VISA INC. (V) FY2026 YTD Q2 P&L / Income Statement
2025-10-01 to 2026-03-31
Revenue by Product and Service
2025-10-01 to 2026-03-31
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VISA INC. (V) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2025-10-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net revenue
- 22,131,000,000 US dollars
- Total operating expenses
- 8,160,000,000 US dollars
- Operating income
- 13,971,000,000 US dollars
- Total non-operating income (expense)
- negative 71,000,000 US dollars
- Income before income taxes
- 13,900,000,000 US dollars
- Income tax provision
- 2,026,000,000 US dollars
- Net income
- 11,874,000,000 US dollars
- Service revenue
- 9,741,000,000 US dollars
- Data processing revenue
- 11,087,000,000 US dollars
- International transaction revenue
- 7,283,000,000 US dollars
- Other revenue
- 2,534,000,000 US dollars
- Personnel
- 3,605,000,000 US dollars
- Marketing
- 955,000,000 US dollars
- Network and processing
- 493,000,000 US dollars
- Professional fees
- 446,000,000 US dollars
- Depreciation and amortization
- 659,000,000 US dollars
- General and administrative
- 965,000,000 US dollars
- Litigation provision
- 1,037,000,000 US dollars
- Revenue before reconciliation (calculated)
- 30,645,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Client incentives
- negative 8,514,000,000 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
63.1%
Operating profit / revenue
Cash conversion
82.4%
Operating cash / net income, same period
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