VISA INC. (V) FY2024 Annual P&L / Income Statement
2023-10-01 to 2024-09-30
Revenue by Product and Service
2023-10-01 to 2024-09-30
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VISA INC. (V) FY2024 Annual P&L / Income Statement
Income statement for 2023-10-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenue
- 35,926,000,000 US dollars
- Total operating expenses
- 12,331,000,000 US dollars
- Operating income
- 23,595,000,000 US dollars
- Total non-operating income (expense)
- 321,000,000 US dollars
- Income before income taxes
- 23,916,000,000 US dollars
- Income tax provision
- 4,173,000,000 US dollars
- Net income
- 19,743,000,000 US dollars
- Service revenue
- 16,114,000,000 US dollars
- Data processing revenue
- 17,714,000,000 US dollars
- International transaction revenue
- 12,665,000,000 US dollars
- Other revenue
- 3,197,000,000 US dollars
- Personnel
- 6,264,000,000 US dollars
- Marketing
- 1,560,000,000 US dollars
- Network and processing
- 778,000,000 US dollars
- Professional fees
- 635,000,000 US dollars
- Depreciation and amortization
- 1,034,000,000 US dollars
- General and administrative
- 1,598,000,000 US dollars
- Litigation provision
- 462,000,000 US dollars
- Revenue before reconciliation (calculated)
- 49,690,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Client incentives
- negative 13,764,000,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Operating margin
65.7%
Operating profit / revenue
Cash conversion
101.0%
Operating cash / net income, same period
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