Visa Inc.
VNYSEServices-Business Services, NECFiscal year ends September 30
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026Score 11/30103% above fair value
$425.51+11.92 (+2.88%)
Close on Nov 2, 2026Market cap $759.29BP/E –Yield 0.14%
Visa GAAP operating expenses by Year
GAAP operating expenses ($M, reconciliation table) ($M)
Visa GAAP operating expenses: $16,006M in FY25, up 29.8% from a year earlier.
Latest, FY25
16,006
Period ended Sep 30, 2025
Change on a year earlier
+29.8%
12,331 in FY24
History
5 years
Since FY21
Sources
4
Documents cited below
Where the FY25 figure comes from
“[Twelve Months Ended September 30, 2025] GAAP $ 16,006 $ 200 $ 4,136 17.1% $ 20,058 $ 10.20”
Source: Visa Earnings Release FY2025Q4 ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | GAAP operating expenses ($M, reconciliation table) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY25 | Sep 30, 2025 | 16,006 | +29.8% | Visa Earnings Release FY2025Q4 ↗ |
| FY24 | Sep 30, 2024 | 12,331 | +5.8% | Visa Earnings Release FY2025Q4 ↗ |
| FY23 | Sep 30, 2023 | 11,653 | +11.0% | Visa Earnings Release FY2024Q4 ↗ |
| FY22 | Sep 30, 2022 | 10,497 | +26.5% | Visa Earnings Release FY2023Q4 ↗ |
| FY21 | Sep 30, 2021 | 8,301 | – | Visa Earnings Release FY2022Q4 ↗ |
Cite this data
StockData. (2026). Visa GAAP operating expenses ($M), annual FY21–FY25 [Data set]. Compiled from Visa SEC filings and investor materials. https://stockdatahq.com/stocks/v/kpis/gaap-opex-m
See every metric in the Visa KPI table. Data updated Oct 24, 2026.