StratGraph
Companies / Financials
V

Visa Inc.

Transaction & Payment Processing Services

Transaction & Payment Processing ServicesAnalysis in progress
In progress

We are decoding this company's strategy and relationships

New analyses are published every weekday. Founding members get them first.

Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health87
Growth70
Profitability100
Cash generationn/a
Balance sheetn/a
Dilution control93
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)14.4%Revenue growth (FY)14.8%Revenue CAGR (3y)12.0%Gross margin—Operating margin61.2%Net margin51.2%Free cash flow margin48.1%R&D / revenue—Stock comp / revenue2.0%Net debt / operating cash flow0.38xCurrent ratio0.97Diluted share count change—
Fiscal year endingFY 2022-09FY 2023-09FY 2024-09FY 2025-09FY 2026-09
Revenue$29.3B$32.7B$35.9B$40.0B$45.9B
Operating income$18.8B$21.0B$23.6B$24.0B$28.1B
Net income$15.0B$17.3B$19.7B$20.1B$23.5B
Operating cash flow$18.8B$20.8B$19.9B$23.1B$23.7B
Capital expenditure$970M$1.1B$1.3B$1.5B$1.7B
Free cash flow$17.9B$19.7B$18.7B$21.6B$22.1B
Stock-based comp$602M$765M$850M$897M$928M
Buybacks$11.6B$12.1B$16.7B$18.3B$20.5B
Dividends$3.2B$3.8B$4.2B$4.6B$5.1B
Cash$15.7B$16.3B$12.0B$17.2B$12.9B
Total debt$22.4B$20.5B$20.8B$25.2B$22.1B
Equity$35.6B$38.7B$39.1B$37.9B$36.1B

StratGraph publishes general, impersonal research about public companies based on public filings. It is not investment advice, not a recommendation to buy, sell or hold any security, and not tailored to any reader's circumstances. Content may contain errors and may be partly generated with AI tools; verify against the original filings, which are linked. Authors may not trade securities discussed within the window set by our trading policy. Full disclaimer.