VISA INC. (V) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	45.9B	45.9B	40.0B	35.9B	32.7B
Cost of Revenue	9.0B	9.0B	7.9B	7.0B	6.6B
Gross Profit	36.9B	36.9B	32.1B	28.9B	26.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	6.5B	8.8B	4.4B	3.8B	3.2B
General & Admin Expense	4.2B	6.5B	2.7B	2.2B	1.9B
Selling & Marketing Expense	2.3B	2.3B	1.7B	1.6B	1.3B
Other Expenses	2.3B	—	3.8B	1.5B	1.9B
Total Operating Expenses	8.8B	8.8B	8.2B	5.3B	5.1B
Cost and Expenses	17.8B	17.8B	16.0B	12.3B	11.7B
Operating Income (EBIT)	28.1B	28.1B	24.0B	23.6B	21.0B
Non-Operating
Interest Income	150.0M	—	—	—	—
Interest Expense	1.1B	758.0M	589.0M	641.0M	644.0M
Net Interest Income	(996.0M)	(758.0M)	(589.0M)	(641.0M)	(644.0M)
Other Non-Op Income/Expense	(17.0M)	(17.0M)	200.0M	321.0M	37.0M
Non-Operating Income (excl Interest)	(765.0M)	(741.0M)	(789.0M)	(962.0M)	(681.0M)
EBT (Pre-Tax Income)	28.1B	28.1B	24.2B	23.9B	21.0B
Income Tax Expense	4.6B	4.6B	4.1B	4.2B	3.8B
Bottom Line
Net Income	23.5B	23.5B	20.1B	19.7B	17.3B
Earnings from Cont. Ops	23.5B	23.5B	20.1B	19.7B	17.3B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	23.5B	23.5B	19.9B	19.7B	17.3B
Per Share
Basic EPS	$12.44	$12.44	$10.22	$9.74	$8.29
Diluted EPS	$12.33	$12.32	$10.20	$9.73	$8.28
Revenue Per Share	$26.70	$27.18	$20.60	$17.99	$15.66
Shares
Basic Shares Outstanding	1.7B	1.7B	1.9B	2.0B	2.1B
Diluted Shares Outstanding	1.9B	1.9B	2.0B	2.0B	2.1B
Profitability Metrics
EBITDA	30.3B	30.3B	26.0B	25.6B	22.6B
D&A	1.4B	1.4B	1.2B	1.0B	943.0M
EBIT	28.9B	28.9B	24.8B	24.6B	21.7B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026