Latest period
$1.57B
YoY change
+17.9%
5Y CAGR
+15.0%
Peak year (2025)
$1.48B
Cumulative CapEx
$13.20B
CapEx history chart for Visa (V) from 2004 to 2025
Latest: $1.48B
CapEx growth chart for Visa (V) from 2004 to 2025
Latest: +17.9%
CapEx history table for Visa (V) from 2004 to 2025
| 2025 | $1.48B | +17.9% | +$225.00M | ||
| 2024 | $1.26B | +18.7% | +$198.00M | ||
| 2023 | $1.06B | +9.2% | +$89.00M | ||
| 2022 | $970.00M | +37.6% | +$265.00M | ||
| 2021 | $705.00M | -4.2% | −$31.00M | ||
| 2020 | $736.00M | -2.6% | −$20.00M | ||
| 2019 | $756.00M | +5.3% | +$38.00M | ||
| 2018 | $718.00M | +1.6% | +$11.00M | ||
| 2017 | $707.00M | +35.2% | +$184.00M | ||
| 2016 | $523.00M | +26.3% | +$109.00M | ||
| 2015 | $414.00M | -25.1% | −$139.00M | ||
| 2014 | $553.00M | +17.4% | +$82.00M | ||
| 2013 | $471.00M | +25.3% | +$95.00M | ||
| 2012 | $376.00M | +6.5% | +$23.00M | ||
| 2011 | $353.00M | +46.5% | +$112.00M | ||
| 2010 | $241.00M | -21.2% | −$65.00M | ||
| 2009 | $306.00M | -26.3% | −$109.00M | ||
| 2008 | $415.00M | +159.4% | +$255.04M | ||
| 2007 | $159.96M | — | +$159.96M | ||
| 2006 | $0.00 | -100.0% | −$119.27M | ||
| 2005 | $119.27M | -2.4% | −$2.94M | ||
| 2004 | $122.21M | — | — |
- 2025$1.48B+17.9%
- 2024$1.26B+18.7%
- 2023$1.06B+9.2%
- 2022$970.00M+37.6%
- 2021$705.00M-4.2%
- 2020$736.00M-2.6%
- 2019$756.00M+5.3%
- 2018$718.00M+1.6%
- 2017$707.00M+35.2%
- 2016$523.00M+26.3%
- 2015$414.00M-25.1%
- 2014$553.00M+17.4%
- 2013$471.00M+25.3%
- 2012$376.00M+6.5%
- 2011$353.00M+46.5%
- 2010$241.00M-21.2%
- 2009$306.00M-26.3%
- 2008$415.00M+159.4%
- 2007$159.96M—
- 2006$0.00-100.0%
- 2005$119.27M-2.4%
- 2004$122.21M—
CapEx values are taken from Visa's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Visa (V)
According to Visa's latest reported financial statements, the company's current CapEx (TTM) is $1.57B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual CapEx for Visa (V) came in at $1.48B – grew 17.9% year-over-year.
Visa CapEx compound annual growth for the 2020–2025 (5 years) window is +15.0%, sustaining 4 straight years of year-over-year growth.
2025 marks the peak CapEx at $1.48B, with the historical low of $0.00 recorded in 2006.
Visa Capital Expenditures by Year
Visa Capital Expenditures 2025: $1.48B
In 2025, Visa reported CapEx of $1.48B, grew 17.9% from 2024. This figure represents the highest annual value in the available history.
Visa Capital Expenditures 2024: $1.26B
Visa CapEx in 2024 was $1.26B, grew 18.7% from 2023.
Visa Capital Expenditures 2023: $1.06B
2023's CapEx for Visa came in at $1.06B, grew 9.2% from 2022.
Visa Capital Expenditures 2022: $970.00M
Visa posted CapEx of $970.00M in 2022, surged 37.6% from 2021.
Visa Capital Expenditures 2021: $705.00M
Visa CapEx in 2021 was $705.00M.
See more financial history for Visa (V).
Sector peers by CapEx
Financial Services peers of Visa (V), ranked by their latest CapEx
| $20.93B | |
| $6.52B | |
| $2.90B | |
| $2.06B | |
| $489.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $20.93B
- $6.52B
- $2.90B
- $2.06B
- $489.00M
- $0.00
- $0.00
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