Visa (V) Operating Expenses (2009 - 2026)

Visa (V) has reported Operating Expenses for 18 consecutive years, with $4.8 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 19.05% year-over-year to $4.8 billion; the trailing twelve-month figure through Jun 2026 stood at $17.5 billion (up 19.01% YoY), and the FY2025 full-year result was $16.0 billion, up 29.8% from the prior year.
• Operating Expenses rose to $4.8 billion in Q2 2026 per V's latest filing, from $4.0 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $4.8 billion in Q2 2026 and bottomed at $2.4 billion in Q1 2022.
• Historically, Operating Expenses has averaged $3.4 billion across 5 years, with a median of $3.2 billion in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 51.36% in 2022, then retreated 5.83% in 2023.
• Over 5 years, Operating Expenses stood at $2.8 billion in 2022, then retreated by 5.83% to $2.7 billion in 2023, then gained by 22.24% to $3.3 billion in 2024, then grew by 27.11% to $4.2 billion in 2025, then climbed by 14.22% to $4.8 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $4.8 billion, $4.0 billion, and $4.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.