# Visa Inc.: overview

V · NYSE · CIK 1403161 · [Industrials](/sectors/industrials.md) · fiscal year ends Sep 30

Pages: [Overview](/companies/v.md) · [Financials](/companies/v/financials.md) · [Filings](/companies/v/filings.md) · [Insiders](/companies/v/insiders.md)

Latest reported revenue: [$11.23bn](/filings/0001403161-26-000079.md) for Q2 FY2026, three months to 2026-03-31, from the 10-Q filed Apr 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001403161-26-000079).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-06-30) | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [8.9](/filings/0001403161-25-000052.md) | [9.6 d](/filings/0001403161-25-000089.md) | [9.5](/filings/0001403161-26-000045.md) | [9.6](/filings/0001403161-26-000079.md) | [10.2](/filings/0001403161-25-000052.md) | [10.7 d](/filings/0001403161-25-000089.md) | [10.9](/filings/0001403161-26-000045.md) | [11.2](/filings/0001403161-26-000079.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [66.7%](/filings/0001403161-25-000052.md) | [66.0% d](/filings/0001403161-25-000089.md) | [65.6%](/filings/0001403161-26-000045.md) | [56.6%](/filings/0001403161-26-000079.md) | [60.7%](/filings/0001403161-25-000052.md) | [57.3% d](/filings/0001403161-25-000089.md) | [61.8%](/filings/0001403161-26-000045.md) | [64.4%](/filings/0001403161-26-000079.md) |
| Net margin | % | [54.7%](/filings/0001403161-25-000052.md) | [55.3% d](/filings/0001403161-25-000089.md) | [53.8%](/filings/0001403161-26-000045.md) | [47.7%](/filings/0001403161-26-000079.md) | [51.8%](/filings/0001403161-25-000052.md) | [47.5% d](/filings/0001403161-25-000089.md) | [53.7%](/filings/0001403161-26-000045.md) | [53.6%](/filings/0001403161-26-000079.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $bn | [4.7 d](/filings/0001403161-25-000052.md) | [6.4 d](/filings/0001403161-25-000089.md) | [5.1](/filings/0001403161-26-000045.md) | [4.4 d](/filings/0001403161-26-000079.md) | [6.3 d](/filings/0001403161-25-000052.md) | [5.8 d](/filings/0001403161-25-000089.md) | [6.4](/filings/0001403161-26-000045.md) | [2.6 d](/filings/0001403161-26-000079.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [24.1](/filings/0001403161-23-000099.md) | [29.3](/filings/0001403161-24-000058.md) | [32.7](/filings/0001403161-25-000089.md) | [35.9](/filings/0001403161-25-000089.md) | [40.0](/filings/0001403161-25-000089.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [65.6%](/filings/0001403161-23-000099.md) | [64.2%](/filings/0001403161-24-000058.md) | [64.3%](/filings/0001403161-25-000089.md) | [65.7%](/filings/0001403161-25-000089.md) | [60.0%](/filings/0001403161-25-000089.md) |
| Net margin | % | [51.1%](/filings/0001403161-23-000099.md) | [51.0%](/filings/0001403161-24-000058.md) | [52.9%](/filings/0001403161-25-000089.md) | [55.0%](/filings/0001403161-25-000089.md) | [50.1%](/filings/0001403161-25-000089.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $bn | [14.5](/filings/0001403161-23-000099.md) | [17.9](/filings/0001403161-24-000058.md) | [19.7](/filings/0001403161-25-000089.md) | [18.7](/filings/0001403161-25-000089.md) | [21.6](/filings/0001403161-25-000089.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/v/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $47.23bn | 137,669,061 |  | Added +1,478,114 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $36.42bn | 106,150,500 |  | Reduced −854,668 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $28.43bn | 82,872,209 |  | Added +566,194 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $15.77bn | 45,960,354 |  | Reduced −19,596 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $15.53bn | 45,285,275 |  | Added +401,636 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $14.73bn | 42,929,995 |  | Reduced −1,978,234 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $12.64bn | 36,844,619 |  | Reduced −760,196 |
| [TCI FUND MANAGEMENT LTD](/funds/1647251.md) | 2026-06-30 | $10.46bn | 30,494,133 |  | Added +26,000 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $9.70bn | 28,269,307 |  | Added +3,091,106 |
| [Capital International Investors](/funds/1562230.md) | 2026-06-30 | $8.39bn | 24,443,349 |  | Added +733,786 |

## Recent filings

[All 1,519 filings](/companies/v/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:05 ET | [8-K](/filings/0001403161-26-000126.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001403161-26-000126 |
| 2026-09-23 | 16:06 ET | [8-K](/filings/0001403161-26-000121.md) | 8.01 Other events | 0001403161-26-000121 |
| 2026-07-29 | 18:08 ET | [10-Q](/filings/0001403161-26-000104.md) | Quarterly report, period 2026-06-30 | 0001403161-26-000104 |
| 2026-07-28 | 16:05 ET | [8-K](/filings/0001403161-26-000103.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001403161-26-000103 |
| 2026-07-15 | 16:23 ET | [8-K](/filings/0001403161-26-000096.md) | 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001403161-26-000096 |
| 2026-06-26 | 16:07 ET | [8-K](/filings/0001403161-26-000086.md) | 8.01 Other events | 0001403161-26-000086 |
| 2026-05-12 | 16:11 ET | [8-K](/filings/0001193125-26-219432.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-219432 |
| 2026-05-11 | 09:10 ET | [8-K](/filings/0001193125-26-215875.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-215875 |
| 2026-04-29 | 18:11 ET | [10-Q](/filings/0001403161-26-000079.md) | Quarterly report, period 2026-03-31 | 0001403161-26-000079 |
| 2026-04-28 | 16:05 ET | [8-K](/filings/0001403161-26-000077.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001403161-26-000077 |

## Latest annual report

[Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0001403161-25-000089.md), filed Nov 6, 2025.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1403161
- Tickers: V
- Exchange: NYSE
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:29 ET. No prices; not investment advice.