Visa (V) 10-K Summary — Year Ended Sep 30, 2024
Visa Inc. filed its annual 10-K for the most recent fiscal year. The filing provides information on the company's business, risk factors, and financial performance.
Key takeaway
Year ended Sep 30, 2024 · FY2025 10-K
Visa Inc. filed its annual 10-K for the most recent fiscal year. The filing provides information on the company's business, risk factors, and financial performance.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$35.9B
Revenue reported for the fiscal year.
Operating income
$23.6B
Income from operations reported for the year.
Net income
$19.7B
Net income reported for the year.
Operating cash flow
$20B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2021 | $24.1B | n/a |
| Sep 30, 2022 | $29.3B | +21.6% |
| Sep 30, 2023 | $32.7B | +11.4% |
| Sep 30, 2024 | $35.9B | +10.0% |
Business overview
The filing's Business Overview section only lists the items covered within the document, without providing a narrative description of the company's operations. No detailed business description is available from the supplied sections.
Financial performance
Revenue grew each year over the reported period, with the latest year reaching a new high. Operating income and net income were both substantial, and operating cash flow was strong.
Material risks
Key risks include a potential decline in cross-border travel and spending, which could reduce international transaction revenue. Additionally, evolving regulations and stakeholder expectations regarding sustainability and corporate responsibility may adversely affect the business.
Liquidity and capital
The filing notes that certain factors could affect liquidity and capital resources or increase the cost of capital, but no specific capital allocation strategy is detailed.
What to watch
Monitor changes in cross-border travel volumes and their impact on international transaction revenue in the next filing.