V
Visa Inc. Class A
NYSE: V · FINANCIAL SERVICES · CREDIT SERVICES
$329.84
-1.50% today
Updated 2026-04-29
Market cap
$636.99B
P/E ratio
29.14
P/S ratio
15.39x
EPS (TTM)
$11.49
Dividend yield
—
52W range
$294 – $373
Volume
7.3M
Visa Inc. Class A (V) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.95B | $3.59B | $6.26B | $6.91B | $8.06B | $9.19B | $10.42B | $11.78B | $12.70B | $13.88B | $15.08B | $18.36B | $20.61B | $22.98B | $21.85B | $24.11B | $29.31B | $32.65B | $35.93B | $40.00B |
| Revenue growth (YoY) | — | +21.8% | +74.5% | +10.3% | +16.7% | +13.9% | +13.4% | +13.0% | +7.8% | +9.3% | +8.7% | +21.7% | +12.3% | +11.5% | -4.9% | +10.3% | +21.6% | +11.4% | +10.0% | +11.3% |
| Cost of revenue | $998.69M | $1.09B | $1.54B | $1.62B | $1.65B | $1.82B | $2.14B | $2.40B | $2.38B | $2.55B | $2.76B | $3.25B | $3.86B | $4.17B | $4.51B | $4.97B | $5.73B | $6.57B | $7.04B | $7.86B |
| Gross profit | $1.95B | $2.50B | $4.72B | $5.29B | $6.42B | $7.37B | $8.28B | $9.38B | $10.32B | $11.33B | $12.32B | $15.11B | $16.75B | $18.81B | $17.33B | $19.14B | $23.58B | $26.09B | $28.88B | $32.15B |
| Gross margin | 66.1% | 69.7% | 75.4% | 76.5% | 79.6% | 80.2% | 79.5% | 79.6% | 81.2% | 81.6% | 81.7% | 82.3% | 81.3% | 81.9% | 79.3% | 79.4% | 80.4% | 79.9% | 80.4% | 80.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | $259.00M | $285.00M | — | — | — | — | — | — | — | — |
| SG&A | $722.95M | $717.97M | $770.00M | $606.00M | $645.00M | $751.00M | $836.00M | $863.00M | $835.00M | $883.00M | $1.19B | $1.47B | $1.59B | $1.65B | $1.50B | $1.39B | $1.70B | $1.88B | $2.23B | $2.69B |
| Operating income | $729.67M | $-1.45B | $1.23B | $3.54B | $4.59B | $5.46B | $2.14B | $7.24B | $7.70B | $9.06B | $7.88B | $12.14B | $12.95B | $15.00B | $14.08B | $15.80B | $18.81B | $21.00B | $23.59B | $23.99B |
| Operating margin | 24.8% | -40.4% | 19.7% | 51.2% | 56.9% | 59.4% | 20.5% | 61.5% | 60.6% | 65.3% | 52.3% | 66.2% | 62.9% | 65.3% | 64.5% | 65.6% | 64.2% | 64.3% | 65.7% | 60.0% |
| EBITDA | $966.36M | $-1.18B | $1.72B | $4.34B | $4.81B | $5.75B | $6.57B | $7.64B | $8.17B | $9.49B | $8.94B | $12.72B | $14.03B | $16.07B | $15.07B | $17.38B | $19.54B | $22.62B | $25.59B | $26.00B |
| EBITDA margin | 32.8% | -32.9% | 27.4% | 62.8% | 59.6% | 62.6% | 63.1% | 64.9% | 64.3% | 68.4% | 59.3% | 69.3% | 68.1% | 70.0% | 69.0% | 72.1% | 66.6% | 69.3% | 71.2% | 65.0% |
| EBIT | $811.36M | $-1.31B | $1.48B | $4.12B | $4.54B | $5.46B | $6.24B | $7.24B | $7.73B | $9.00B | $8.44B | $12.16B | $13.42B | $15.42B | $14.31B | $16.58B | $18.67B | $21.68B | $24.56B | $24.78B |
| Interest expense | $89.54M | $80.66M | $143.00M | $115.00M | $72.00M | $32.00M | $29.00M | $0.00 | $8.00M | $3.00M | $427.00M | $563.00M | $612.00M | $533.00M | $516.00M | $513.00M | $538.00M | $644.00M | $641.00M | $589.00M |
| Income tax | $251.34M | $-315.99M | $532.00M | $1.65B | $1.67B | $2.01B | $65.00M | $2.28B | $2.29B | $2.67B | $2.02B | $5.00B | $2.50B | $2.80B | $2.92B | $3.75B | $3.18B | $3.76B | $4.17B | $4.14B |
| Effective tax rate | 35.6% | 22.7% | 39.8% | 41.2% | 36.1% | 35.5% | 2.9% | 31.4% | 29.6% | 29.6% | 25.2% | 42.7% | 19.6% | 18.8% | 21.2% | 23.4% | 17.5% | 17.9% | 17.4% | 17.1% |
| Net income | $454.56M | $-1.08B | $804.00M | $2.35B | $2.97B | $3.65B | $2.14B | $4.98B | $5.44B | $6.33B | $5.99B | $6.70B | $10.30B | $12.08B | $10.87B | $12.31B | $14.96B | $17.27B | $19.74B | $20.06B |
| Net income growth (YoY) | — | -336.7% | +174.7% | +192.7% | +26.1% | +23.1% | -41.3% | +132.3% | +9.2% | +16.4% | -5.3% | +11.8% | +53.8% | +17.3% | -10.0% | +13.3% | +21.5% | +15.5% | +14.3% | +1.6% |
| Profit margin | 15.4% | -30.0% | 12.8% | 34.0% | 36.8% | 39.7% | 20.6% | 42.3% | 42.8% | 45.6% | 39.7% | 36.5% | 50.0% | 52.6% | 49.7% | 51.1% | 51.0% | 52.9% | 55.0% | 50.1% |