Visa Inc. (V)
NYSE: V · Real-Time Price · USD
379.66
-4.24 (-1.10%)
At close: Aug 27, 2026, 4:00 PM EDT
379.14
-0.52 (-0.14%)
After-hours: Aug 27, 2026, 7:58 PM EDT
Visa Cash Flow Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Net Income | 22,592 | 20,058 | 19,743 | 17,273 | 14,957 | 12,311 |
Depreciation & Amortization | 1,342 | 1,220 | 1,034 | 943 | 861 | 804 |
Loss (Gain) From Sale of Investments | -15 | 87 | 94 | 104 | 264 | -712 |
Stock-Based Compensation | 919 | 897 | 850 | 765 | 602 | 542 |
Other Operating Activities | 16,535 | 15,969 | 13,661 | 11,692 | 9,822 | 8,984 |
Change in Accounts Receivable | -576 | -542 | -237 | -250 | -97 | -343 |
Change in Accounts Payable | 53 | 67 | 109 | 34 | 67 | 88 |
Change in Other Net Operating Assets | -18,270 | -14,697 | -15,304 | -9,806 | -7,627 | -6,447 |
Operating Cash Flow | 22,580 | 23,059 | 19,950 | 20,755 | 18,849 | 15,227 |
Operating Cash Flow Growth | -3.85% | 15.58% | -3.88% | 10.11% | 23.79% | 45.85% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -1,567 | -1,482 | -1,257 | -1,059 | -970 | -705 |
Cash Acquisitions | -705 | -887 | -915 | - | -1,948 | -75 |
Investment in Securities | 1,662 | 2,956 | 339 | -1,324 | -1,498 | 519 |
Other Investing Activities | 159 | 121 | -93 | 377 | 128 | 109 |
Investing Cash Flow | -451 | 708 | -1,926 | -2,006 | -4,288 | -152 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | - | 3,924 | - | - | 3,218 | - |
Long-Term Debt Repaid | - | - | - | -2,250 | -1,000 | -3,000 |
Net Debt Issued (Repaid) | -1,074 | 3,924 | - | -2,250 | 2,218 | -3,000 |
Issuance of Common Stock | 259 | 396 | 335 | 260 | 196 | 208 |
Repurchase of Common Stock | -21,656 | -18,597 | -16,921 | -12,231 | -11,709 | -8,820 |
Common Dividends Paid | -4,998 | -4,634 | -4,217 | -3,751 | -3,203 | -2,798 |
Other Financing Activities | -71 | -52 | 170 | 200 | -198 | - |
Financing Cash Flow | -27,540 | -18,963 | -20,633 | -17,772 | -12,696 | -14,410 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -262 | 420 | 382 | 636 | -1,287 | -37 |
Net Cash Flow | -5,673 | 5,224 | -2,227 | 1,613 | 578 | 628 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 21,013 | 21,577 | 18,693 | 19,696 | 17,879 | 14,522 |
Free Cash Flow Growth | -4.84% | 15.43% | -5.09% | 10.16% | 23.12% | 49.65% |
Free Cash Flow Margin | 47.23% | 53.94% | 52.03% | 60.32% | 61.00% | 60.25% |
Free Cash Flow Per Share | 10.93 | 10.97 | 9.21 | 9.45 | 8.37 | 6.64 |
Levered Free Cash Flow | 20,404 | 20,073 | 13,145 | 16,717 | 13,737 | 11,932 |
Unlevered Free Cash Flow | 20,889 | 20,441 | 13,546 | 17,119 | 14,074 | 12,252 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | 648 | 587 | 583 | 617 | 607 | 643 |
Cash Income Tax Paid | 5,841 | 4,541 | 5,775 | 3,433 | 3,741 | 3,012 |
Change in Working Capital | -18,793 | -15,172 | -15,432 | -10,022 | -7,657 | -6,702 |