Visa (V) Free Cash Flow (2009 - 2026)
Visa (V) reported Free Cash Flow of $2.6 billion for Q1 2026, down 35.39% on a YoY basis from $4.1 billion in Q1 2025, and down 59.0% quarter-over-quarter from $6.4 billion in Q4 2025.
Visa (V) Free Cash Flow (2009 - 2026) Analysis & Trends
Visa has reported Free Cash Flow for 18 years, with the latest figure at $2.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 35.39% year-over-year to $2.6 billion; the trailing twelve-month figure through Mar 2026 stood at $21.2 billion (down 2.43% YoY), and the FY2025 full-year result was $21.6 billion, up 8.44% from the prior year.
- Free Cash Flow for Q1 2026 stood at $2.6 billion, down from $6.4 billion in the prior quarter.
- The five-year high for Free Cash Flow was $7.6 billion in Q3 2023, with the low at $2.6 billion in Q1 2026.
- Historically, Free Cash Flow has averaged $5.0 billion across 5 years, with a median of $5.4 billion in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow surged 49.28% — and 2026, when it slumped 35.39%.
- Visa's Free Cash Flow stood at $4.1 billion in 2022, then retreated by 13.42% to $3.6 billion in 2023, then surged by 49.28% to $5.4 billion in 2024, then climbed by 19.53% to $6.4 billion in 2025, then slumped by 59.0% to $2.6 billion in 2026.
- The last three Free Cash Flow figures came in at $2.6 billion (Q1 2026), $6.4 billion (Q4 2025), and $5.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 2.63 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 2.82 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 2.66 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 5.47 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 903.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 2.18 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 22.68 Bn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | -2.38 Bn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 1.37 Bn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 268.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.63 Bn |
| Mar 31, 2026 | 2.63 Bn |
| Dec 31, 2025 | 6.40 Bn |
| Dec 31, 2025 | 6.40 Bn |
| Sep 30, 2025 | 5.85 Bn |
| Sep 30, 2025 | 5.85 Bn |
| Jun 30, 2025 | 6.31 Bn |
| Jun 30, 2025 | 6.31 Bn |
| Mar 31, 2025 | 4.06 Bn |
| Mar 31, 2025 | 4.06 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Sep 30, 2024 | 6.64 Bn |
| Sep 30, 2024 | 6.64 Bn |
| Jun 30, 2024 | 5.65 Bn |
| Jun 30, 2024 | 5.65 Bn |
| Mar 31, 2024 | 4.02 Bn |
| Mar 31, 2024 | 4.02 Bn |
| Dec 31, 2023 | 3.59 Bn |
| Dec 31, 2023 | 3.59 Bn |