Visa (V) Operating Margin (2009 - 2026)

Visa (V) has 18 years of Operating Margin data on file, last reported at 64.42% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 777.0% year-over-year to 64.42%; the trailing twelve-month figure through Mar 2026 stood at 61.12% (down 256.0% YoY), and the FY2025 full-year result was 59.98%, down 569.0% from the prior year.
• Operating Margin for Q1 2026 stood at 64.42%, up from 61.8% in the prior quarter.
• Across five years, Operating Margin topped out at 68.96% in Q4 2023 and bottomed at 56.65% in Q1 2025.
• The 5-year median for Operating Margin is 64.42% (2026), against an average of 63.27%.
• The widest annual swing landed in 2022, when Operating Margin sank 928 bps; it then soared 777 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 64.14% in 2022, then advanced by 8 bps to 68.96% in 2023, then dropped by 5 bps to 65.55% in 2024, then decreased by 6 bps to 61.8% in 2025, then rose by 4 bps to 64.42% in 2026.
• The last three Operating Margin figures came in at 64.42% (Q1 2026), 61.8% (Q4 2025), and 57.33% (Q3 2025), per Business Quant data.