V Rule of 40
Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.
78
FY2024
Q4
63
Q1
55
Q2
76
Q3
66
FY2025
Q4
73
Q1
40
Q2
67
FY2026
Q3
40
0
Mix
Other V Charts
More quarter-by-quarter fundamentals for Visa Inc.
1 / 9
Revenue
EPS
Free Cash Flow
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Banking & Finance Comparison
1 / 3
JPM · Rule of 40
2026 Q2 · latest
43.1✓ Passing
Growth +17.9%
FCF +25.2%
31
Q3
29
2024
Q4
25
Q1
13
Q2
23
Q3
22
2025
Q4
29
Q1
43
2026
Q2
40
0
Mix
GS · Rule of 40
2026 Q2 · latest
70.8✓ Passing
Growth +43.2%
FCF +27.5%
n/m
Q1
n/m
Q2
56
Q3
2
2025
Q4
n/m
Q1
71
2026
Q2
40
0
Mix
MS · Rule of 40
2026 Q2 · latest
11.9✗ Below 40
Growth +28.6%
FCF −16.7%
n/m
Q1
78
Q2
-3
Q3
-7
2025
Q4
-21
Q1
12
2026
Q2
40
0
Mix
Latest Rule of 40: +67 (Q3 FY2026); −9 pts YoY.
Across the 8 quarters from Q4 FY2024 to Q3 FY2026, Rule of 40 ranged from +40 in Q2 FY2026 to +78 in Q4 FY2024.