What changed in Visa Inc.'s latest annual report
In the year ended 30 Sep 2025, Visa Inc.'s revenue rose 11.3% to USD 40.00bn, from USD 35.93bn; net income rose 1.6% to USD 20.06bn, from USD 19.74bn; cash and cash equivalents rose 43.3% to USD 17.16bn, from USD 11.97bn.
Year ended 30 Sep 2025. Source: 10-K filed 6 Nov 2025, read it on SEC EDGAR.
USD 35.93bn to USD 40.00bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 35.93bn | 40.00bn | Up 11.3% |
| Net income | 19.74bn | 20.06bn | Up 1.6% |
| Total assets | 94.51bn | 99.63bn | Up 5.4% |
| Total liabilities | 55.37bn | 61.72bn | Up 11.5% |
| Long-term debt | 20.84bn | 19.60bn | Down 5.9% |
| Cash and cash equivalents | 11.97bn | 17.16bn | Up 43.3% |
Questions people ask
Did Visa Inc.'s revenue grow last year?
Revenue grew 11.3%, from USD 35.93bn to USD 40.00bn in the year ended 30 Sep 2025.
Is Visa Inc. profitable?
Yes. Net income was USD 20.06bn in the year ended 30 Sep 2025. The year before: USD 19.74bn.
How much cash and debt does Visa Inc. have?
At its latest year end (30 Sep 2025), Visa Inc. reported cash and cash equivalents of USD 17.16bn and long-term debt of USD 19.60bn.
Where do these numbers come from?
From Visa Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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