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VISA INC. FY 2025 10-K, explained in plain English

V · 10-K for the period ending September 30, 2025, filed November 6, 2025 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$40.0B
Gross margin— not reported
Operating income$24.0B
Net income$20.1B
Diluted EPS— not reported
Cash & equivalents$17.2B
Total assets$99.6B
Long-term debt$19.6B

Key takeaway

Visa reported $40.0 billion in net revenue and $20.06 billion net income for the fiscal year ended September 30, 2025.

🔒 4 more takeaways in the full analysis

Beneath the surface

Total debt of $25.17 billion versus $17.16 billion cash and $2.42 billion available-for-sale securities suggests a net debt position of roughly $5.6 billion, more than the $19.6 billion headline long-term debt figure alone would imply.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for V.

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