Stock Analysis on Net
Stock Analysis on Net

Visa Inc. (NYSE:V)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Common-Size Income Statement
Quarterly Data

Visa Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016
Net revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Personnel -18.97 -16.85 -17.41 -17.64 -17.05 -15.94 -15.96 -17.91 -19.44 -17.25 -18.07 -19.45 -16.06 -16.22 -14.19 -14.93 -16.27 -14.66 -15.00 -16.26 -16.24 -13.97 -13.49 -15.29 -15.72 -12.80
Marketing -3.87 -4.18 -5.51 -4.30 -4.37 -3.97 -6.97 -4.37 -3.60 -3.60 -5.65 -3.60 -4.01 -4.53 -4.99 -4.83 -4.39 -5.01 -4.86 -4.58 -5.14 -4.59 -5.97 -4.84 -4.31 -4.89
Network and processing -2.24 -2.24 -2.38 -2.45 -2.64 -2.69 -2.93 -3.03 -3.12 -3.04 -3.74 -3.56 -3.13 -2.99 -3.14 -3.15 -3.11 -3.14 -3.46 -3.23 -3.33 -3.29 -3.44 -3.46 -3.35 -3.25
Professional fees -1.63 -1.37 -2.09 -1.61 -1.74 -1.42 -1.98 -1.76 -1.43 -1.46 -2.04 -1.96 -1.76 -1.75 -2.43 -1.93 -1.84 -1.65 -2.47 -2.14 -2.13 -1.89 -2.97 -2.23 -1.85 -1.79
Depreciation and amortization -2.93 -2.86 -2.90 -3.16 -2.88 -2.80 -3.08 -3.33 -3.51 -3.46 -3.84 -4.07 -3.28 -3.01 -2.80 -2.83 -2.91 -2.89 -3.00 -2.90 -3.02 -2.98 -3.03 -2.89 -2.93 -3.27
General and administrative -3.53 -4.06 -4.34 -3.97 -4.52 -3.43 -3.28 -3.33 -6.34 -3.57 -5.02 -5.33 -4.60 -5.17 -5.56 -5.39 -4.81 -5.01 -8.41 -4.39 -4.38 -4.85 -4.90 -5.04 -9.07 -4.17
Litigation provision 0.00 -4.30 -0.04 -9.86 0.00 -2.10 -0.02 0.03 -0.05 -0.02 -0.04 -0.02 -0.14 0.00 -6.03 -0.02 -0.40 -0.13 -0.13 -11.45 0.00 0.00 -0.04 0.00 -0.04 -0.34
Operating expenses -33.17% -35.86% -34.67% -42.98% -33.20% -32.34% -34.21% -33.70% -37.49% -32.41% -38.40% -38.00% -32.97% -33.66% -39.14% -33.08% -33.73% -32.49% -37.32% -44.94% -34.24% -31.57% -33.84% -33.76% -37.28% -30.51%
Operating income 66.83% 64.14% 65.33% 57.02% 66.80% 67.66% 65.79% 66.30% 62.51% 67.59% 61.60% 62.00% 67.03% 66.34% 60.86% 66.92% 66.27% 67.51% 62.68% 55.06% 65.76% 68.43% 66.16% 66.24% 62.72% 69.49%
Interest expense -1.78 -1.73 -2.04 -1.53 -1.86 -1.90 -1.91 -2.14 -2.11 -2.39 -2.84 -2.94 -2.02 -1.83 -1.96 -2.19 -2.55 -2.63 -2.76 -2.96 -3.02 -3.17 -3.05 -3.07 -3.02 -3.14
Investment income (expense) and other 1.05 0.30 -0.77 -2.86 -1.75 3.61 1.65 7.44 2.93 0.70 1.14 1.55 0.39 1.14 1.56 1.47 3.20 1.05 5.19 1.56 0.67 1.36 0.72 0.66 0.65 0.43
Non-operating income (expense) -0.73% -1.42% -2.81% -4.38% -3.62% 1.71% -0.26% 5.30% 0.82% -1.69% -1.71% -1.39% -1.62% -0.69% -0.39% -0.72% 0.66% -1.58% 2.43% -1.39% -2.35% -1.81% -2.33% -2.41% -2.37% -2.71%
Income before income taxes 66.10% 62.71% 62.51% 52.63% 63.18% 69.37% 65.53% 71.60% 63.33% 65.90% 59.89% 60.62% 65.41% 65.64% 60.47% 66.20% 66.93% 65.93% 65.11% 53.66% 63.41% 66.62% 63.83% 63.83% 60.35% 66.78%
Income tax provision -12.79 -10.06 -11.92 -5.75 -12.45 -13.29 -10.89 -29.59 -10.51 -10.94 -18.00 -11.56 -12.73 -11.60 -11.18 -13.10 -12.74 -11.86 -12.75 -9.22 -12.06 -14.75 -19.75 -18.73 -50.75 -20.38
Net income 53.31% 52.66% 50.60% 46.89% 50.73% 56.08% 54.64% 42.01% 52.82% 54.97% 41.89% 49.06% 52.68% 54.05% 49.29% 53.10% 54.19% 54.07% 52.36% 44.45% 51.35% 51.87% 44.08% 45.10% 9.60% 46.40%

Based on: 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-K (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Visa Inc. operating income as a percentage of net revenues decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Visa Inc. income before income taxes as a percentage of net revenues increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Visa Inc. net income as a percentage of net revenues increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.