Visa Inc. Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021	Sep '20 Sep 30, 2020	2016 - 2020
Operating Revenue	38,893	35,926	32,653	29,310	24,105	21,846	Upgrade
Revenue	38,893	35,926	32,653	29,310	24,105	21,846	Upgrade
Revenue Growth (YoY)	11.38%	10.02%	11.41%	21.59%	10.34%	-4.92%	Upgrade
Cost of Revenue	863	778	736	743	730	727	Upgrade
Gross Profit	38,030	35,148	31,917	28,567	23,375	21,119	Upgrade
Selling, General & Admin	10,793	10,175	9,047	8,025	6,612	6,227	Upgrade
Other Operating Expenses	-	-	-	-	152	-	Upgrade
Operating Expenses	11,971	11,209	9,990	8,886	7,568	6,994	Upgrade
Operating Income	26,059	23,939	21,927	19,681	15,807	14,125	Upgrade
Interest Expense	-555	-641	-644	-538	-513	-516	Upgrade
Interest & Investment Income	818	992	745	69	-	80	Upgrade
Other Non Operating Income (Expenses)	14	14	18	88	25	-8	Upgrade
EBT Excluding Unusual Items	26,336	24,304	22,046	19,300	15,319	13,681	Upgrade
Merger & Restructuring Charges	-213	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-129	-44	-82	-296	747	120	Upgrade
Legal Settlements	-1,669	-462	-927	-868	-3	-11	Upgrade
Other Unusual Items	18	118	-	-	-	-	Upgrade
Pretax Income	24,343	23,916	21,037	18,136	16,063	13,790	Upgrade
Income Tax Expense	4,057	4,173	3,764	3,179	3,752	2,924	Upgrade
Net Income	20,286	19,743	17,273	14,957	12,311	10,866	Upgrade
Preferred Dividends & Other Adjustments	226	286	284	327	303	391	Upgrade
Net Income to Common	20,060	19,457	16,989	14,630	12,008	10,475	Upgrade
Net Income Growth	6.18%	14.30%	15.48%	21.49%	13.30%	-10.05%	Upgrade
Shares Outstanding (Basic)	1,843	1,882	1,903	1,936	2,121	2,134	Upgrade
Shares Outstanding (Diluted)	1,980	2,029	2,085	2,136	2,188	2,223	Upgrade
Shares Change (YoY)	-3.14%	-2.69%	-2.39%	-2.38%	-1.57%	-2.16%	Upgrade
EPS (Basic)	10.88	10.34	8.93	7.56	5.66	4.91	Upgrade
EPS (Diluted)	10.24	9.73	8.28	7.00	5.63	4.89	Upgrade
EPS Growth	9.62%	17.45%	18.31%	24.45%	15.11%	-8.07%	Upgrade
Free Cash Flow	22,083	18,693	19,696	17,879	14,522	9,704	Upgrade
Free Cash Flow Per Share	11.15	9.21	9.45	8.37	6.64	4.37	Upgrade
Dividend Per Share	2.360	2.150	1.870	1.575	1.335	1.220	Upgrade
Dividend Growth	13.46%	14.97%	18.73%	17.98%	9.43%	16.19%	Upgrade
Gross Margin	97.78%	97.83%	97.75%	97.47%	96.97%	96.67%	Upgrade
Operating Margin	67.00%	66.63%	67.15%	67.15%	65.58%	64.66%	Upgrade
Profit Margin	51.58%	54.16%	52.03%	49.91%	49.81%	47.95%	Upgrade
Free Cash Flow Margin	56.78%	52.03%	60.32%	61.00%	60.25%	44.42%	Upgrade
EBITDA	27,237	24,973	22,870	20,542	16,611	14,892	Upgrade
EBITDA Margin	70.03%	69.51%	70.04%	70.08%	68.91%	68.17%	Upgrade
D&A For EBITDA	1,178	1,034	943	861	804	767	Upgrade
EBIT	26,059	23,939	21,927	19,681	15,807	14,125	Upgrade
EBIT Margin	67.00%	66.63%	67.15%	67.15%	65.58%	64.66%	Upgrade
Effective Tax Rate	16.67%	17.45%	17.89%	17.53%	23.36%	21.20%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.