KPIs & Operating Metrics(New)
Growth Metrics

Visa (V) Operating Margin (2016 - 2026)

Visa filings provide 18 years of Operating Margin readings, the most recent being 64.42% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 777.0% to 64.42% in Q1 2026 year-over-year; TTM through Mar 2026 was 61.12%, a 256.0% decrease, with the full-year FY2025 number at 59.98%, down 569.0% from a year prior.
  • Operating Margin hit 64.42% in Q1 2026 for Visa, up from 61.8% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 68.96% in Q4 2023 to a low of 56.65% in Q1 2025.
  • Median Operating Margin over the past 5 years was 64.42% (2026), compared with a mean of 63.27%.
  • Biggest five-year swings in Operating Margin: tumbled -928bps in 2022 and later surged 777bps in 2026.
  • Visa's Operating Margin stood at 64.14% in 2022, then rose by 8bps to 68.96% in 2023, then decreased by -5bps to 65.55% in 2024, then fell by -6bps to 61.8% in 2025, then grew by 4bps to 64.42% in 2026.
  • The last three reported values for Operating Margin were 64.42% (Q1 2026), 61.8% (Q4 2025), and 57.33% (Q3 2025) per Business Quant data.