VISA INC. (V) FY2026 Q1 P&L / Income Statement
2025-10-01 to 2025-12-31
Revenue by Product and Service
2025-10-01 to 2025-12-31
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VISA INC. (V) FY2026 Q1 P&L / Income Statement
Income statement for 2025-10-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenue
- 10,901,000,000 US dollars
- Total operating expenses
- 4,164,000,000 US dollars
- Operating income
- 6,737,000,000 US dollars
- Total non-operating income (expense)
- negative 11,000,000 US dollars
- Income before income taxes
- 6,726,000,000 US dollars
- Income tax provision
- 873,000,000 US dollars
- Net income
- 5,853,000,000 US dollars
- Service revenue
- 4,760,000,000 US dollars
- Data processing revenue
- 5,544,000,000 US dollars
- International transaction revenue
- 3,652,000,000 US dollars
- Other revenue
- 1,214,000,000 US dollars
- Personnel
- 1,764,000,000 US dollars
- Marketing
- 410,000,000 US dollars
- Network and processing
- 233,000,000 US dollars
- Professional fees
- 208,000,000 US dollars
- Depreciation and amortization
- 326,000,000 US dollars
- General and administrative
- 515,000,000 US dollars
- Litigation provision
- 708,000,000 US dollars
- Revenue before reconciliation (calculated)
- 15,170,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Client incentives
- negative 4,269,000,000 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
61.8%
Operating profit / revenue
Cash conversion
115.8%
Operating cash / net income, same period
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