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Visa (V) free cash flow by quarter

Visa's free cash flow was $6.9B in Q4 FY26 (fourth quarter fiscal 2026), +12% from Q3 FY26. Over the last 7 quarters it ranged from $2.6B (Q2 FY26) to $6.9B (Q4 FY26).

Visa free cash flow by quarterVisa free cash flow by quarter$4.4BQ2 FY25$6.3BQ3 FY25$5.8BQ4 FY25$6.4BQ1 FY26$2.6BQ2 FY26$6.1BQ3 FY26$6.9BQ4 FY26
QuarterFree cash flowQ/QY/Y
Q4 FY26$6.9B+12%+18%
Q3 FY26$6.1B+134%-3%
Q2 FY26$2.6B-59%-40%
Q1 FY26$6.4B+9%—
Q4 FY25$5.8B-7%—
Q3 FY25$6.3B+44%—
Q2 FY25$4.4B——

Q4 FY26 at a glance

Visa, Q4 FY26: revenue $12.1B (+13% year over year), operating margin 59.8%, net earnings $6.0B, operating cash flow $7.4B. The chart follows the revenue to costs, profit and cash.

Questions

What is Visa's free cash flow?

Visa's free cash flow was $6.9B in Q4 FY26 (fourth quarter fiscal 2026), +12% from Q3 FY26.

How has Visa's free cash flow changed?

Over the last 7 quarters it ranged from $2.6B (Q2 FY26) to $6.9B (Q4 FY26).

Q4 FY26 results → · How Visa makes money →