Company Dossier · Financials
Visa Inc.
- S&P 500
- S&P 100
- Dow 30
- Russell 1000
What Visa Inc. is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to March 31, 2026: $43.0 billion, up 14% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to March 31, 2026: $21.2 billion, up 3.3% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to March 31, 2026: $1.57 billion, up 14% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to September 30, 2025: $18.3 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to September 30, 2025: $3.92 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 28, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Latest annual report (filed November 6, 2025): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $37.7 million on the open market.SEC Form 4
- 4,598 institutional managers reported a position at June 30, 2026 (+111 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 139 (260 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Visa Inc. is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Expanding ↔ Retrenching
Withheld: 50% of the evidence is readable at this date (needs 60%).
- Capital spending—
- Debt raised—
- Buybacks vs capex—
- Hiring filings26th pct
- Deals and private raises48th pct
- Patent publications23rd pct
Confident ↔ Hedging
Confident
- Call sentiment89th pct
- Call confidence90th pct
- Guidance changes—
- Risk factors added72nd pct
- Insider open-market trades41st pct
- + Call sentiment
- + Call confidence
- + Risk factors added
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver93rd pct
- Stress filings49th pct
Credit
How these are built →Visa Inc.'s borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Bonds priced, last 12 months
$3.0B
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Feb 3, 2026 | $750M | 4.100% | 2031 (5y) | +30bp | 4.130% |
| Feb 3, 2026 | $700M | 4.400% | 2033 (7y) | +40bp | 4.443% |
| Feb 3, 2026 | $650M | 4.700% | 2036 (10y) | +45bp | 4.715% |
| Feb 3, 2026 | $900M | 3.800% | 2029 (3y) | +20bp | 3.841% |
| Apr 30, 2025 | €600M | 3.875% | 2044 (19y) | +117bp | 3.966% |
| Apr 30, 2025 | €1B | 3.125% | 2033 (8y) | +85bp | 3.126% |
| Apr 30, 2025 | €650M | 3.500% | 2037 (12y) | +97bp | 3.554% |
| Apr 30, 2025 | €1.25B | 2.250% | 2028 (3y) | +68bp | 2.438% |
From the pricing term sheets Visa Inc. filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 21, 2026LobbyingLobbying report (PHRONESISDC, LLC)third_quarter 2026 · $0.1 million
- Oct 21, 2026LobbyingLobbying report (535 GROUP, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (WILLIAMS AND JENSEN, PLLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (AVOQ, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (VISA INC.)third_quarter 2026 · $2.5 million
- Oct 20, 2026LobbyingLobbying report (FULCRUM PUBLIC AFFAIRS LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (MINDSET ADVOCACY, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (AKIN GUMP STRAUSS HAUER & FELD)third_quarter 2026 · $0.1 million
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026PatentPatent granted: SECURE CARDUS 12769970
- May 12, 20268-KMaterial agreement signedItem 1.01
- Jan 28, 20268-KShareholder vote resultsItem 5.07
- Nov 6, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Sep 29, 20258-KDirector or officer changeItem 5.02
- Jan 29, 20258-KShareholder vote resultsItem 5.07
- Nov 13, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
- Nov 15, 202310-KAnnual report (10-K)1 risk factors added, 0 removed
Peers
Companies in the same sector in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| American Express AXP | $43.1B | $15.1B | Jun 30, 2026 |
| Travelers Companies (The) TRV | $48.9B | — | Sep 30, 2026 |
| Apollo Global Management APO | $35.9B | — | Jun 30, 2026 |
| Mastercard MA | $35.1B | $16.7B | Jun 30, 2026 |
| PayPal PYPL | $33.7B | $5.5B | Mar 31, 2026 |
| Galaxy Digital GLXY | $57.4B | −$1.9B | Jun 30, 2026 |
| Chubb Limited CB | $60.8B | — | Mar 31, 2026 |
| U.S. Bancorp USB | $29.7B | — | Jun 30, 2026 |