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Visa Inc. · V

How Visa makes money

Visa brought in $45.9 billion in revenue in the year ended September 30, 2026 and kept $23.5 billion as profit: $51.20 of every $100. Its biggest source of money was Processing fees, at $23.4 billion (32% of the total).

From Visa's Form 10-K for the year ended September 30, 2026. Page updated November 8, 2026.

Revenue$45.9 billionFY ended September 30, 2026
Operating profit$28.1 billion61.2% of revenue
Net profit$23.5 billion$51.20 of every $100
Employees34,800$1.32 million revenue each

Out of every $100 Visa took in, it kept

$51.20profit
$0$100 in sales

Where Visa's money comes from. 4 lines in its 10‑K.

Processing feesAuthorizing and settling each payment$23.4B32% of total
Service feesBased on how much people spend on Visa cards$19.9B27% of total
Cross-border feesPayments across borders or currencies$15.3B21% of total
Value-added servicesFraud tools, data and more$14.2B20% of total

These are Visa's fees before $18.3 billion in incentives it pays back to banks and partners, which is why they add up to more than its $45.9 billion in net revenue.

6 years of Visa's revenue and profit.

2021$12.3B2022$15.0B2023$17.3B2024$19.7B2025$20.1B2026$23.5B
Revenue (on top of each bar)Net profit (under each year)

Fiscal years as Visa reports them; the latest ended September 30, 2026. Profit is net income.

Quick answers about Visa.

How does Visa make money?

Visa runs the network that moves card payments. It doesn't lend money: banks pay Visa fees on every swipe, and Visa gives some back as incentives. The biggest line in its latest 10-K is Processing fees ($23.4 billion).

How much money does Visa make a year?

$45.9 billion in revenue in the year ended September 30, 2026, and $23.5 billion in net profit. That's up 15% from the year before.

Is Visa profitable?

Yes. Visa made $23.5 billion in net profit in the year ended September 30, 2026, which is $51.20 of every $100 it took in.

How many employees does Visa have?

About 34,800 employees as of September 30, 2026. That works out to $1.32 million in revenue per employee.

Is Visa growing?

Yes. Revenue went from $24.1 billion in 2021 to $45.9 billion in 2026, up 90%.

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Source: Visa Inc., annual report on Form 10-K for the fiscal year ended September 30, 2026, filed with the SEC on November 5, 2026.

Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.