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VISA INC. Total Operating Expenses 2007-2026 | V

Annual FY2007–FY2025 · quarterly through Q2 FY2026

Latest annual · FY2025

$16.01B

+29.8%YoY vs FY2024Source: 10-KFY2025

From $5.04B in FY2007 to $16.01B in FY2025: 3.2× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$4.2B+27.1%$4.0B−3.9%Not reportedNot reported
FY25$3.3B+22.2%$4.2B+21.6%$4.0B+34.9%$4.6B+40.0%
FY24$2.7B−5.8%$3.4B+29.1%$3.0B−4.4%$3.3B+6.8%
FY23$2.8B+24.7%$2.6B+11.0%$3.1B−0.9%$3.1B+13.3%
FY22$2.3B+23.9%$2.4B+11.1%$3.1B+51.4%$2.7B+20.3%
Share23%25%25%27%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+15.6%

FY2020
$7.76B
FY2025
$16.01B

5 years selected · on the chart

01—History

Total Operating Expenses History

Year-over-year comparison from 10-K annual reports

  19. $16.01B
YoY changeLargest recent move+49.5%in FY16Latest +29.8%

1 older move runs past ±50% (largest +121.9%); point at, tap or drag across the bars to read one.

02—Ledger

Total Operating Expenses, period by period

PeriodValueChangeSource
FY2025$16.01B+29.8%10-K
FY2024$12.33B+5.8%10-K
FY2023$11.65B+11.0%10-K
FY2022$10.50B+26.5%10-K
FY2021$8.30B+6.9%10-K
FY2020$7.76B−2.6%10-K
FY2019$7.98B+4.2%10-K
FY2018$7.66B+23.2%10-K
FY2017$6.21B−13.7%10-K
FY2016$7.20B+49.5%10-K
FY2015$4.82B−3.8%10-K
FY2014$5.00B+10.3%10-K
FY2013$4.54B−45.2%10-K
FY2012$8.28B+121.9%10-K
FY2011$3.73B+7.4%10-K
FY2010$3.48B+3.1%10-K
FY2009$3.37B−33.0%10-K
FY2008$5.03B−0.2%10-K
FY2007$5.04B—10-K

03—Questions

What is total operating expenses?

Total operating expenses include all costs related to running the core business, including cost of goods sold, R&D, and SG&A.

What is VISA INC.'s current total operating expenses?

VISA INC. (V) annual total operating expenses for 2025 was $16.01B, a 29.80% increase from 2024. VISA INC. total operating expenses for the quarter ending March 31, 2026 was $4.00B.

What was VISA INC.'s total operating expenses in 2024?

VISA INC. annual total operating expenses for 2024 was $12.33B, a 5.82% increase from 2023.

What was VISA INC.'s total operating expenses in 2023?

VISA INC. annual total operating expenses for 2023 was $11.65B, a 11.01% increase from 2022.

What is VISA INC.'s 5-year total operating expenses CAGR?

VISA INC. total operating expenses grew at a compound annual growth rate (CAGR) of 15.57% from FY2020 to FY2025, going from $7.76B to $16.01B over 5 years.

Company
VISA INC.
Ticker
V
Sector
Other
Industry
Services-Business Services, NEC
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