Sunday 15 November 2026 Export V’s income statement to Excel — free account

Visa Inc.

Visa Inc.’s revenue for fiscal 2026 (year ended September 2026) was $45.9 billion, up 14.8% from fiscal 2025.

Revenue: +13.2%
EPS: +27.6%
Free cash flow: +17.9%
Total debt: −12.3%

Quarter to September 2026, against a year earlier

425.76 5.45 +1.30%

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Market cap: $779.4B
P/E: 32.9×
Fwd P/E: 28.6×
Dividend yield: 0.66%
F-score: 7/9
ROIC: 40.4%
Net debt / EBITDA: 0.2×
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Visa Inc. (V) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by regions, and margins
International	28,480	62.04%
UNITED STATES	17,423	37.96%
Gross margin		100.00%
Operating margin		61.24%
Pre-tax margin		61.20%

Revenue by product or service $m

Line	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Data processing revenue	14,438 49.26%	12,792 53.07%	10,975 50.24%	10,333 44.97%	9,027 43.80%	7,786 42.41%
Service revenue	13,361 45.59%	11,475 47.60%	9,804 44.88%	9,700 42.22%	8,918 43.27%	7,975 43.44%
International transaction revenue	9,815 33.49%	6,530 27.09%	6,299 28.83%	7,804 33.96%	7,211 34.99%	6,321 34.43%
Other revenue	1,991 6.79%	1,675 6.95%	1,432 6.55%	1,313 5.71%	944 4.58%	841 4.58%
Client incentives	(10,295) (35.12%)	(8,367) (34.71%)	(6,664) (30.50%)	(6,173) (26.87%)	(5,491) (26.64%)	(4,565) (24.87%)
Revenue	29,310	24,105	21,846	22,977	20,609	18,358

Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
International	28,480 62.04%	24,367 60.92%	21,146 58.86%	18,515 56.70%	16,459 56.15%	12,945 53.70%	11,721 53.65%	12,698 55.26%	11,277 54.72%	9,654 52.59%
UNITED STATES	17,423 37.96%	15,633 39.08%	14,780 41.14%	14,138 43.30%	12,851 43.85%	11,160 46.30%	10,125 46.35%	10,279 44.74%	9,332 45.28%	8,704 47.41%
Revenue	45,903	40,000	35,926	32,653	29,310	24,105	21,846	22,977	20,609	18,358

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Cross-border volume excluding intra-Europe	Q4 FY2026	14.0%	11.0%	—
Cross-border volume total	Q4 FY2026	14.0%	12.0%	—
Payments volume	Q4 FY2026	9.00%	9.00%	—
Processed transactions	Q4 FY2026	10.0%	10.0%	—
Remaining performance obligations	Q4 FY2026	$5.6B	$4.9B	+14.29%
Total processed transactions	Q4 FY2026	74.2B	67.7B	+9.60%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q4 FY2022	Q4 FY2021	Q4 FY2020
Cross-border volume excluding intra-Europe	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Cross-border volume total	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Payments volume	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Processed transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total processed transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.