Visa Inc. (V)
Financial Services · Credit Services · NYSE
Visa Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.08B | $18.36B | $20.61B | $22.98B | $21.85B | $24.11B | $29.31B | $32.65B | $35.93B | $40.00B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $5.99B | $6.70B | $10.30B | $12.08B | $10.87B | $12.31B | $14.96B | $17.27B | $19.74B | $20.06B |
| Net margin | 39.7% | 36.5% | 50.0% | 52.6% | 49.7% | 51.1% | 51.0% | 52.9% | 55.0% | 50.1% |
Source: Visa Inc. SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into V stock?
At today's market cap of $618.16B, Visa Inc. is priced for free-cash-flow growth of about 12.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $21.58B from the FY ending 2025-09-30). For comparison, free cash flow actually grew 17.3%/yr over the last five fiscal years and revenue 12.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Visa Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeVisa Inc. financial history by metric
About Visa Inc.
Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a platform which facilitates money movement, enabling clients to collect, hold, convert, and send funds across its network; and issuing solutions, such as airport lounge access, dining reservations, shopping experiences, event tickets, and seller offers. In addition, the company provides acceptance solutions, an omnichannel payment integration with e-commerce platforms; risk detection and prevention solutions; and advisory and other services comprising consulting practice, proprietary analytics models, data scientists and economists, marketing services, and managed services. It provides its services under the Visa, Visa Electron, V PAY, Interlink, and PLUS brands. The company serves consumers, sellers, financial institutions, and government entities. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.
Visa Inc. — frequently asked questions
What is Visa Inc.'s revenue?
Visa Inc. (V) reported revenue of $40.00B for fiscal year 2025, up 11.3% from the prior year, according to its SEC filings.
Is Visa Inc. profitable?
Yes. V earned net income of $20.06B in fiscal 2025, a net margin of 50.1%.
What is V's P/E ratio?
Visa Inc. trades at a price-to-earnings ratio of about 28.3 based on the latest data in our nightly-refreshed cache.
How fast is Visa Inc. growing?
V's revenue grew at roughly 12.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Visa Inc. have?
As of fiscal year 2025, V carried roughly $19.60B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Visa Inc.'s market cap?
Visa Inc. (V) has a market capitalization of about $618.16B, based on the latest data in our nightly-refreshed cache.
When does Visa Inc.'s fiscal year end?
V's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into V stock?
At today's market cap of $618.16B, Visa Inc. is priced for free-cash-flow growth of about 12.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $21.58B from the FY ending 2025-09-30). For comparison, free cash flow actually grew 17.3%/yr over the last five fiscal years and revenue 12.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Visa Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.