Visa Inc. (V)

Visa Balance Sheet

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

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Cash & Equivalents	14,756	17,164	17,092	11,734	12,367	11,975	12,947	12,993	13,591	16,286	15,590	13,842	13,334	15,689	14,047	12,299	14,720	16,487	18,034	16,494
Short-Term Investments	484	999	2,088	2,017	1,967	-	3,697	4,710	5,005	3,842	3,166	2,752	2,785	2,833	3,309	1,230	1,201	2,025	1,206	2,058
Cash & Short-Term Investments	15,240	18,163	19,180	13,751	14,334	11,975	16,644	17,703	18,596	20,128	18,756	16,594	16,119	18,522	17,356	13,529	15,921	18,512	19,240	18,552
Cash Growth	6.32%	51.67%	15.24%	-22.32%	-22.92%	-40.51%	-11.26%	6.68%	15.37%	8.67%	8.07%	22.66%	1.24%	0.05%	-9.79%	-27.07%	-11.75%	-7.63%	38.44%	52.68%
Accounts Receivable	6,443	7,317	7,698	6,963	6,273	7,015	4,649	5,830	5,031	4,474	4,736	4,064	4,240	3,952	3,881	3,767	3,956	3,726	3,515	3,225
Other Current Assets	12,157	11,452	11,520	12,220	12,015	11,843	9,746	9,242	9,105	8,930	8,178	7,999	7,500	7,731	7,734	6,795	6,029	5,369	5,287	5,124
Total Current Assets	34,997	37,766	38,398	32,934	32,622	34,033	31,039	32,775	32,732	33,532	31,670	28,657	27,859	30,205	28,971	24,091	25,906	27,607	28,042	26,901
Net Property, Plant & Equipment	4,276	4,236	4,143	4,023	3,974	3,824	3,766	3,630	3,472	3,425	3,370	3,359	3,236	3,223	3,146	3,120	2,908	2,715	2,707	2,684
Other Intangible Assets	27,664	27,646	27,660	26,408	25,889	26,889	26,243	26,375	26,739	26,104	26,576	26,574	26,307	25,065	26,093	27,006	27,272	27,664	28,023	27,823
Goodwill	19,885	19,879	19,880	19,641	19,548	18,941	18,816	18,837	18,120	17,997	18,082	18,078	18,024	17,787	17,977	18,143	16,555	15,958	16,021	15,980
Long-Term Investments	1,641	1,833	1,203	1,470	1,757	3,200	3,037	3,092	2,809	1,921	2,122	2,840	2,735	2,136	2,240	2,296	2,087	1,705	1,111	110
Other Long-Term Assets	9,508	9,101	8,740	8,377	8,098	8,279	8,139	7,690	7,537	7,520	7,414	7,247	7,226	7,085	6,983	7,152	7,201	7,247	6,767	6,697
Total Assets	96,814	99,627	100,024	92,853	91,888	94,511	91,040	92,399	91,409	90,499	89,234	86,755	85,387	85,501	85,410	81,808	81,929	82,896	82,671	80,195
Accounts Payable	4,770	5,123	6,500	5,417	4,830	5,744	2,907	4,823	4,072	3,644	3,956	3,349	3,831	3,621	3,296	2,591	3,026	2,709	2,548	2,126
Accrued Expenses	6,734	7,329	6,381	5,732	5,916	6,447	5,983	5,451	5,893	6,521	5,290	4,624	4,676	5,085	4,409	4,049	3,690	3,545	3,240	2,882
Current Portion of Long-Term Debt	1,589	5,569	5,548	3,948	3,929	-	-	-	-	-	-	-	-	2,250	3,249	3,548	3,247	999	-	-
Other Current Liabilities	14,992	13,994	15,998	15,284	14,416	14,326	13,722	13,169	12,669	12,933	11,984	11,124	10,846	9,897	9,355	8,514	8,605	8,486	8,235	7,703
Total Current Liabilities	31,491	35,048	34,427	30,381	29,091	26,517	22,612	23,443	22,634	23,098	21,230	19,097	19,353	20,853	20,309	18,702	18,568	15,739	14,023	12,711
