Visa Inc. (V)
NYSE: V · Real-Time Price · USD
314.08
-10.10 (-3.12%)
At close: Feb 13, 2026, 4:00 PM EST
314.40
+0.32 (0.10%)
After-hours: Feb 13, 2026, 6:16 PM EST
Visa Cash Flow Statement
Financials in millions USD. Fiscal year is October - September.
Millions USD. Fiscal year is Oct - Sep.
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 '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Net Income | 5,853 | 5,090 | 5,272 | 4,577 | 5,119 | 5,318 | 4,872 | 4,663 | 4,890 | 4,681 | 4,156 | 4,257 | 4,179 | 3,940 | 3,411 | 3,647 | 3,959 | 3,584 | 2,575 | 3,026 |
Depreciation & Amortization | 326 | 316 | 317 | 305 | 282 | 274 | 264 | 249 | 247 | 247 | 235 | 234 | 227 | 226 | 230 | 207 | 198 | 202 | 204 | 201 |
Loss (Gain) From Sale of Investments | 7 | -46 | 35 | 23 | 75 | 46 | 22 | 30 | -4 | -7 | -85 | 90 | 106 | 122 | 246 | 127 | -231 | -101 | -439 | -156 |
Stock-Based Compensation | 231 | 191 | 223 | 259 | 224 | 188 | 211 | 242 | 209 | 174 | 191 | 223 | 177 | 132 | 152 | 190 | 128 | 108 | 159 | 153 |
Other Operating Activities | 3,849 | 4,071 | 4,412 | 3,622 | 3,864 | 3,584 | 3,542 | 3,141 | 3,394 | 3,115 | 3,077 | 2,880 | 2,620 | 2,692 | 2,321 | 2,492 | 2,317 | 2,143 | 3,083 | 1,864 |
Change in Accounts Receivable | -109 | -208 | -178 | -92 | -64 | -23 | -248 | 229 | -195 | -22 | -161 | -7 | -60 | -17 | 93 | 40 | -213 | -123 | -55 | -57 |
Change in Accounts Payable | -114 | 81 | 31 | 9 | -54 | 136 | -2 | -7 | -18 | 85 | -3 | 16 | -64 | 96 | 46 | -66 | -9 | 87 | 42 | -2 |
Change in Other Net Operating Assets | -3,263 | -3,257 | -3,382 | -4,008 | -4,050 | -2,859 | -3,527 | -4,009 | -4,909 | -1,346 | -1,613 | -3,833 | -3,014 | -1,315 | -1,247 | -3,148 | -1,917 | -1,929 | -1,155 | -1,700 |
Operating Cash Flow | 6,780 | 6,238 | 6,730 | 4,695 | 5,396 | 6,664 | 5,134 | 4,538 | 3,614 | 6,927 | 5,797 | 3,860 | 4,171 | 5,876 | 5,252 | 3,489 | 4,232 | 3,971 | 4,414 | 3,329 |
Operating Cash Flow Growth | 25.65% | -6.39% | 31.09% | 3.46% | 49.31% | -3.80% | -11.44% | 17.57% | -13.35% | 17.89% | 10.38% | 10.63% | -1.44% | 47.97% | 18.98% | 4.81% | 20.47% | 89.46% | 47.03% | 126.93% |
Capital Expenditures | -378 | -389 | -421 | -327 | -345 | -309 | -400 | -281 | -267 | -305 | -295 | -210 | -249 | -295 | -235 | -267 | -173 | -208 | -179 | -158 |
Cash Acquisitions | - | - | - | 19 | -906 | - | - | -915 | - | - | - | - | - | -3 | - | -1,113 | -832 | - | - | - |
Investment in Securities | 720 | 529 | 183 | 208 | 2,036 | 935 | 959 | 62 | -1,617 | -836 | 309 | -92 | -705 | 405 | -1,875 | -414 | 386 | -1,494 | 187 | 996 |
Other Investing Activities | 19 | 164 | -18 | -30 | 5 | -42 | -4 | -42 | -5 | -47 | 3 | -23 | 444 | - | 47 | 9 | 72 | 4 | 64 | -3 |
Investing Cash Flow | 361 | 304 | -256 | -130 | 790 | 584 | 555 | -1,176 | -1,889 | -1,188 | 17 | -325 | -510 | 107 | -2,063 | -1,785 | -547 | -1,698 | 72 | 835 |
Total Debt Issued | - | - | 3,924 | - | - | - | - | - | - | - | - | - | - | - | 2,918 | 300 | - | - | - | - |
Long-Term Debt Repaid | -4,000 | - | - | - | - | - | - | - | - | - | - | - | -2,250 | - | - | - | - | - | - | - |
