Visa (V) Capital Expenditures (2009 - 2026)

For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Visa was $1.57 billion, up 11.8% year-over-year; for FY2025 (ended Sep 30, 2025), it was $1.48 billion, up 17.9% from FY2024.

• Annual Capital Expenditures has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
• In prior fiscal years, Visa's Capital Expenditures was $1.26 billion in FY2024 (+18.7%), $1.06 billion in FY2023 (+9.2%), $970 million in FY2022 (+37.6%) and $705 million in FY2021 (-4.2%).
• Quarterly Capital Expenditures has run from a low of $173 million in fiscal Q1 2022 to a high of $421 million in fiscal Q3 2025 over five years.
• On a year-over-year basis, Capital Expenditures increased in seven of the last eight quarters, with growth averaging 13.0%.
• The strongest year-over-year quarter for Capital Expenditures in the past five years was fiscal Q2 2022, with growth of 69.0%; the weakest was fiscal Q2 2023, with a decline of 21.3%.
• According to Business Quant data, Capital Expenditures for the three prior fiscal quarters was $383 million (Q2 2026), $378 million (Q1 2026) and $389 million (Q4 2025).