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.

Income statement · 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 revenue	40,000	35,926	32,653	29,310	24,105	21,846	22,977	20,609	18,358	15,082
Cost of revenue	894	778	736	743	730	727	721	686	620	538
Gross profit	39,106	35,148	31,917	28,567	23,375	21,119	22,256	19,923	17,738	14,544
Selling, general and administrative	11,078	10,118	9,047	8,025	6,612	6,227	6,162	5,706	4,820	4,018
Operating income	26,808	23,996	21,927	19,681	15,807	14,125	15,438	13,604	12,362	10,024
EBIT	26,808	23,996	21,927	19,681	15,807	14,125	15,438	13,604	12,362	10,024
EBITDA	28,028	25,030	22,870	20,542	16,611	14,892	16,094	14,217	12,633	10,267
Interest expense	589	641	644	538	513	516	533	612	563	427
Pre-tax income	24,194	23,916	21,037	18,136	16,063	13,790	14,884	12,806	11,694	8,012
Income tax	4,136	4,173	3,764	3,179	3,752	2,924	2,804	2,505	4,995	2,021
Net income	20,058	19,743	17,273	14,957	12,311	10,866	12,080	10,301	6,699	5,991
Net income to common shareholders	19,853	19,457	16,989	14,630	12,008	10,475	11,650	9,942	6,467	5,929
Basic EPS	10.23	9.78	8.33	7.56	5.66	4.91	5.33	4.44	2.81	2.49
Diluted EPS	10.20	9.73	8.28	7.00	5.63	4.89	5.32	4.42	2.80	2.48
Average shares (basic)	1,940	1,990	2,039	1,936	2,121	2,134	2,188	2,238	2,299	2,381
Average shares (diluted)	1,966	2,029	2,085	2,136	2,188	2,223	2,272	2,329	2,395	2,414
Dividend per share	2.44	2.15	1.87	1.58	1.34	1.22	1.05	0.88	0.69	0.59