Visa (V) Other Working Capital Changes (2009 - 2026)
Visa (V) posted Other Working Capital Changes of $1.9 billion for Q1 2026, up 5488.57% quarter-over-quarter from -$35.0 million in Q4 2025, and up 383.59% year-on-year from $390.0 million in Q1 2025.
Visa (V) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Visa (V) has reported Other Working Capital Changes for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- Other Working Capital Changes for Q1 2026 came in at $1.9 billion, up 383.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 278.59% YoY), and the FY2025 annual result was -$160.0 million, down 180.4% from the prior year.
- Other Working Capital Changes was $1.9 billion for Q1 2026 at Visa, up from -$35.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $1.9 billion in Q1 2026 and troughed at -$382.0 million in Q2 2025.
- Average Other Working Capital Changes over 5 years is $142.2 million, with a median of $26.0 million recorded in 2024.
- Year-over-year, Other Working Capital Changes jumped 1341.18% in 2022 and tumbled 784.62% in 2025.
- Over 5 years, Other Working Capital Changes stood at -$160.0 million in 2022, then jumped by 227.5% to $204.0 million in 2023, then plunged by 95.1% to $10.0 million in 2024, then sank by 450.0% to -$35.0 million in 2025, then surged by 5488.57% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Other Working Capital Changes figures were $1.9 billion in Q1 2026, -$35.0 million in Q4 2025, and -$178.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.89 Bn |
| Mar 31, 2026 | 1.89 Bn |
| Dec 31, 2025 | -35.00 Mn |
| Dec 31, 2025 | -35.00 Mn |
| Sep 30, 2025 | -178.00 Mn |
| Sep 30, 2025 | -178.00 Mn |
| Jun 30, 2025 | -382.00 Mn |
| Jun 30, 2025 | -382.00 Mn |
| Mar 31, 2025 | 390.00 Mn |
| Mar 31, 2025 | 390.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | -85.00 Mn |
| Jun 30, 2024 | -85.00 Mn |
| Mar 31, 2024 | 54.00 Mn |
| Mar 31, 2024 | 54.00 Mn |
| Dec 31, 2023 | 204.00 Mn |
| Dec 31, 2023 | 204.00 Mn |