Visa Inc. income statement & cash flow
In the fiscal year ended Sep 30, 2025, Visa Inc. reported net income of $20.06B on revenue of $40.00B. Operating cash flow was $23.06B.
Income statement and cash flow summary
| Fiscal year ended | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.08B | $18.36B | $20.61B | $22.98B | $21.85B | $24.11B | $29.31B | $32.65B | $35.93B | $40.00B |
| Operating income | $7.88B | $12.14B | $12.95B | $15.00B | $14.08B | $15.80B | $18.81B | $21.00B | $23.59B | $23.99B |
| Net income | $5.99B | $6.70B | $10.30B | $12.08B | $10.87B | $12.31B | $14.96B | $17.27B | $19.74B | $20.06B |
| Operating cash flow | $5.57B | $9.32B | $12.94B | $12.78B | $10.44B | $15.23B | $18.85B | $20.75B | $19.95B | $23.06B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2025 | 10-K 2025 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Sep 2025 | — | 60.0% | 50.1% |
| Sep 2024 | — | 65.7% | 55.0% |
| Sep 2023 | — | 64.3% | 52.9% |
| Sep 2022 | — | 64.2% | 51.0% |
| Sep 2021 | — | 65.6% | 51.1% |
Source: SEC EDGAR XBRL company facts for CIK 1403161 (raw data). Most recent filing in this dataset: 10-Q filed Apr 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.