Visa Inc. Income Statement

V / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Visa Inc. reported $40.0B in revenue and $20.1B in net income for FY2025. Revenue has grown at a 11.1% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score NaN (distress zone, below 1.23 threshold)
Cash-backed earnings: Operating cash flow exceeds net income
High profit margin: 50.1% of revenue retained as profit

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$40.0B	$35.9B	$32.7B	$29.3B	$24.1B	$21.8B	$23.0B	$20.6B	$18.4B	$15.1B	$13.9B	$12.7B	$11.8B	$10.4B	$9.2B
SG&A Expense	$1.9B	$1.6B	$1.3B	$1.2B	$985.0M	$1.1B	$1.2B	$1.1B	$1.1B	$796.0M	$547.0M	$507.0M	$451.0M	$451.0M	$414.0M
Operating Income	$24.0B	$23.6B	$21.0B	$18.8B	$15.8B	$14.1B	$15.0B	$13.0B	$12.1B	$7.9B	$9.1B	$7.7B	$7.2B	$2.1B	$5.5B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-$29.0M	$32.0M
Income Tax	$4.1B	$4.2B	$3.8B	$3.2B	$3.8B	$2.9B	$2.8B	$2.5B	$5.0B	$2.0B	$2.7B	$2.3B	$2.3B	$65.0M	$2.0B
Net Income	$20.1B	$19.7B	$17.3B	$15.0B	$12.3B	$10.9B	$12.1B	$10.3B	$6.7B	$6.0B	$6.3B	$5.4B	$5.0B	$2.1B	$3.6B
Operating Margin	60.0%	65.7%	64.3%	64.2%	65.6%	64.5%	65.3%	62.9%	66.1%	52.3%	65.3%	60.6%	61.5%	20.5%	59.4%
Profit Margin	50.1%	54.9%	52.9%	51.0%	51.1%	49.7%	52.6%	50.0%	36.5%	39.7%	45.6%	42.8%	42.3%	20.6%	39.7%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Visa Inc. Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$40.0B

$35.9B

$32.7B

$29.3B

$24.1B

$21.8B

$23.0B

$20.6B

$18.4B

$15.1B

$13.9B

$12.7B

$11.8B

$10.4B

$9.2B

SG&A Expense

$1.9B

$1.6B

$1.3B

$1.2B

$985.0M

$1.1B

$1.2B

$1.1B

$796.0M

$547.0M

$507.0M

$451.0M

$414.0M

Operating Income

$24.0B

$23.6B

$21.0B

$18.8B

$15.8B

$14.1B

$15.0B

$13.0B

$12.1B

$7.9B

$9.1B

$7.7B

$7.2B

$2.1B

$5.5B

Interest Expense

-$29.0M

$32.0M

Income Tax

$4.1B

$4.2B

$3.8B

$3.2B

$3.8B

$2.9B

$2.8B

$2.5B

$5.0B

$2.0B

$2.7B

$2.3B

$65.0M

$2.0B

Net Income

$20.1B

$19.7B

$17.3B

$15.0B

$12.3B

$10.9B

$12.1B

$10.3B

$6.7B

$6.0B

$6.3B

$5.4B

$5.0B

$2.1B

$3.6B

Operating Margin

60.0%

65.7%

64.3%

64.2%

65.6%

64.5%

65.3%

62.9%

66.1%

52.3%

65.3%

60.6%

61.5%

20.5%

59.4%

Profit Margin

50.1%

54.9%

52.9%

51.0%

51.1%

49.7%

52.6%

50.0%

36.5%

39.7%

45.6%

42.8%

42.3%

20.6%

39.7%