KPIs & Operating Metrics(New)
Growth Metrics

Visa (V) Research & Development (2016 - 2025)

Visa (V) has disclosed Research & Development for 17 consecutive years, with $233.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 12.56% year-over-year to $233.0 million, compared with a TTM value of $920.0 million through Dec 2025, up 14.43%, and an annual FY2025 reading of $894.0 million, up 14.91% over the prior year.
  • Research & Development was $233.0 million for Q4 2025 at Visa, down from $239.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $239.0 million in Q3 2025 and bottomed at $178.0 million in Q2 2022.
  • Average Research & Development over 5 years is $197.0 million, with a median of $190.0 million recorded in 2021.
  • The sharpest move saw Research & Development fell 6.32% in 2022, then increased 18.52% in 2025.
  • Year by year, Research & Development stood at $190.0 million in 2021, then decreased by 6.32% to $178.0 million in 2022, then grew by 1.69% to $181.0 million in 2023, then grew by 14.36% to $207.0 million in 2024, then grew by 12.56% to $233.0 million in 2025.
  • Business Quant data shows Research & Development for V at $233.0 million in Q4 2025, $239.0 million in Q3 2025, and $224.0 million in Q2 2025.