Visa
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Visa's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $35,926,000,000. The net income raised on $19,743,000,000 and profit margin reached 55%. Total operating expenses were $5,289,000,000.
Profit Margin
| 2015 | 13.88B | 6.32B | 45.59% |
|---|---|---|---|
| 2016 | 15.08B | 5.99B | 39.72% |
| 2017 | 18.35B | 6.69B | 36.49% |
| 2018 | 20.60B | 10.30B | 49.98% |
| 2019 | 22.97B | 12.08B | 52.57% |
| 2020 | 21.84B | 10.86B | 49.74% |
| 2021 | 24.10B | 12.31B | 51.07% |
| 2022 | 29.31B | 14.95B | 51.03% |
| 2023 | 32.65B | 17.27B | 52.9% |
| 2024 | 35.92B | 19.74B | 54.95% |
V Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 35.92B | 32.65B | 29.31B | 24.10B | 21.84B | 22.97B | 20.60B | 18.35B | 15.08B | 13.88B |
Cost of revenue | 7.04B | 6.56B | 5.73B | 4.97B | 4.51B | 4.16B | 3.85B | 3.24B | 2.76B | 2.55B |
Gross profit | 28.88B | 26.08B | 23.57B | 19.13B | 17.33B | 18.81B | 16.75B | 15.11B | 12.31B | 11.32B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 285M | 259M | 0 |
Selling and marketing | 1.56B | 1.34B | 1.33B | 1.13B | 971M | 1.10B | 988M | 922M | 869M | 872M |
Total operating expenses | 5.28B | 4.15B | 3.89B | 3.32B | 3.24B | 3.41B | 3.19B | 2.94B | 2.55B | 2.24B |
Operating income | 23.59B | 21B | 18.81B | 15.80B | 14.08B | 15.00B | 12.95B | 12.14B | 7.88B | 9.06B |
Other income (expenses), net | 321M | 37M | -677M | 259M | -291M | -117M | -143M | -450M | -1.32B | -69M |
Income before tax | 23.91B | 21.03B | 18.13B | 16.06B | 13.79B | 14.88B | 12.80B | 11.69B | 8.01B | 8.99B |
Income tax expense | 4.17B | 3.76B | 3.17B | 3.75B | 2.92B | 2.80B | 2.50B | 4.99B | 2.02B | 2.66B |
Net income | 19.74B | 17.27B | 14.95B | 12.31B | 10.86B | 12.08B | 10.30B | 6.69B | 5.99B | 6.32B |
Earnings per share | ||||||||||
Basic EPS | 9.88 | 8.29 | 7.02 | 5.64 | 4.9 | 5.33 | 4.6 | 2.8 | 2.49 | 2.58 |
Diluted EPS | 9.73 | 8.28 | 6.85 | 5.49 | 4.71 | 5.13 | 4.42 | 2.8 | 2.48 | 2.58 |
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