Total Debt Repaid | -4,000 | - | - | - | - | - | - | - | - | - | - | - | -2,250 | -1,000 | - | - | - | - | - | - |
Net Debt Issued (Repaid) | -4,000 | - | 3,924 | - | - | - | - | - | - | - | - | - | -2,250 | -1,000 | 2,918 | 300 | - | - | - | - |
Issuance of Common Stock | 78 | 55 | 95 | 119 | 127 | 68 | 84 | 79 | 104 | 71 | 71 | 62 | 56 | 43 | 40 | 54 | 59 | 46 | 54 | 47 |
Repurchase of Common Stock | -3,956 | -4,954 | -4,794 | -4,603 | -4,246 | -5,867 | -4,535 | -2,767 | -3,752 | -3,756 | -3,048 | -2,200 | -3,227 | -2,106 | -2,434 | -2,952 | -4,217 | -2,969 | -2,202 | -1,719 |
Common Dividends Paid | -1,293 | -1,146 | -1,154 | -1,164 | -1,170 | -1,041 | -1,056 | -1,060 | -1,060 | -928 | -937 | -941 | -945 | -794 | -798 | -802 | -809 | -696 | -698 | -701 |
Other Financing Activities | 185 | 45 | 101 | -12 | -186 | -229 | 196 | -126 | 329 | 33 | -5 | 153 | 19 | -183 | -15 | - | - | - | - | - |
Financing Cash Flow | -8,986 | -6,000 | -1,828 | -5,660 | -5,475 | -7,069 | -5,311 | -3,874 | -4,379 | -4,580 | -3,919 | -2,926 | -6,347 | -4,040 | -289 | -3,400 | -4,967 | -3,619 | -2,846 | -2,373 |
Foreign Exchange Rate Adjustments | 34 | 4 | 659 | 265 | -508 | 308 | -50 | -176 | 300 | -208 | 16 | 136 | 692 | -562 | -420 | -111 | -194 | -129 | 76 | -288 |
Net Cash Flow | -1,811 | 546 | 5,305 | -830 | 203 | 487 | 328 | -688 | -2,354 | 951 | 1,911 | 745 | -1,994 | 1,381 | 2,480 | -1,807 | -1,476 | -1,475 | 1,716 | 1,503 |
Free Cash Flow | 6,402 | 5,849 | 6,309 | 4,368 | 5,051 | 6,355 | 4,734 | 4,257 | 3,347 | 6,622 | 5,502 | 3,650 | 3,922 | 5,581 | 5,017 | 3,222 | 4,059 | 3,763 | 4,235 | 3,171 |
Free Cash Flow Growth | 26.75% | -7.96% | 33.27% | 2.61% | 50.91% | -4.03% | -13.96% | 16.63% | -14.66% | 18.65% | 9.67% | 13.28% | -3.38% | 48.31% | 18.46% | 1.61% | 21.06% | 95.18% | 49.07% | 153.48% |
Free Cash Flow Margin | 58.73% | 54.54% | 62.02% | 45.53% | 53.11% | 66.08% | 53.19% | 48.51% | 38.77% | 76.92% | 67.73% | 45.71% | 49.42% | 71.67% | 68.96% | 44.82% | 57.50% | 57.37% | 69.09% | 55.35% |
Free Cash Flow Per Share | 3.31 | 3.01 | 3.22 | 2.21 | 2.54 | 3.17 | 2.33 | 2.09 | 1.64 | 3.21 | 2.65 | 1.74 | 1.87 | 2.64 | 2.36 | 1.50 | 1.88 | 1.73 | 1.94 | 1.45 |
Cash Interest Paid | 213 | 48 | 278 | 48 | 213 | 49 | 273 | 48 | 213 | 49 | 275 | 49 | 244 | 59 | 244 | 60 | 244 | 60 | 243 | 59 |
Cash Income Tax Paid | 1,290 | 954 | 532 | 1,861 | 1,194 | 1,076 | 1,041 | 2,155 | 1,503 | 420 | 378 | 1,914 | 721 | 850 | 784 | 1,839 | 268 | 878 | 629 | 1,253 |
Levered Free Cash Flow | 5,453 | 5,293 | 6,743 | 4,527 | 3,494 | 3,309 | 3,436 | 3,675 | 2,709 | 4,823 | 4,718 | 2,905 | 4,255 | 4,522 | 3,819 | 2,332 | 2,941 | 3,037 | 3,494 | 2,513 |
Unlevered Free Cash Flow | 5,574 | 5,424 | 6,767 | 4,626 | 3,607 | 3,419 | 3,559 | 3,727 | 2,826 | 4,937 | 4,832 | 2,994 | 4,340 | 4,621 | 3,889 | 2,416 | 3,025 | 3,148 | 3,576 | 2,589 |
Change in Working Capital | -3,486 | -3,384 | -3,529 | -4,091 | -4,168 | -2,746 | -3,777 | -3,787 | -5,122 | -1,283 | -1,777 | -3,824 | -3,138 | -1,236 | -1,108 | -3,174 | -2,139 | -1,965 | -1,168 | -1,759 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.