Stocks Consumer discretionary V
NYSE · Consumer discretionaryVisa Inc. (V)
Visa Inc. brought in $43B of revenue over the twelve months to March 31, 2026, up 14.4% from a year earlier. Net income was $22.2B, a net margin of 51.7%. Operating cash flow minus capital spending left $21.6B of free cash flow in fiscal 2025. At March 31, 2026 it held $12.4B in cash against $24B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 29, 2026.
Key facts about Visa Inc.
- Net worth
- Visa Inc. has a market value (market cap) of $660.6B at the latest share price, and shareholders' equity of $35.7B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $40B (+11.3% year on year), with net income of $20.1B. Over the 12 months to March 31, 2026: revenue $43B, net income $22.2B.
- Cash flow
- In fiscal 2025 operations brought in $23.1B of cash; after $1.5B of capital spending, free cash flow was $21.6B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 29, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Visa Inc.'s next report is expected around October 27, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Visa Inc. declared dividends of $0.59 per share in fiscal 2025, a yield of 0.16% at the current price.
What Visa Inc. does
Visa operates a global electronic payments network that connects consumers, merchants, financial institutions, and government entities. It facilitates digital funds transfers by providing payment processing infrastructure, authorization, and clearing services for credit, debit, and prepaid cards. It is known for branded payment cards issued by banks. Its shares trade on NYSE under the ticker V.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $40B | $20.1B | n/a | $21.6B |
| 2024 | $35.9B | $19.7B | n/a | $18.7B |
| 2023 | $32.7B | $17.3B | n/a | $19.7B |
| 2022 | $29.3B | $15B | n/a | $17.9B |
| 2021 | $24.1B | $12.3B | n/a | $14.5B |
| 2020 | $21.8B | $10.9B | n/a | $9.7B |
Full financial statements: income, balance sheet and cash flow
Where V ranks in Consumer discretionary
Dividends
Visa Inc. declared $0.59 per share in fiscal 2025. At the current price that is a yield of 0.16%. It paid out $4.6B in cash dividends, 23% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.59 | $4.6B | 23% |
| 2024 | $0.52 | $4.2B | 21% |
| 2023 | $0.45 | $3.8B | 22% |
| 2022 | $0.38 | $3.2B | 21% |
| 2021 | $0.32 | $2.8B | 23% |
| 2020 | $0.30 | $2.7B | 25% |
Latest SEC filings
What Visa Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 23, 2026Other event 8-K
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026
- July 28, 2026
- July 15, 2026
- June 26, 2026Other event 8-K
- June 15, 2026Delisting notice 25-NSE
- May 12, 2026
- May 11, 2026Form SC TO-I/A filing SC TO-I/A
- May 11, 2026
- May 11, 2026Form 425 filing 425
Insider trades
What the people running Visa Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $35.5M worth of shares in the last 90 days and bought none on the open market. 22% of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Mcinerney RyanChief Executive Officer, Director | Exercised options | 5,875 | $791.7K |
| October 1, 2026 | Mcinerney RyanChief Executive Officer, Director | Soldpre-planned (10b5-1) | 5,875 | $2.1M |
| September 9, 2026 | Rottenberg Julie BGENERAL COUNSEL | Exercised options | 1,867 | $251.6K |
| September 9, 2026 | Rottenberg Julie BGENERAL COUNSEL | Soldpre-planned (10b5-1) | 1,867 | $687.7K |
| September 1, 2026 | Mcinerney RyanChief Executive Officer, Director | Exercised options | 5,875 | $791.7K |
| September 1, 2026 | Mcinerney RyanChief Executive Officer, Director | Soldpre-planned (10b5-1) | 5,875 | $2.2M |
| August 31, 2026 | Rottenberg Julie BGENERAL COUNSEL | Exercised options | 2,028 | $222.7K |
| August 31, 2026 | Rottenberg Julie BGENERAL COUNSEL | Soldpre-planned (10b5-1) | 2,028 | $773.4K |
Who owns V
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.35% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 4,563 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 137,669,061 | +1,478,114 |
| Vanguard Capital Management LLC | 106,150,500 | -854,668 |
| State Street Corp | 82,872,209 | +566,194 |
| Morgan Stanley | 45,960,354 | -19,596 |
| Geode Capital Management, LLC | 45,285,275 | +401,636 |
| Fmr LLC | 42,929,995 | -1,978,234 |
| Vanguard Portfolio Management LLC | 36,844,619 | -760,196 |
| Tci Fund Management Ltd | 30,494,133 | +26,000 |
| Capital World Investors | 28,269,307 | +3,091,106 |
| Capital International Investors | 24,443,349 | +733,786 |
| Bank of America Corp | 23,172,097 | +290,364 |
| Northern Trust Corp | 17,462,827 | -188,134 |
| Norges Bank | 16,215,161 | new |
| Goldman Sachs Group Inc | 15,837,579 | -241,041 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 15,720,068 | +1,808,496 |
| Alliancebernstein L.P. | 17,606,937 | -549,710 |
| Charles Schwab Investment Management Inc | 14,503,812 | +817,807 |
| Wells Fargo & Company | 13,864,137 | +5,604,962 |
| Jpmorgan Chase & Co | 13,151,058 | -479,369 |
| UBS Group AG | 12,696,659 | +648,489 |
Insiders
14 insiders reported holding 681,827 shares in total, about $252.1M at the last price.
| Holder | Shares |
|---|---|
| Mcinerney RyanChief Executive Officer, Director | 254,700239,526 held indirectly |
| Taneja RajatPRESIDENT, TECHNOLOGY | 232,112 |
| Mahon Tullier KellyVICE CHAIR, CHF PPL & CORP AFF | 49,662 |
| Fabara Paul DCHIEF RISK & CLIENT SVCS OFC | 37,314 |
| Fernandez-Carbajal Francisco JavierDirector | 33,237 |
| Rottenberg Julie BGENERAL COUNSEL | 18,404 |
| Suh ChrisCHIEF FINANCIAL OFFICER | 18,169 |
| Andreski Peter MGBL CORP CONTROLLER, CAO | 10,238 |
| Morrison Denise MDirector | 10,133 |
| Lundgren John FDirector | 9,769 |
Questions about V
What does Visa Inc. do?
Visa operates a global electronic payments network that connects consumers, merchants, financial institutions, and government entities. It facilitates digital funds transfers by providing payment processing infrastructure, authorization, and clearing services for credit, debit, and prepaid cards. It is known for branded payment cards issued by banks. Its shares trade on NYSE under the ticker V.
What is Visa Inc.'s net worth?
Visa Inc. has a market value (market cap) of $660.6B at the latest share price, and shareholders' equity of $35.7B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Visa Inc. profitable?
Yes. Over the twelve months to March 31, 2026 it reported net income of $22.2B on revenue of $43B, a net margin of 51.7%.
How much revenue does Visa Inc. make?
Over the twelve months to March 31, 2026 Visa Inc. reported revenue of $43B. That is 14.4% more than a year earlier.
When did Visa Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 29, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 2, 2026.
When is Visa Inc.'s next earnings report?
Visa Inc.'s next report is expected around October 27, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Visa Inc. pay a dividend?
Yes. Visa Inc. declared dividends of $0.59 per share in fiscal 2025, a yield of 0.16% at the current price.
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Follow V: get an email when it filesWhere the numbers come from
Financial figures are the values Visa Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.