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
DateValue
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