Visa (V) Cash from Operations (2009 - 2026)
Visa (V) reported Cash from Operations of $7.39 billion for fiscal Q4 2026 (quarter ended Sep 30, 2026), up 18.4% from $6.24 billion a year earlier and up 12.7% from the prior quarter.
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Analysis
Visa (V) Cash from Operations (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 30, 2026), Visa posted Cash from Operations of $23.73 billion, up 2.9% from FY2025.
- Cash from Operations has a five-year compound annual growth rate of 9.3% (FY2021 to FY2026).
- By fiscal year, Cash from Operations came in at $23.06 billion in FY2025 (+15.6%), $19.95 billion in FY2024 (-3.9%), $20.76 billion in FY2023 (+10.1%) and $18.85 billion in FY2022 (+23.8%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Cash from Operations in data going back to fiscal Q2 2009.
- Year over year, Cash from Operations gained in five of the last eight quarters, with growth averaging 10.4%.
- The high point for year-over-year Cash from Operations in five years was fiscal Q1 2025 (growth of 49.3%); the low point was fiscal Q2 2026 (a decline of 35.9%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $6.55 billion (Q3 2026), $3.01 billion (Q2 2026) and $6.78 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 761.94 Bn | 709.48 Bn | - | 7.39 Bn |
| 2 | Mastercard | 579.57 Bn | 539.66 Bn | - | 5.09 Bn |
| 3 | Wise | 11.40 Bn | 11.40 Bn | - | 7.55 Bn |
| 4 | Remitly Global | 4.67 Bn | 2.14 Bn | 319.61 Mn | 93.01 Mn |
| 5 | Western Union | 2.17 Bn | -1.99 Bn | 343.00 Mn | 107.30 Mn |
| 6 | International Money Express | 214.08 Mn | -406.06 Mn | - | 112.72 Mn |
| 7 | Currenc | 112.80 Mn | -138.48 Mn | 3.70 Mn | 20.27 Mn |
| 8 | Sentage Holdings | 4.38 Mn | 296,645.84 | - | - |
| 9 | American Express | 218.45 Bn | 17.93 Bn | - | 5.38 Bn |
| 10 | Capital One Financial | 124.14 Bn | 124.14 Bn | - | 5.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.39 Bn |
| Jun 30, 2026 | 6.55 Bn |
| Mar 31, 2026 | 3.01 Bn |
| Dec 31, 2025 | 6.78 Bn |
| Sep 30, 2025 | 6.24 Bn |
| Jun 30, 2025 | 6.73 Bn |
| Mar 31, 2025 | 4.70 Bn |
| Dec 31, 2024 | 5.40 Bn |
| Sep 30, 2024 | 6.66 Bn |
| Jun 30, 2024 | 5.13 Bn |
| Mar 31, 2024 | 4.54 Bn |
| Dec 31, 2023 | 3.61 Bn |
| Sep 30, 2023 | 6.93 Bn |
| Jun 30, 2023 | 5.80 Bn |
| Mar 31, 2023 | 3.86 Bn |
| Dec 31, 2022 | 4.17 Bn |
| Sep 30, 2022 | 5.88 Bn |
| Jun 30, 2022 | 5.25 Bn |
| Mar 31, 2022 | 3.49 Bn |
| Dec 31, 2021 | 4.23 Bn |
API Access
Visa Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=V&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();