Operating Income for Visa (V)
According to Visa's latest reported financial statements, the company's current operating income (TTM) is $24.50B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
V
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$24.50B
YoY change
+1.7%
5Y CAGR
+11.2%
Peak year (2025)
$23.99B
Cumulative operating income
$205.04B
Operating Income history chart for Visa (V) from 2003 to 2025
Operating Income history table for Visa (V) from 2003 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $23.99B | +1.7% | ||
| 2024 | $23.59B | +12.4% | ||
| 2023 | $21.00B | +11.6% | ||
| 2022 | $18.81B | +19.0% | ||
| 2021 | $15.80B | +12.2% | ||
| 2020 | $14.08B | -6.1% | ||
| 2019 | $15.00B | +15.8% | ||
| 2018 | $12.95B | +6.7% | ||
| 2017 | $12.14B | +54.1% | ||
| 2016 | $7.88B | -13.0% | ||
| 2015 | $9.06B | +17.8% | ||
| 2014 | $7.70B | +6.3% | ||
| 2013 | $7.24B | +238.4% | ||
| 2012 | $2.14B | -60.8% | ||
| 2011 | $5.46B | +18.9% | ||
| 2010 | $4.59B | +29.7% | ||
| 2009 | $3.54B | +187.2% | ||
| 2008 | $1.23B | -185.0% | ||
| 2007 | -$1.45B | -298.7% | ||
| 2006 | $729.67M | +61.1% | ||
| 2005 | $452.92M | -10.2% | ||
| 2004 | $504.28M | -135.6% | ||
| 2003 | -$1.42B | — |
Operating Income 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
The 2025 reading of Visa (V) operating income is $23.99B – edged up 1.7% year-over-year.
Visa operating income compound annual growth for the 2020–2025 (5 years) window is +11.2%, sustaining 5 straight years of year-over-year growth.
2025 marks the peak operating income at $23.99B, with the historical low of -$1.45B recorded in 2007.
Within Financial Services, Visa (V) ranks 5th among 8 peers we track. The peer median for operating income is $23.58B.
Visa Operating Income by Year
Visa Operating Income 2025: $23.99B
Visa operating income in 2025 was $23.99B, edged up 1.7% from 2024. This figure represents the highest annual value in the available history.
Visa Operating Income 2024: $23.59B
Visa operating income in 2024 was $23.59B, grew 12.4% from 2023.
Visa Operating Income 2023: $21.00B
Visa operating income in 2023 was $21.00B, grew 11.6% from 2022.
Visa Operating Income 2022: $18.81B
Visa operating income in 2022 was $18.81B, grew 19.0% from 2021.
Visa Operating Income 2021: $15.80B
Visa operating income in 2021 was $15.80B.
See more financial history for Visa (V).
Sector peers — Operating Income
Companies in the same sector as Visa, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Citigroup Inc. (C) | $19.83B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Visa's operating income?
- Latest reported operating income for Visa (V) is $24.50B (period ending December 31, 2025).
How has Visa operating income changed year-over-year?
- Visa (V) operating income changed +1.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Visa operating income?
- Visa (V) operating income compound annual growth rate is +11.2% over the most recent 5 years available.
When did Visa operating income hit its highest annual value?
- Visa operating income reached its highest annual value of $23.99B in 2025.
What was Visa operating income in 2024?
- Visa (V) operating income in 2024 was $23.59B.
What was Visa operating income in 2025?
- Visa (V) operating income in 2025 was $23.99B.
Metrics overview
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