6.148B	6.177B	5.435B	6.234B	6.349B	5.938B
Operating Margin	64.4%	64.4%	61.8%	57.3%	60.7%	56.6%	65.6%	66.0%	66.7%
Income Before Tax (EBT)	26.456B	7.174B	6.726B	6.223B	6.333B	5.438B	6.200B	6.372B	5.989B
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	1.009B	566.000M	194.000M	210.000M	39.000M	158.000M	182.000M	176.000M	196.000M
Other Income/Expense	160.000M	-60.000M	-11.000M	75.000M	156.000M	3.000M	-34.000M	23.000M	51.000M
Net Income	22.236B	6.021B	5.853B	5.090B	5.272B	4.577B	5.119B	5.318B	4.872B
Income Tax Expense	4.220B	1.153B	873.000M	1.133B	1.061B	861.000M	1.081B	1.054B	1.117B
Net Profit Margin	53.6%	53.6%	53.7%	47.5%	51.8%	47.7%	53.8%	55.3%	54.7%
EBITDA	28.251B	7.567B	7.246B	6.749B	6.689B	5.901B	6.664B	6.822B	6.449B
EBITDA Margin	67.4%	67.4%	66.5%	62.9%	65.8%	61.5%	70.1%	70.9%	72.5%
Depreciation & Amortization	1.292B	333.000M	326.000M	316.000M	317.000M	305.000M	282.000M	274.000M	264.000M
EPS Basic	11.49	3.15	3.03	2.62	2.69	2.32	2.58	2.66	2.40
EPS Diluted	11.48	3.14	3.03	2.62	2.69	2.32	2.58	2.65	2.40
Shares Outstanding	1.913B	1.913B	1.913B	1.924B	1.937B	1.950B	1.985B	2.003B	2.029B
Diluted Shares Outstanding	1.933B	1.933B	1.933B	1.945B	1.959B	1.974B	1.985B	2.003B	2.029B

V Annual Income Statement (USD)

Annual Report	09/30/2025	09/30/2024	09/30/2023	09/30/2022	09/30/2021	09/30/2020	09/30/2019	09/30/2018
Gross Profit	32.145B	28.884B	26.086B	23.577B	19.135B	17.334B	18.812B	16.753B
Revenue	40.000B	35.926B	32.653B	29.310B	24.105B	21.846B	22.977B	20.609B
Cost of Goods Sold	7.855B	7.042B	6.567B	5.733B	4.970B	4.512B	4.165B	3.856B
Gross Profit Margin	80.4%	80.4%	79.9%	80.4%	79.4%	79.3%	81.9%	81.3%
Total Operating Expenses	8.151B	5.289B	5.086B	4.764B	3.331B	3.253B	3.811B	3.799B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	4.369B	3.793B	3.216B	3.035B	2.524B	2.475B	2.755B	2.579B
Operating Income (EBIT)	23.994B	23.595B	21.000B	18.813B	15.804B	14.081B	15.001B	12.954B
Operating Margin	60.0%	65.7%	64.3%	64.2%	65.6%	64.5%	65.3%	62.9%
Income Before Tax (EBT)	24.194B	23.916B	21.037B	18.136B	16.063B	13.790B	14.884B	12.806B
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	589.000M	641.000M	644.000M	538.000M	513.000M	516.000M	533.000M	612.000M
Other Income/Expense	200.000M	321.000M	37.000M	-677.000M	259.000M	-291.000M	-117.000M	-148.000M
Net Income	20.058B	19.743B	17.273B	14.957B	12.311B	10.866B	12.080B	10.301B
Income Tax Expense	4.136B	4.173B	3.764B	3.179B	3.752B	2.924B	2.804B	2.505B
Net Profit Margin	50.1%	55.0%	52.9%	51.0%	51.1%	49.7%	52.6%	50.0%
EBITDA	26.003B	25.591B	22.624B	19.535B	17.380B	15.073B	16.073B	14.031B
EBITDA Margin	65.0%	71.2%	69.3%	66.6%	72.1%	69.0%	70.0%	68.1%
Depreciation & Amortization	1.220B	1.034B	943.000M	861.000M	804.000M	767.000M	656.000M	613.000M
EPS Basic	10.22	9.74	8.29	7.01	5.63	4.90	5.32	4.43
EPS Diluted	10.20	9.73	8.28	7.00	5.63	4.89	5.32	4.42
Shares Outstanding	1.942B	1.997B	2.085B	2.136B	2.130B	2.140B	2.189B	2.239B
Diluted Shares Outstanding	1.966B	2.029B	2.085B	2.136B	2.188B	2.223B	2.272B	2.329B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Visa Inc.

Visa Inc. functions globally as a leading technology company dedicated to payments. Its primary role is to enable the secure and efficient digital transfer of funds among a wide array of participants, including individual consumers, retail businesses, banking institutions, corporations, strategic partners, and governmental bodies. At the heart of its operations is VisaNet, a highly sophisticated transaction processing network that handles the critical functions of authorizing, clearing, and settling all payment transactions. In addition to this core infrastructure, the company also provides a variety of card products, innovative digital platforms, and an extensive range of supplementary value-added services. These offerings are distributed under several widely recognized brands, including Visa, Visa Electron, Interlink, VPAY, and PLUS. Demonstrating its commitment to enhancing user experience, Visa Inc. has established a key strategic partnership with Ooredoo in Qatar, focused on improving payment solutions for Visa cardholders and Ooredoo customers within the country. The company was established in 1958 and its corporate headquarters are situated in San Francisco, California.

San Francisco, CA

28,800 employees

www.visa.com

Financial Services / Financial - Credit Services

Sector: Financial Services
Industry: Financial - Credit Services
CEO: Ryan McInerney

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