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Visa Inc.

Visa Inc.V FCF Margin

Free cash flow as a percentage of revenue, showing how much of each sales dollar becomes cash.

FCF Margin

Latest: 52.8% (Q3 FY2026)

Period Value
Q4 FY2020 37.8%
Q1 FY2021 59.0%
Q2 FY2021 55.3%
Q3 FY2021 69.1%
Q4 FY2021 57.4%
Q1 FY2022 57.5%
Q2 FY2022 44.8%
Q3 FY2022 69.0%
Q4 FY2022 71.7%
Q1 FY2023 49.4%
Q2 FY2023 45.7%
Q3 FY2023 67.7%
Q4 FY2023 76.9%
Q1 FY2024 38.8%
Q2 FY2024 48.5%
Q3 FY2024 53.2%
Q4 FY2024 66.1%
Q1 FY2025 53.1%
Q2 FY2025 45.5%
Q3 FY2025 62.0%
Q4 FY2025 54.5%
Q1 FY2026 58.7%
Q2 FY2026 23.4%
Q3 FY2026 52.8%

Latest FCF Margin: 52.8% (Q3 FY2026); −9.3 pp YoY.

Across the 62 quarters from Q2 FY2011 to Q3 FY2026, FCF Margin ranged from -102.7% in Q1 FY2013 to 76.9% in Q4 FY2023.

Chart and table show the latest 24 of 62 quarters.

Other V Charts

More quarter-by-quarter fundamentals for Visa Inc.

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