Gross Profit for Visa (V)
According to Visa's latest reported financial statements, the company's current gross profit (TTM) is $33.56B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

V
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$33.56B
YoY change
+11.3%
5Y CAGR
+13.1%
Peak year (2025)
$32.15B
Cumulative gross profit
$282.71B
Gross Profit history chart for Visa (V) from 2003 to 2025
Gross Profit history table for Visa (V) from 2003 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $32.15B | +11.3% | ||
| 2024 | $28.88B | +10.7% | ||
| 2023 | $26.09B | +10.6% | ||
| 2022 | $23.58B | +23.2% | ||
| 2021 | $19.14B | +10.4% | ||
| 2020 | $17.33B | -7.9% | ||
| 2019 | $18.81B | +12.3% | ||
| 2018 | $16.75B | +10.9% | ||
| 2017 | $15.11B | +22.7% | ||
| 2016 | $12.32B | +8.7% | ||
| 2015 | $11.33B | +9.8% | ||
| 2014 | $10.32B | +10.0% | ||
| 2013 | $9.38B | +13.2% | ||
| 2012 | $8.28B | +12.3% | ||
| 2011 | $7.37B | +14.9% | ||
| 2010 | $6.42B | +21.3% | ||
| 2009 | $5.29B | +12.0% | ||
| 2008 | $4.72B | +88.8% | ||
| 2007 | $2.50B | +28.4% | ||
| 2006 | $1.95B | +14.2% | ||
| 2005 | $1.71B | +30.9% | ||
| 2004 | $1.30B | -34.1% | ||
| 2003 | $1.98B | — |
Gross Profit values are taken from Visa's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Visa (V) gross profit totalled $32.15B – grew 11.3% year-over-year.
Visa gross profit has grown for 5 consecutive years, with a +13.1% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum gross profit sits at $32.15B (2025); the minimum reading of $1.30B dates to 2004.
Among 8 Financial Services peers, Visa (V) ranks 8th; the peer median for gross profit is $77.51B.
Visa Gross Profit by Year
Visa Gross Profit 2025: $32.15B
Visa gross profit in 2025 was $32.15B, grew 11.3% from 2024. This figure represents the highest annual value in the available history.
Visa Gross Profit 2024: $28.88B
Visa gross profit in 2024 was $28.88B, grew 10.7% from 2023.
Visa Gross Profit 2023: $26.09B
Visa gross profit in 2023 was $26.09B, grew 10.6% from 2022.
Visa Gross Profit 2022: $23.58B
Visa gross profit in 2022 was $23.58B, grew 23.2% from 2021.
Visa Gross Profit 2021: $19.14B
Visa gross profit in 2021 was $19.14B.
See more financial history for Visa (V).
Sector peers — Gross Profit
Companies in the same sector as Visa, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Citigroup Inc. (C) | $74.98B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is Visa's gross profit?
- Latest reported gross profit for Visa (V) is $33.56B (period ending December 31, 2025).
How has Visa gross profit changed year-over-year?
- Visa (V) gross profit changed +11.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Visa gross profit?
- Visa (V) gross profit compound annual growth rate is +13.1% over the most recent 5 years available.
When did Visa gross profit hit its highest annual value?
- Visa gross profit reached its highest annual value of $32.15B in 2025.
What was Visa gross profit in 2024?
- Visa (V) gross profit in 2024 was $28.88B.
What was Visa gross profit in 2025?
- Visa (V) gross profit in 2025 was $32.15B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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