Visa Income Statement

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

Millions USD. Fiscal year is Oct - Sep.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2005
Revenue	32,653	29,310	24,105	21,846	22,977	20,609	18,358	15,082	13,880	12,702	Upgrade
Revenue Growth (YoY)	11.41%	21.59%	10.34%	-4.92%	11.49%	12.26%	21.72%	8.66%	9.27%	7.85%	Upgrade
Cost of Revenue	5,831	4,990	4,240	3,785	3,444	3,170	2,628	2,226	2,079	1,875	Upgrade
Gross Profit	26,822	24,320	19,865	18,061	19,533	17,439	15,730	12,856	11,801	10,827	Upgrade
Selling, General & Admin	3,216	3,035	2,524	2,475	2,755	2,579	2,391	2,054	1,755	1,735	Upgrade
Other Operating Expenses	2,606	2,472	1,537	1,505	1,777	1,906	1,195	2,919	982	1,395	Upgrade
Operating Expenses	5,822	5,507	4,061	3,980	4,532	4,485	3,586	4,973	2,737	3,130	Upgrade
Operating Income	21,000	18,813	15,804	14,081	15,001	12,954	12,144	7,883	9,064	7,697	Upgrade
Interest Expense / Income	644	538	513	516	533	612	563	427	3	8	Upgrade
Other Expense / Income	-681	139	-772	-225	-416	-464	-113	-556	66	-35	Upgrade
Pretax Income	21,037	18,136	16,063	13,790	14,884	12,806	11,694	8,012	8,995	7,724	Upgrade
Income Tax	3,764	3,179	3,752	2,924	2,804	2,505	4,995	2,021	2,667	2,286	Upgrade
Net Income	17,273	14,957	12,311	10,866	12,080	10,301	6,699	5,991	6,328	5,438	Upgrade
Net Income Growth	15.48%	21.49%	13.30%	-10.05%	17.27%	53.77%	11.82%	-5.33%	16.37%	9.20%	Upgrade
Shares Outstanding (Basic)	1,873	1,906	1,946	1,953	1,999	2,049	2,104	2,170	2,221	2,264	Upgrade
Shares Outstanding (Diluted)	2,340	2,391	2,443	2,479	2,529	2,586	2,654	2,678	2,724	2,794	Upgrade
Shares Change	-2.13%	-2.13%	-1.45%	-1.98%	-2.20%	-2.56%	-0.90%	-1.69%	-2.51%	-3.56%	Upgrade
EPS (Basic)	8.29	7.01	5.63	4.90	5.32	4.43	2.80	2.49	2.58	2.16	Upgrade
EPS (Diluted)	8.28	7.00	5.63	4.89	5.32	4.42	2.80	2.48	2.58	2.16	Upgrade
EPS Growth	18.29%	24.33%	15.13%	-8.08%	20.36%	57.86%	12.90%	-3.88%	19.44%	13.68%	Upgrade
Free Cash Flow	19,696	17,879	14,522	9,704	12,028	12,223	8,622	5,051	6,180	6,652	Upgrade
Free Cash Flow Per Share	9.58	8.55	6.82	4.54	5.50	5.46	3.75	2.13	2.54	3.62	Upgrade
Dividend Per Share	1.800	1.500	1.280	1.200	1.000	0.825	0.660	0.560	0.480	0.400	Upgrade
Dividend Growth	20.00%	17.19%	6.67%	20.00%	21.21%	25.00%	17.86%	16.67%	20.00%	21.21%	Upgrade
Gross Margin	82.14%	82.98%	82.41%	82.67%	85.01%	84.62%	85.68%	85.24%	85.02%	85.24%	Upgrade
Operating Margin	64.31%	64.19%	65.56%	64.46%	65.29%	62.86%	66.15%	52.27%	65.30%	60.60%	Upgrade
Profit Margin	52.90%	51.03%	51.07%	49.74%	52.57%	49.98%	36.49%	39.72%	45.59%	42.81%	Upgrade
Free Cash Flow Margin	60.32%	61.00%	60.24%	44.42%	52.35%	59.31%	46.97%	33.49%	44.52%	52.37%	Upgrade
Effective Tax Rate	17.89%	17.53%	23.36%	21.20%	18.84%	19.56%	42.71%	25.22%	29.65%	29.60%	Upgrade
EBITDA	22,624	19,535	17,380	15,073	16,073	14,031	12,813	8,941	9,492	8,167	Upgrade
EBITDA Margin	69.29%	66.65%	72.10%	69.00%	69.95%	68.08%	69.80%	59.28%	68.39%	64.30%	Upgrade
Depreciation & Amortization	943	861	804	767	656	613	556	502	494	435	Upgrade
EBIT	21,681	18,674	16,576	14,306	15,417	13,418	12,257	8,439	8,998	7,732	Upgrade
EBIT Margin	66.40%	63.71%	68.77%	65.49%	67.10%	65.11%	66.77%	55.95%	64.83%	60.87%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).