Visa Inc.
Close on Nov 2, 2026Market cap $759.29BP/E –Yield 0.14%
Visa Total diluted shares outstanding on an as-converted by Year
Total diluted shares outstanding on an as-converted basis (millions) (M)
Visa Total diluted shares outstanding on an as-converted: 1,930M in FY25, down 2.7% from a year earlier. That is the lowest of the 8 years on record here.
Where the FY25 figure comes from
Source: Visa Form 10-Q (2025-09-30) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Total diluted shares outstanding on an as-converted basis (millions) (M) | Year on year | Source |
|---|---|---|---|---|
| FY25 | Sep 30, 2025 | 1,930 | -2.7% | Visa Form 10-Q (2025-09-30) ↗ |
| FY24 | Sep 30, 2024 | 1,983 | -3.1% | Visa Form 10-K (2024-09-30) ↗ |
| FY23 | Sep 30, 2023 | 2,047 | -2.7% | Visa Form 10-K (2023-09-30) ↗ |
| FY22 | Sep 30, 2022 | 2,103 | -2.7% | Visa Form 10-K (2022-09-30) ↗ |
| FY21 | Sep 30, 2021 | 2,161 | -1.6% | Visa Form 10-K (2021-09-30) ↗ |
| FY20 | Sep 30, 2020 | 2,197 | -1.8% | Visa Form 10-K (2020-09-30) ↗ |
| FY19 | Sep 30, 2019 | 2,237 | -2.4% | Visa Form 10-K (2019-09-30) ↗ |
| FY18 | Sep 30, 2018 | 2,291 | – | Visa Form 10-K (2018-09-30) ↗ |
Breakdown
What makes up total diluted shares outstanding on an as-converted
- Class A common stock outstanding (millions)1,691 · FY25
- Class B-1 common stock outstanding (millions)5 · FY25
- Class B-2 common stock outstanding (millions)120 · FY25
- Class C common stock outstanding (millions)9 · FY25
- Conversion rate — Class B-1 common stock into Class A (x, through Q4 FY26 Sept 18, 2026)1.55 · FY25
- Conversion rate — Class B-2 common stock into Class A (x, through Q4 FY26 Sept 18, 2026)1.52 · FY25
- Conversion rate — Class C common stock into Class A (x)4.00 · FY25
- Conversion rate — Series B convertible preferred stock into Class A (x)0.67 · FY25
- Conversion rate — Series C convertible preferred stock into Class A (x)0.76 · FY25
Cite this data
StockData. (2026). Visa Total diluted shares outstanding on an as-converted (M), annual FY18–FY25 [Data set]. Compiled from Visa SEC filings and investor materials. https://stockdatahq.com/stocks/v/kpis/shares-as-conv-m
See every metric in the Visa KPI table. Data updated Oct 24, 2026.