FCF Margin
Free cash flow as a percentage of revenue.
Latest FCF Margin: 23.4% (2026Q1); -22.2 pp YoY.
Chart and table show the latest 24 of 61 quarters.
Quarterly FCF Margin Data
Chart and table show the latest 24 of 61 quarters.
| Period | Value |
|---|---|
| 2020Q2 | 58.7% |
| 2020Q3 | 37.8% |
| 2020Q4 | 59.0% |
| 2021Q1 | 55.3% |
| 2021Q2 | 69.1% |
| 2021Q3 | 57.4% |
| 2021Q4 | 57.5% |
| 2022Q1 | 44.8% |
| 2022Q2 | 69.0% |
| 2022Q3 | 71.7% |
| 2022Q4 | 49.4% |
| 2023Q1 | 45.7% |
| 2023Q2 | 67.7% |
| 2023Q3 | 76.9% |
| 2023Q4 | 38.8% |
| 2024Q1 | 48.5% |
| 2024Q2 | 53.2% |
| 2024Q3 | 66.1% |
| 2024Q4 | 53.1% |
| 2025Q1 | 45.5% |
| 2025Q2 | 62.0% |
| 2025Q3 | 54.5% |
| 2025Q4 | 58.7% |
| 2026Q1 | 23.4% |
Banking & Finance Comparison
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Other V Charts
More quarter-by-quarter fundamentals for Visa Inc.
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