V — Visa Income Statement

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IndustrialsConservativeLarge CapHigh Flyer

Annual income statement for Visa, fiscal year end - September 30th, USD millions except per share, conversion factor applied.

	2021 September 30th	2022 September 30th	2023 September 30th	2024 September 30th	2025 September 30th
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	24,105	29,310	32,653	35,926	40,000
Cost of Revenue
Gross Profit	19,135	23,602	26,086	28,884	32,145
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	8,301	10,497	11,653	12,331	16,006
Operating Profit	15,804	18,813	21,000	23,595	23,994
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	16,063	18,136	21,037	23,916	24,194
Provision for Income Taxes
Net Income After Taxes	12,311	14,957	17,273	19,743	20,058
Net Income Before Extraordinary Items
Net Income	12,311	14,957	17,273	19,743	20,058
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	12,311	14,957	17,273	19,743	20,058
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	5.71	7.53	8.87	10.1	12
Dividends per Share