Visa

V · NYSE · USD

$360.66+0.23%+$0.81

Close · October 2, 2026

At a glance

Revenue growth: +11.34%; FY to Sep 2025 vs FY to Sep 2024
Net income growth: +1.60%; FY to Sep 2025 vs FY to Sep 2024
Net margin: 50.1%; FY to Sep 2024: 55.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	FY to Sep 2025	FY to Sep 2024	FY to Sep 2023	FY to Sep 2022	FY to Sep 2021	FY to Sep 2020	FY to Sep 2019	FY to Sep 2018	FY to Sep 2017	FY to Sep 2016
Total assets	99,627	94,511	90,499	85,501	82,896	80,919	72,574	69,225	67,977	64,035
Current assets	37,766	34,033	33,532	30,205	27,607	27,645	20,970	18,216	19,023	14,313
Cash and equivalents	17,164	11,975	16,286	15,689	16,487	16,289	7,838	8,162	9,874	5,619
Short-term investments	1,833	3,200	3,842	2,833	2,025	3,752	4,236	3,547	3,482	3,248
Receivables	7,549	7,847	4,680	4,142	3,809	2,975	4,720	2,790	2,554	2,508
Net property, plant and equipment	2,591	2,537	2,116	2,112	2,110	2,022	1,554	1,456	1,420	1,272
Goodwill	19,879	18,941	17,997	17,787	15,958	15,910	15,656	15,194	15,110	15,066
Other intangible assets	30,245	29,049	27,901	26,656	28,784	29,031	27,921	28,574	28,681	28,112
Long-term investments	999	2,545	1,921	2,136	1,843	479	2,157	4,082	2,020	3,977
Current liabilities	35,048	26,517	23,098	20,853	15,739	14,510	13,415	11,305	9,994	8,046
Accounts payable	555	479	375	340	266	174	156	183	179	203
Long-term debt	19,602	20,836	20,777	20,522	19,978	21,071	16,729	16,630	16,618	15,882
Total debt	26,084	21,671	21,295	23,292	21,551	24,640	16,729	16,630	18,367	15,882
Total liabilities	61,718	55,374	51,766	49,920	45,307	44,709	37,890	35,219	35,217	31,123
Total equity (incl. minority)	37,909	39,137	38,733	35,581	37,589	36,210	34,684	34,006	32,760	32,912
Retained earnings	15,106	17,289	18,040	16,116	15,351	14,088	13,502	11,318	9,508	10,462