Visa Inc. (V)

Visa Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	22,236	20,058	19,743	17,273	14,957	12,311
Depreciation & Amortization	1,292	1,220	1,034	943	861	804
Stock-Based Compensation	920	897	850	765	602	542
Other Adjustments	17,020	16,056	13,755	11,796	10,086	8,272
Change in Receivables	-623	-542	-237	-250	-97	-343
Changes in Accounts Payable	87	67	109	34	-	88
Changes in Accrued Expenses	-891	930	-704	1,586	1,531	999
Changes in Other Operating Activities	-17,285	-15,627	-14,600	-11,392	-9,091	-7,446
Operating Cash Flow	22,756	23,059	19,950	20,755	18,849	15,227
Operating Cash Flow Growth	3.96%	15.58%	-3.88%	10.11%	23.79%	45.85%
Capital Expenditures	-1,571	-1,482	-1,257	-1,059	-970	-705
Purchases of Investments	-97	-68	-4,674	-4,484	-6,083	-5,182
Proceeds from Sale of Investments	1,781	3,024	5,013	3,160	4,585	5,701
Payments for Business Acquisitions	-705	-887	-915	-	-1,948	-75
Other Investing Activities	148	121	-93	377	128	109
Investing Cash Flow	-469	708	-1,926	-2,006	-4,288	-152
Long-Term Debt Issued	5,422	3,924	-	-	3,218	-
Long-Term Debt Repaid	-4,000	-	-	-2,250	-1,000	-3,000
Net Long-Term Debt Issued (Repaid)	1,422	3,924	-	-2,250	2,218	-3,000
Issuance of Common Stock	283	396	335	260	196	208
Repurchase of Common Stock	-21,334	-18,316	-16,713	-12,101	-11,589	-8,676
Net Common Stock Issued (Repurchased)	-21,051	-17,920	-16,378	-11,841	-11,393	-8,468
Common Dividends Paid	-4,879	-4,634	-4,217	-3,751	-3,203	-2,798
Other Financing Activities	-213	-333	-38	70	-318	-144
Financing Cash Flow	-23,224	-18,963	-20,633	-17,772	-12,696	-14,410
Effect of Exchange Rate Changes on Cash and Cash Equivalents	507	420	382	636	-1,287	-37
Net Cash Flow	-430	5,224	-2,227	1,613	578	628
Free Cash Flow	21,185	21,577	18,693	19,696	17,879	14,522
Free Cash Flow Growth	-1.82%	15.43%	-5.09%	10.16%	23.12%	49.65%
FCF Margin	49.24%	53.94%	52.03%	60.32%	61.00%	60.24%
Free Cash Flow Per Share	10.94	10.98	9.21	9.45	8.37	6.64
Levered Free Cash Flow	5,290	9,090	4,325	5,135	9,506	3,051
Unlevered Free Cash Flow	3,734	5,000	4,060	7,355	7,846	5,853

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q