Long-Term Debt	19,588	19,602	19,590	16,814	16,680	20,836	20,602	20,603	20,703	20,463	20,560	20,606	20,487	20,200	20,546	17,479	17,673	19,978	20,996	20,974
Other Long-Term Liabilities	10,364	10,101	7,343	7,628	7,821	8,021	8,097	7,868	8,339	8,205	8,463	8,487	8,623	8,867	9,072	9,638	9,494	9,590	9,862	8,814
Total Long-Term Liabilities	29,952	29,703	26,933	24,442	24,501	28,857	28,699	28,471	29,042	28,668	29,023	29,093	29,110	29,067	29,618	27,117	27,167	29,568	30,858	29,788
Total Liabilities	58,037	61,718	61,360	54,823	53,592	55,374	51,311	51,914	51,676	51,766	50,253	48,190	48,463	49,920	49,927	45,819	45,735	45,307	44,881	42,499
Preferred Stock	-	-	871	880	-	1,031	1,425	1,602	1,615	1,698	1,786	1,885	1,981	2,324	2,851	2,987	2,995	3,080	3,132	3,347
Common Stock	-	-	-	0	-	-	-	0	20,490	-	20,290	20,095	19,827	19,545	-	-	-	18,855	-	-
Additional Paid-in Capital	21,980	21,934	21,746	21,579	21,324	21,229	20,832	20,709	-	20,452	-	-	-	-	18,962	18,876	18,776	-	18,787	18,505
Accumulated Other Comprehensive Income	247	248	209	-827	-1,247	-308	-1,060	-998	-655	-1,317	-978	-990	-1,259	-2,369	-1,267	-405	-72	436	601	372
Retained Earnings	15,999	14,982	15,838	16,398	17,315	17,185	18,532	19,172	18,283	17,900	17,883	17,575	16,375	16,081	14,937	14,531	14,495	15,218	15,270	15,472
Total Common Shareholders' Equity	38,226	37,164	38,664	38,030	37,392	39,137	39,729	40,485	39,733	38,733	38,981	38,565	36,924	35,581	35,483	35,989	36,194	37,589	37,790	37,696
Minority Interest	-	-	-	-	904	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholders' Equity	38,777	37,909	38,664	38,030	38,296	39,137	39,729	40,485	39,733	38,733	38,981	38,565	36,924	35,581	35,483	35,989	36,194	37,589	37,790	37,696
Total Liabilities & Equity	96,814	99,627	100,024	92,853	91,888	94,511	91,040	92,399	91,409	90,499	89,234	86,755	85,387	85,501	85,410	81,808	81,929	82,896	82,671	80,195
Total Debt	21,177	25,171	25,138	20,762	20,609	20,836	20,602	20,603	20,703	20,463	20,560	20,606	20,487	22,450	23,795	21,027	20,920	20,977	20,996	20,974
Net Cash (Debt)	-5,937	-7,008	-5,958	-7,011	-6,275	-8,861	-3,958	-2,900	-2,107	-335	-1,804	-4,012	-4,368	-3,928	-6,439	-7,498	-4,999	-2,465	-1,756	-2,422
Net Cash Per Share	-2.75	-3.23	-2.72	-3.18	-2.83	-3.91	-1.64	-1.18	-0.85	-0.13	-0.72	-1.59	-1.72	-1.54	-2.51	-2.91	-1.93	-0.94	-0.67	-0.92
Book Value	38,226	37,164	38,664	38,030	37,392	39,137	39,729	40,485	39,733	38,733	38,981	38,565	36,924	35,581	35,483	35,989	36,194	37,589	37,790	37,696
Book Value Per Share	17.71	17.11	17.68	17.27	16.86	17.29	16.44	16.43	16.12	15.53	15.53	15.28	14.57	13.96	13.84	13.96	13.95	14.39	14.43	14.31
Tangible Book Value	-9,323	-10,361	-8,876	-8,019	-8,045	-6,693	-5,330	-4,727	-5,126	-5,368	-5,677	-6,087	-7,407	-7,271	-8,587	-9,160	-7,633	-6,033	-6,254	-6,107
Tangible Book Value Per Share	-4.32	-4.77	-4.06	-3.64	-3.63	-2.96	-2.21	-1.92	-2.08	-2.15	-2.26	-2.41	-2.92	-2.85	-3.35	-3.55	-2.94	-2.31	-2.39	-2.32

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q