Visa (V) Other Working Capital Changes (2009 - 2026)
Visa's Other Working Capital Changes was -$1.02 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -$382 million a year earlier.
Visa (V) Other Working Capital Changes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Visa's Other Working Capital Changes was $654 million through Jun 30, 2026; for FY2025 (ended Sep 30, 2025), it came in at -$160 million.
- In earlier fiscal years, Other Working Capital Changes was $199 million in FY2024 (+729.2%), $24 million in FY2023 (-96.4%), $666 million in FY2022 (+353.1%) and $147 million in FY2021 (-63.4%).
- The fiscal Q3 2026 figure marks the lowest quarterly Other Working Capital Changes in data going back to fiscal Q2 2009.
- Per Business Quant data, V's Other Working Capital Changes in the three fiscal quarters before Q3 2026 was $1.89 billion (Q2 2026), -$35 million (Q1 2026) and -$178 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.07 Bn |
| Mar 31, 2026 | -6.38 Bn |
| Dec 31, 2025 | -3.44 Bn |
| Sep 30, 2025 | -3.38 Bn |
| Jun 30, 2025 | -3.79 Bn |
| Mar 31, 2025 | -2.52 Bn |
| Dec 31, 2024 | -4.32 Bn |
| Sep 30, 2024 | -1.14 Bn |
| Jun 30, 2024 | -5.14 Bn |
| Mar 31, 2024 | -2.66 Bn |
| Dec 31, 2023 | -3.29 Bn |
| Sep 30, 2023 | -2.65 Bn |
| Jun 30, 2023 | -2.06 Bn |
| Mar 31, 2023 | -3.52 Bn |
| Dec 31, 2022 | -2.50 Bn |
| Sep 30, 2022 | -1.94 Bn |
| Jun 30, 2022 | -1.44 Bn |
| Mar 31, 2022 | -2.79 Bn |
| Dec 31, 2021 | -1.93 Bn |
| Sep 30, 2021 | -2.20 Bn |
Visa Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=V&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();