Visa Inc. (V) Revenue History
Annual and quarterly revenue from 2005 to present
V Revenue Over Time (2005–2025)
V Revenue Growth History
19 of 20 years with positive growth- FY2005 revenue growth
- N/A
- FY2006 revenue growth
- +10.6%
- FY2007 revenue growth
- +21.8%
- FY2008 revenue growth
- +74.5%
- FY2009 revenue growth
- +10.3%
- FY2010 revenue growth
- +16.7%
- FY2011 revenue growth
- +13.9%
- FY2012 revenue growth
- +13.4%
- FY2013 revenue growth
- +13.0%
- FY2014 revenue growth
- +7.8%
- FY2015 revenue growth
- +9.3%
- FY2016 revenue growth
- +8.7%
- FY2017 revenue growth
- +21.7%
- FY2018 revenue growth
- +12.3%
- FY2019 revenue growth
- +11.5%
- FY2020 revenue growth
- -4.9%
- FY2021 revenue growth
- +10.3%
- FY2022 revenue growth
- +21.6%
- FY2023 revenue growth
- +11.4%
- FY2024 revenue growth
- +10.0%
- FY2025 revenue growth
- +11.3%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11.23B | — |
| Q1 2026 | $10.90B | — |
| Q4 2025 | $10.72B | — |
| Q3 2025 | $10.17B | — |
| Q2 2025 | $9.59B | — |
| Q1 2025 | $9.51B | — |
| Q4 2024 | $9.62B | — |
| Q3 2024 | $8.90B | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
V's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
V Revenue Analysis (2005–2025)
Current Revenue & Growth
As of June 21, 2026, Visa Inc. (V) generated trailing twelve-month (TTM) revenue of $43.03 billion, reflecting strong growth of +17.1% year-over-year. The most recent quarter (Q2 2026) recorded $11.23 billion in revenue, up 3.0% sequentially.
Historical Growth Trajectory
V's 5-year compound annual growth rate (CAGR) stands at +12.9%, indicating consistent double-digit revenue growth. The 3-year CAGR of +10.9% is below the 5-year average, signalling a growth deceleration in recent years. Visa Inc.'s highest annual revenue of $40.00 billion was recorded in 2025, an all-time high.
Revenue by Segment
V's revenue is primarily driven by Data Processing Revenues (50%), Service (44%), and International Transaction Revenues (35%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Financial Services sector peers — including MA, AXP, and PYPL — V has outperformed the peer group in revenue growth. Compare V vs MA →
V Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VCurrent | $43.0B | +17.1% | +12.9% | 60.0% | |
 MA | $32.8B | - | - | 59.2% | |
 AXP | $80.5B | - | - | 17.1% | |
 PYPL | $33.2B | - | - | 18.3% | |
 FIS | $10.7B | +14.4% | -3.2% | 16.5% | |
 FISV | $21.2B | +1.9% | +7.4% | 26.9% |
V Historical Revenue Data (2005–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $40.00B | - | $32.15B | 80.4% | $23.99B | 60.0% |
| 2024 | $35.93B | - | $28.88B | 80.4% | $23.59B | 65.7% |
| 2023 | $32.65B | - | $26.09B | 79.9% | $21.00B | 64.3% |
| 2022 | $29.31B | - | $23.58B | 80.4% | $18.81B | 64.2% |
| 2021 | $24.11B | - | $19.14B | 79.4% | $15.80B | 65.6% |
| 2020 | $21.85B | - | $17.33B | 79.3% | $14.08B | 64.5% |
| 2019 | $22.98B | - | $18.81B | 81.9% | $15.00B | 65.3% |
| 2018 | $20.61B | - | $16.75B | 81.3% | $12.95B | 62.9% |
| 2017 | $18.36B | - | $15.11B | 82.3% | $12.14B | 66.2% |
| 2016 | $15.08B | - | $12.32B | 81.7% | $7.88B | 52.3% |
| 2015 | $13.88B | - | $11.33B | 81.6% | $9.06B | 65.3% |
| 2014 | $12.70B | - | $10.32B | 81.2% | $7.70B | 60.6% |
| 2013 | $11.78B | - | $9.38B | 79.6% | $7.24B | 61.5% |
| 2012 | $10.42B | - | $8.28B | 79.5% | $2.14B | 20.5% |
| 2011 | $9.19B | - | $7.37B | 80.2% | $5.46B | 59.4% |
Full Stock Analysis
Deep dive into V consensus models and risk factors.
Should I Buy V?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
V — Frequently Asked Questions
Quick answers to the most common questions about buying V stock.
Is V's revenue growth accelerating or slowing?
V revenue growth is accelerating. TTM revenue reached $43.0B, up +17.1% year-over-year — ahead of the 5-year CAGR of +12.9%. This indicates the business is expanding faster than its historical baseline.
What is V's revenue history from 2005 to 2026?
Visa Inc. (V) revenue history spans 2005 to 2026. TTM revenue as of 2026 is $43.0B, growing at +17.1% YoY. The 5-year CAGR is +12.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is V's long-term revenue growth rate (CAGR)?
Visa Inc.'s 5-year revenue CAGR of +12.9% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +17.1% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for V.
Why does V's quarterly revenue fluctuate?
V quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Visa Inc.'s revenue data from 2005 to 2026 shows full historical quarterly detail on this page.
How is V's revenue distributed by segment?
V reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does V's revenue compare to industry peers?
Visa Inc. (V) with TTM revenue of $43.0B and +17.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.