← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Visa: Revenue grew 11.3% to $40B from $35.926B. Net income grew 1.6% to $20.058B from $19.743B. Free cash flow grew 15.4% to $21.577B from $18.693B. Operating margin contracted 570 bps to 59.98%. Visa's annual comparison also shows capital spending grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 11.3%OK
- Profitability — Net income grew 1.6% to $20.058B from $19.743BOK
- Cash flow — Free cash flow grew 15.4% to $21.577B from $18.693BOK
- Margins — Operating margin contracted 570 bps to 59.98%Watch
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 19 salesWatch
Business
Visa operates a global payments network and provides value-added payment services.
Where the revenue comes from
Fiscal 2025, as VISA INC. reports it. History and quarterly detail are in the app.
- Data processing revenue$20.0B
- Service revenue$17.5B
- International transaction revenue$14.2B
- Value-Added Services$10.9B
- Other revenue$4.1B
Leadership changes
From VISA INC.'s own filings, the day they're filed.
- Alfred F. Kelly Jr · departureeff. 2023-10-16
- Chris Suh · President · appointmenteff. 2023-08-01
- Vasant Prabhu · CFO · departure
Latest filings
- 10-Q · Quarterly report2026-07-29
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-07-15
- 8-K · Company announcement2026-06-26
- 8-K · Company announcement2026-05-12
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about VISA INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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