KPIs & Operating Metrics(New)
Growth Metrics

Visa (V) Net Margin (2016 - 2025)

Visa's Net Margin history spans 17 years, with the latest figure at 53.69% for Q4 2025.

  • For Q4 2025, Net Margin fell 14.0% year-over-year to 53.69%; the TTM value through Dec 2025 reached 50.23%, down 404.0%, while the annual FY2025 figure was 50.14%, 481.0% down from the prior year.
  • Net Margin reached 53.69% in Q4 2025 per V's latest filing, up from 47.46% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 56.64% in Q4 2023 to a low of 42.01% in Q2 2021.
  • Average Net Margin over 5 years is 51.98%, with a median of 52.98% recorded in 2021.
  • Peak YoY movement for Net Margin: surged 1275bps in 2021, then plummeted -783bps in 2025.
  • A 5-year view of Net Margin shows it stood at 56.08% in 2021, then fell by -6bps to 52.66% in 2022, then increased by 8bps to 56.64% in 2023, then decreased by -5bps to 53.83% in 2024, then fell by 0bps to 53.69% in 2025.
  • Per Business Quant, the three most recent readings for V's Net Margin are 53.69% (Q4 2025), 47.46% (Q3 2025), and 51.83% (Q2 2025).