VISA Inc. (V) Financial Statements
Historical financial data — 43 statements covering FY2016–FY2025
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 curr...
VISA Inc.'s revenue increased 11.3% year over year, from $35.93B to $40.00B.
Net income increased 1.6% over the same period, from $19.74B to $20.06B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 165% in total.
Total debt decreased by 5.9% to $19.60B.
The debt-to-equity ratio stands at 0.52, indicating a moderate leverage profile.
Operating cash flow grew 15.6% to $23.06B.
VISA Inc. maintains a strong net profit margin of 50.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2024 | $9.62B+8.1% | $5.32B | $6.35B | $6.35B | $6.66B | $94.51B | $20.84B | $39.14B |
| Q1 FY2025 | $9.51B-1.1% | $5.12B | $6.23B | $6.23B | $5.40B | $91.89B | $16.68B | $38.30B |
| Q2 FY2025 | $9.59B+0.9% | $4.58B | $5.43B | $5.43B | $4.70B | $92.85B | $16.81B | $38.03B |
| Q3 FY2025 | $10.17B+6.0% | $5.27B | $6.18B | $6.18B | $6.73B | $100.02B | $19.59B | $38.66B |
| Q4 FY2025 | $10.72B+5.4% | $5.09B | $6.15B | $6.15B | $6.24B | $99.63B | $19.60B | $37.91B |
| Q1 FY2026 | $10.90B+1.7% | $5.85B | $6.74B | $6.74B | $6.78B | $96.81B | $19.59B | $38.78B |
| Q2 FY2026 | $11.23B+3.0% | $6.02B | $7.23B | $7.23B | $3.01B | $95.05B | $23.98B | $35.66B |
| Q3 FY2026 | $11.63B+3.6% | $5.63B | $6.88B | $6.88B | $6.55B | $94.59B | $23.86B | $35.18B |
Balance Sheet Summary (Q3 FY2026)
VISA Inc. (V) Financial Statements & Revenue History
VISA Inc. (V) is a US-listed stock operating in the Financial Services sector, specifically the Credit Services industry trading at $401.90 with a market capitalization of $755. This page provides 43 historical financial statements for VISA Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, VISA Inc. reported revenue of $40.0 billion, representing 11.3% year-over-year growth. The net profit margin of 50.1% reflects strong profitability. The debt-to-equity ratio of 0.52 reflects moderate leverage.
V Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows VISA Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether V is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track V's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently VISA Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of V's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use V Financial Data
Investors use VISA Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare V's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how V's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View V's financial health score, earnings, and pre-market pricing.
Financial data is sourced from VISA Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.V trades on NYSE. This page is for informational purposes only and is not financial advice.