VVisa Inc.

Financials · Business Services · NYSE

Visa is one of the world’s leaders in digital payments. 10-K, Item 1

Employees: 34,800
Headquarters: San Francisco, CA
CEO: Ryan McInerney
Next results: around Jan 28, 2027

RevenueFY2017–26 $45.9B+14.8% Highest in 10 years 10-K FY2026 · XBRL Net incomeFY2017–26 $23.5B+17.2% Highest in 10 years 10-K FY2026 · XBRL Free cash flowFY2017–26 $22.1B+2.2% Highest in 10 years 10-K FY2026 · XBRL Operating marginFY2017–26 61.2%+1.3 pts 66.2% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed Nov 5, 2026 against Nov 6, 2025

Area	What changed	Source
Risk factors	33 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	9 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Nov 5, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-11-06. Quoted as filed.

In addition to the other information contained in this report, you should carefully consider the following material risk factors that could affect the Company’s business, financial condition, results of operations and/or stock price. The disclosures in this section reflect the Company’s current beliefs and opinions regarding factors…
10-K, Item 1A

All 33 new paragraphs →

Accounting checks

latest 10-K

9 of 9 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +19.9% vs revenue +14.8% (+5.2 pts)
✓
Cash from operations $23.7B vs net income $23.5B (FY ending 2026-09-30)
✓
Same auditor in both 10-Ks: KPMG LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

New risks 33 new paragraphs in Risk Factors in the new 10-K

Nov 5, 202610-K Annual report (10-K) period ended Sep 30, 2026
Oct 27, 20268-K Quarterly results, Other events 8-K items 2.02, 8.01

Get an email when this changes: new risk paragraphs, accounting items, insider purchases, a new 10-K or 10-Q. RSS feed

Work on V in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/V/export.csv") into a cell.