Visa Inc. (V) Earnings History
Growth Compounder21 years of earnings data (2005–2025) · Consistent double-digit EPS growth over 5 years
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Visa Inc. (V) Earnings Overview
As of June 23, 2026, Visa Inc. (V) reported trailing twelve-month net income of $22.24B, reflecting +4.8% year-over-year growth. The company earned $11.50 per diluted share over the past four quarters, with a net profit margin of 50.1%.
Looking at the long-term picture, V's 5-year EPS compound annual growth rate (CAGR) stands at +15.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $20.06B in fiscal 2025, representing a new all-time high.
Visa Inc. maintains industry-leading profitability with a gross margin of 80.4%, operating margin of 60.0%, and net margin of 50.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MA ($15.57B net income, 45.6% margin), AXP ($11.22B net income, 13.5% margin), PYPL ($5.06B net income, 15.8% margin), V has outperformed on profitability metrics. Compare V vs MA →
V Earnings vs Peers
Earnings metrics vs comparable public companies
V Historical Earnings Data (2005–2025)
21 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $20.06B | +1.6% | $23.99B | $10.20 | 50.1% | 60.0% |
| 2024 | $19.74B | +14.3% | $23.59B | $9.73 | 55.0% | 65.7% |
| 2023 | $17.27B | +15.5% | $21.00B | $8.28 | 52.9% | 64.3% |
| 2022 | $14.96B | +21.5% | $18.81B | $7.00 | 51.0% | 64.2% |
| 2021 | $12.31B | +13.3% | $15.80B | $5.63 | 51.1% | 65.6% |
| 2020 | $10.87B | -10.0% | $14.08B | $4.89 | 49.7% | 64.5% |
| 2019 | $12.08B | +17.3% | $15.00B | $5.32 | 52.6% | 65.3% |
| 2018 | $10.30B | +53.8% | $12.95B | $4.42 | 50.0% | 62.9% |
| 2017 | $6.70B | +11.8% | $12.14B | $2.80 | 36.5% | 66.2% |
| 2016 | $5.99B | -5.3% | $7.88B | $2.48 | 39.7% | 52.3% |
| 2015 | $6.33B | +16.4% | $9.06B | $2.58 | 45.6% | 65.3% |
| 2014 | $5.44B | +9.2% | $7.70B | $2.15 | 42.8% | 60.6% |
| 2013 | $4.98B | +132.3% | $7.24B | $1.90 | 42.3% | 61.5% |
| 2012 | $2.14B | -41.3% | $2.14B | $0.56 | 20.6% | 20.5% |
| 2011 | $3.65B | +23.1% | $5.46B | $0.89 | 39.7% | 59.4% |
| 2010 | $2.97B | +26.1% | $4.59B | $0.68 | 36.8% | 56.9% |
| 2009 | $2.35B | +192.7% | $3.54B | $0.78 | 34.0% | 51.2% |
| 2008 | $804M | +174.7% | $1.23B | $0.24 | 12.8% | 19.7% |
| 2007 | -$1.08B | -336.7% | -$1.45B | $-0.38 | -30.0% | -40.4% |
| 2006 | $455M | +71.7% | $730M | $0.16 | 15.4% | 24.8% |
| 2005 | $265M | - | $453M | $0.13 | 9.9% | 17.0% |
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V — Frequently Asked Questions
Quick answers to the most common questions about buying V stock.
What is V earnings per share (EPS)?
V trailing twelve-month (TTM) diluted EPS is $11.50, reflecting +4.8% year-over-year growth. The 5-year EPS CAGR is +15.8%. Complete EPS history from 2005 to 2025 is available in the table on this page.
What is Visa Inc.'s net income?
Visa Inc. (V) trailing twelve-month net income is $22.2B as of 2025. Earnings grew +4.8% year-over-year. Visa Inc. has been profitable for 18 consecutive years.
Is V profitable?
Yes, V is profitable with a TTM net income of $22.2B and a net profit margin of +50.1%. Visa Inc. has generated profits for 18 consecutive years.
What is V's earnings growth rate?
V compound annual EPS growth rates (CAGR): 1-Year: +4.8%, 3-Year: +13.4%, 5-Year: +15.8%, 10-Year: +14.7%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2005 to 2025.
What are V's profit margins?
Visa Inc. net profit margin is +50.1%, operating margin is +60.0%, and gross margin is +80.4%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +52.1%.
Is V growing earnings?
V earnings growth is slowing. Current YoY EPS growth of +4.8% trails the 5-year CAGR of +15.8%. TTM net income is $22.2B.
What was V's best earnings year?
Visa Inc.'s highest annual net income on record is $20.1B, achieved in fiscal year 2025. Earnings history on this page spans 2005 to 2025 and includes all annual and quarterly figures.
What were V's earnings last quarter?
V's most recent reported quarter was Q2 2026. Net income was $6.0B with diluted EPS of $3.14. For a full breakdown of all quarters, see the quarterly earnings table on this page.