Visa Inc. (V) quarterly cash flow statement — complete operating, investing & financing history
Visa Inc. (V) cash flow statement — 21-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 6.55B | 3.01B | 6.78B | 6.24B | 6.73B | 4.7B | 5.4B | 6.66B | 5.13B | 4.54B | 3.61B | 6.93B | 5.8B | 3.86B | 4.17B | 5.88B | 5.25B | 3.49B | 4.23B | 3.97B |
| Operating CF Growth % | -2.62% | -35.93% | 25.65% | -6.39% | 31.09% | 3.46% | 49.31% | -3.8% | -11.44% | 17.56% | -13.35% | 17.89% | 10.38% | 10.63% | -1.44% | 47.97% | 18.98% | 4.81% | 20.47% | 89.46% |
| Net Income | 5.63B | 6.02B | 5.85B | 5.09B | 5.27B | 4.58B | 5.12B | 5.32B | 4.87B | 4.66B | 4.89B | 4.68B | 4.16B | 4.26B | 4.18B | 3.94B | 3.41B | 3.65B | 3.96B | 3.58B |
| Depreciation & Amortization | 367M | 333M | 326M | 316M | 317M | 305M | 282M | 274M | 264M | 249M | 247M | 247M | 235M | 234M | 227M | 226M | 230M | 207M | 198M | 202M |
| Deferred Taxes | -656M | 453M | -435M | -195M | 433M | -124M | 38M | -1M | -31M | -127M | 59M | -230M | -99M | -22M | -132M | -133M | -224M | 36M | -15M | -108M |
| Other Non-Cash Items | 4.6B | 4.24B | 4.29B | 4.22B | 4.01B | 3.77B | 3.9B | 3.63B | 3.6B | 3.3B | 3.33B | 3.34B | 3.09B | 2.99B | 2.86B | 2.95B | 2.79B | 2.58B | 2.1B | 2.15B |
| Working Capital Changes | -3.61B | -8.31B | -3.49B | -3.38B | -3.53B | -4.09B | -4.17B | -2.75B | -3.78B | -3.79B | -5.12B | -1.28B | -1.78B | -3.82B | -3.14B | -1.24B | -1.11B | -3.17B | -2.14B | -1.97B |
| Cash from Investing | -238M | -878M | 361M | 304M | -256M | -130M | 790M | 584M | 555M | -1.18B | -1.89B | -1.19B | 17M | -325M | -510M | 107M | -2.06B | -1.78B | -547M | -1.7B |
| Purchase of Investments | -69M | -50M | -5M | -27M | -17M | -18M | -6M | -212M | -762M | -946M | -2.75B | -1.59B | -341M | -542M | -2.02B | -1.6B | -2.48B | -1.01B | -988M | -1.91B |
| Sale/Maturity of Investments | 255M | 300M | 725M | 556M | 200M | 226M | 2.04B | 1.15B | 1.72B | 1.01B | 1.14B | 750M | 650M | 450M | 1.71B | 2B | 605M | 601M | 1.37B | 415M |
| Net Investment Activity | 186M | 250M | 720M | 529M | 183M | 208M | 2.04B | 935M | 959M | 62M | -1.62B | -836M | 309M | -92M | -303M | 405M | -1.88B | -414M | 386M | -1.49B |
| Acquisitions | 0 | -705M | 0 | 0 | 0 | 19M | -906M | 0 | 0 | -915M | 0 | 0 | 0 | 0 | 0 | -3M | 0 | -1.11B | -832M | 0 |
| Other Investing | -7M | -40M | 19M | 164M | -18M | -30M | 5M | -42M | -4M | -42M | -5M | -47M | 3M | -23M | 42M | 0 | 47M | 9M | 72M | 4M |
| Cash from Financing | -6.14B | -6.41B | -8.99B | -6B | -1.83B | -5.66B | -5.47B | -7.07B | -5.31B | -3.87B | -4.38B | -4.58B | -3.92B | -2.93B | -6.35B | -4.04B | -289M | -3.4B | -4.97B | -3.62B |
| Dividends Paid | -1.27B | -1.29B | -1.29B | -1.15B | -1.15B | -1.16B | -1.17B | -1.04B | -1.06B | -1.06B | -1.06B | -928M | -937M | -941M | -945M | -794M | -798M | -802M | -809M | -696M |
| Share Repurchases | -4.8B | -7.9B | -3.73B | -4.93B | -4.78B | -4.6B | -4.01B | -5.85B | -4.53B | -2.76B | -3.58B | -3.75B | -3.04B | -2.19B | -3.12B | -2.1B | -2.43B | -2.95B | -4.1B | -2.97B |
| Stock Issued | 71M | 0 | 0 | 55M | 95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -4.73B | -7.9B | -3.73B | -4.87B | -4.69B | -4.6B | -4.01B | -5.85B | -4.53B | -2.76B | -3.58B | -3.75B | -3.04B | -2.19B | -3.12B | -2.1B | -2.43B | -2.95B | -4.1B | -2.97B |
| Debt Issuance (Net) | -1000K | 1000K | 0 | -1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 1000K | 1000K | 0 | 0 |
| Other Financing | -68M | -219M | -3.97B | 3.94B | 89M | -19M | -294M | -161M | 188M | -56M | 261M | 99M | 59M | 209M | -37M | -186M | 24M | 51M | -54M | 44M |
| Net Change in Cash | 62M | -4.47B | -1.81B | -673M | 5.3B | -830M | 203M | 487M | 328M | -688M | -2.35B | 951M | 1.91B | 745M | -1.99B | 1.38B | 2.48B | -1.81B | -1.48B | -1.48B |
| Exchange Rate Effect | -110M | -190M | 34M | -1.22B | 659M | 265M | -508M | 308M | -50M | -176M | 300M | -208M | 16M | 136M | 692M | -562M | -420M | -111M | -194M | -129M |
| Cash at Beginning | 18.71B | 23.18B | 24.99B | 20.83B | 19.14B | 19.97B | 19.76B | 19.28B | 18.95B | 19.64B | 21.99B | 21.04B | 19.13B | 18.38B | 20.38B | 19B | 16.52B | 18.32B | 19.8B | 21.27B |
| Cash at End | 18.77B | 18.71B | 23.18B | 20.15B | 24.44B | 19.14B | 19.97B | 19.76B | 19.28B | 18.95B | 19.64B | 21.99B | 21.04B | 19.13B | 18.38B | 20.38B | 19B | 16.52B | 18.32B | 19.8B |
| Interest Paid | 339M | 48M | 213M | -539M | 278M | 48M | 213M | 49M | 273M | 48M | 213M | 49M | 275M | 49M | 244M | 59M | 244M | 60M | 244M | 60M |
| Income Taxes Paid | 903M | 2.69B | 1.29B | -3.59B | 532M | 1.86B | 1.19B | 1.08B | 1.04B | 2.15B | 1.5B | 420M | 378M | 1.91B | 721M | 850M | 784M | 1.84B | 268M | 878M |
| Free Cash Flow | 6.14B | 2.63B | 6.4B | 5.85B | 6.31B | 4.37B | 5.05B | 6.36B | 4.73B | 4.26B | 3.35B | 6.62B | 5.5B | 3.65B | 3.92B | 5.58B | 5.02B | 3.22B | 4.06B | 3.76B |
| FCF Growth % | -2.73% | -39.9% | 26.75% | -7.96% | 33.27% | 2.61% | 50.91% | -4.03% | -13.96% | 16.63% | -14.66% | 18.65% | 9.67% | 13.28% | -3.38% | 48.31% | 18.47% | 1.61% | 21.06% | 95.18% |