Visa (V) Operating Expenses (2009 - 2026)

Visa (V) has 18 years of Operating Expenses data on file, last reported at $4.8 billion in Q2 2026.

• Quarterly Operating Expenses rose 19.05% year-over-year to $4.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $17.5 billion (up 19.01% YoY) and the FY2025 annual result came in at $16.0 billion, up 29.8% from the prior year.
• Operating Expenses advanced to $4.8 billion in Q2 2026, from $4.0 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $4.8 billion in Q2 2026 to a low of $2.4 billion in Q1 2022.
• A 5-year average of $3.4 billion and a median of $3.2 billion in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 51.36% — and 2023, when it fell 5.83%.
• Tracing V's Operating Expenses over 5 years: stood at $2.8 billion in 2022, then declined by 5.83% to $2.7 billion in 2023, then increased by 22.24% to $3.3 billion in 2024, then advanced by 27.11% to $4.2 billion in 2025, then gained by 14.22% to $4.8 billion in 2026.
• The last three Operating Expenses figures came in at $4.8 billion (Q2 2026), $4.0 billion (Q1 2026), and $4.2 billion (Q4 2025), per Business Quant data.