Financials · Transaction & Payment Processing Services

Visa: revenue, profit and dividends

In fiscal 2026, Visa had revenue of $45.9B, up 11.8% a year on average since 2016, and net income of $23.5B (51.2% of revenue). Its dividend per share has gone up 5 years in a row, to $2.68.

Revenue, fiscal 2026

$45.9B+11.8% a year

average annual revenue growth since 2016 · +14.8% vs 2025

Net income, 2026

$23.5B

51.2% of revenue

Dividend per share, 2026

$2.68

raised 5 years in a row

Revenue growth, 5 years

13.7% a year

since 2021

Free cash flow, 2026

$22.1B

$23.7B from operations − $1.67B capex

Ticker: V · NYSE
Sector: Financials
Sub-industry: Transaction & Payment Processing Services
Headquarters: San Francisco, California
Founded: 1958
In the S&P 500 since: December 21, 2009
Latest fiscal year: 2026, ended September 30, 2026
SEC filer: Visa Inc. · CIK 0001403161

Revenue and net income

Revenue went from $3.59B in 2007 to $45.9B in 2026. Net loss in 2007.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Dividends per share

Raised 5 years in a row, every year from 2022 to 2026. Ten-year growth: 34.3% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $22.1B in 2026, 48.1% of revenue.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Dividend	Operating cash flow	Capex	Free cash flow
2026	$45.9B	$23.5B	51.2%	$2.68*	$23.7B	$1.67B	$22.1B
2025	$40B	$20.1B	50.1%	$2.36*	$23.1B	$1.48B	$21.6B
2024	$35.9B	$19.7B	55.0%	$2.08*	$19.9B	$1.26B	$18.7B
2023	$32.7B	$17.3B	52.9%	$1.80*	$20.8B	$1.06B	$19.7B
2022	$29.3B	$15B	51.0%	$1.50*	$18.8B	$970M	$17.9B
2021	$24.1B	$12.3B	51.1%	$0.32	$15.2B	$705M	$14.5B
2020	$21.8B	$10.9B	49.7%	$1.20*	$10.4B	$736M	$9.7B
2019	$23B	$12.1B	52.6%	$1.00*	$12.8B	$756M	$12B
2018	$20.6B	$10.3B	50.0%	$0.82*	$12.9B	$718M	$12.2B
2017	$18.4B	$6.7B	36.5%	$0.17	$9.32B	$707M	$8.61B
2016	$15.1B	$5.99B	39.7%	$0.14	$5.57B	$523M	$5.05B
2015	$13.9B	$6.33B	45.6%	$0.12	$6.58B	$414M	$6.17B
2014	$12.7B	$5.44B	42.8%	$0.10	$7.21B	$553M	$6.65B
2013	$11.8B	$4.98B	42.3%	$0.08	$3.02B	$471M	$2.55B
2012	$10.4B	$2.14B	20.6%	$0.22	$5.01B	$376M	$4.63B
2011	$9.19B	$3.65B	39.7%	$0.15	$3.87B	$353M	$3.52B
2010	$8.06B	$2.97B	36.8%	$0.12	$2.69B	$241M	$2.45B
2009	$6.91B	$2.35B	34.0%	$0.10	$558M	$306M	$252M
2008	$6.26B	$804M	12.8%	$0.10	$531M	$415M	$116M
2007	$3.59B	−$1.08B	−30.0%	—	$505M	$160M	$345M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data. * added up from quarterly reports.

About these figures

Not in the filings data: diluted EPS, share counts.
Dividends per share for 2018–2020, 2022–2026 are added up from the quarterly reports. For 2019–2020, 2022–2026 the annual figure filed was a single quarter’s dividend.
Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.