VISA INC. (V) FY2024 Annual P&L / Income Statement

Revenue by Product and Service

2023-10-01 to 2024-09-30

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VISA INC. (V) FY2024 Annual P&L / Income StatementIncome statement for 2023-10-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETData processing revenueService revenueInternational transaction revenueOther revenueNet revenueRevenue before reconciliation (calculated)Client incentivesOperating incomeTotal operating expensesPersonnelGeneral and administrativeMarketingDepreciation and amortizationNetwork and processingProfessional feesLitigation provisionTotal non-operating income (expense)Income before income taxesNet incomeIncome tax provisionTotal non-operating income (expense)Total non-operatingincome (expense)$321.00 MRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$49.69 BIncome before income taxesPretax income$23.92 BNet revenueNet revenue$35.93 BOperating incomeOperating income$23.60 BData processing revenueData processing revenue$17.71 BNet incomeNet income$19.74 BService revenueService revenue$16.11 BTotal operating expensesTotal operatingexpenses$12.33 BIncome tax provisionIncome taxes$4.17 BPersonnelPersonnel$6.26 BInternational transaction revenueInternational transaction revenue$12.67 BGeneral and administrativeGeneral and administrative$1.60 BMarketingMarketing$1.56 BOther revenueOther revenue$3.20 BClient incentivesClient incentives−$13.76 BDepreciation and amortizationDepreciation and amortization$1.03 BNetwork and processingNetwork and processing$778.00 MProfessional feesProfessional fees$635.00 MLitigation provisionLitigation provision$462.00 M
Chart details

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.
VISA INC. (V) FY2024 Annual P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

65.7%

Operating profit / revenue

Cash conversion

101.0%

Operating cash / net income, same period

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