VISA INC. (V) FY2024 Q3 P&L / Income Statement

Revenue by Product and Service

2024-04-01 to 2024-06-30

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VISA INC. (V) FY2024 Q3 P&L / Income StatementIncome statement for 2024-04-01 through 2024-06-30. 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)$51.00 MRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$12.43 BIncome before income taxesPretax income$5.99 BNet revenueNet revenue$8.90 BOperating incomeOperating income$5.94 BNet incomeNet income$4.87 BData processing revenueData processing revenue$4.49 BService revenueService revenue$3.97 BTotal operating expensesTotal operatingexpenses$2.96 BIncome tax provisionIncome taxes$1.12 BPersonnelPersonnel$1.57 BInternational transaction revenueInternational transaction revenue$3.19 BGeneral and administrativeGeneral and administrative$382.00 MMarketingMarketing$378.00 MOther revenueOther revenue$780.00 MClient incentivesClient incentives−$3.53 BDepreciation and amortizationDepreciation and amortization$264.00 MNetwork and processingNetwork and processing$200.00 MProfessional feesProfessional fees$152.00 MLitigation provisionLitigation provision$13.00 M
Chart details

VISA INC. (V) FY2024 Q3 P&L / Income Statement

Income statement for 2024-04-01 through 2024-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue
8,900,000,000 US dollars
Total operating expenses
2,962,000,000 US dollars
Operating income
5,938,000,000 US dollars
Total non-operating income (expense)
51,000,000 US dollars
Income before income taxes
5,989,000,000 US dollars
Income tax provision
1,117,000,000 US dollars
Net income
4,872,000,000 US dollars
Service revenue
3,967,000,000 US dollars
Data processing revenue
4,489,000,000 US dollars
International transaction revenue
3,194,000,000 US dollars
Other revenue
780,000,000 US dollars
Personnel
1,573,000,000 US dollars
Marketing
378,000,000 US dollars
Network and processing
200,000,000 US dollars
Professional fees
152,000,000 US dollars
Depreciation and amortization
264,000,000 US dollars
General and administrative
382,000,000 US dollars
Litigation provision
13,000,000 US dollars
Revenue before reconciliation (calculated)
12,430,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Client incentives
negative 3,530,000,000 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 Q3 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

66.7%

Operating profit / revenue

Cash conversion

105.4%

Operating cash / net income, same period

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