Fiscal Year 2022 Key Statistics
Operational Highlights |
12 months ended September 30 (except where noted) |
|
2020 |
2021 |
2022 |
Total volume, including payments and cash volume2 |
$11.3T |
$13.0T |
$14.1T |
Payments volume2 |
$8.8T |
$10.4T |
$11.6T |
Transactions processed on Visa’s networks |
140.8B |
164.7B |
192.5B |
Cards3 |
3.5B |
3.7B |
4.1B |
Financial Highlights (GAAP) |
In millions (except per share data) |
|
FY 2020 |
FY 2021 |
FY 2022 |
Net revenues |
$21,846 |
$24,105 |
$29,310 |
Operating expenses |
$7,765 |
$8,301 |
$10,497 |
Net income |
$10,866 |
$12,311 |
$14,957 |
Diluted class A common stock earnings per share |
$4.89 |
$5.63 |
$7.00 |
Financial Highlights (Non-GAAP)4 |
In millions (except per share data) |
|
FY 2020 |
FY 2021 |
FY 2022 |
Net revenues |
$21,846 |
$24,105 |
$29,310 |
Operating expenses |
$7,702 |
$8,077 |
$9,387 |
Net income |
$11,193 |
$12,933 |
$16,034 |
Diluted class A common stock earnings per share |
$5.04 |
$5.91 |
$7.50 |
Stock Performance
The accompanying graph and chart compares the cumulative total return on Visa’s common stock with the cumulative total return on Standard & Poor’s 500 Index and the Standard & Poor’s 500 Data Processing Index from September 30, 2017 through September 30, 2022. The comparison assumes $100 was invested on September 30, 2017, and that dividends were reinvested. Visa Inc.’s class B and C common stock are not publicly traded or listed on any exchange or dealer quotation system.
Revenue Details
Net revenues consist of service revenues, data processing revenues, international transaction revenues and other revenues, minus client incentive arrangements we have with our clients. We have one reportable segment, which is Payment Services.