Visa Inc.
VFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
9/30/2025
Revenue
40,000
Cost of Revenue
7,855
Gross Profit
32,145
Gross Margin
80.4%
Operating Income
23,994
Operating Margin
60.0%
Net Income
20,058
Net Margin
50.1%
EPS (Basic)
$10.22
EPS (Diluted)
$10.20
EBITDA
26,003
EBITDA Margin
65.0%
2024
9/30/2024
Revenue
35,926
Cost of Revenue
7,042
Gross Profit
28,884
Gross Margin
80.4%
Operating Income
23,595
Operating Margin
65.7%
Net Income
19,743
Net Margin
55.0%
EPS (Basic)
$9.74
EPS (Diluted)
$9.73
EBITDA
25,591
EBITDA Margin
71.2%
2023
9/30/2023
Revenue
32,653
Cost of Revenue
6,567
Gross Profit
26,086
Gross Margin
79.9%
Operating Income
21,000
Operating Margin
64.3%
Net Income
17,273
Net Margin
52.9%
EPS (Basic)
$8.29
EPS (Diluted)
$8.28
EBITDA
22,624
EBITDA Margin
69.3%
2022
9/30/2022
Revenue
29,310
Cost of Revenue
5,733
Gross Profit
23,577
Gross Margin
80.4%
Operating Income
18,813
Operating Margin
64.2%
Net Income
14,957
Net Margin
51.0%
EPS (Basic)
$7.01
EPS (Diluted)
$7.00
EBITDA
19,535
EBITDA Margin
66.6%
2021
9/30/2021
Revenue
24,105
Cost of Revenue
4,970
Gross Profit
19,135
Gross Margin
79.4%
Operating Income
15,804
Operating Margin
65.6%
Net Income
12,311
Net Margin
51.1%
EPS (Basic)
$5.63
EPS (Diluted)
$5.63
EBITDA
17,380
EBITDA Margin
72.1%