Visa Q3 FY24: where the revenue came from and where it went
The whole income statement of Visa for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2024
- Reported
- Jul 24, 2024
Revenue$8.90B
+10% year over year
Gross profit$6.32B
71% margin
Operating profit$5.94B
67% margin
Net profit$4.87B
55% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.90 | 100% | +10% |
| Non US | 5.28 | 59% | +13% |
| US | 3.62 | 41% | +5% |
| Cost of revenue | −2.58 | 29% | |
| Gross profit | 6.32 | 71% margin | +5pp |
| G&A | −0.38 | 4% | +0pp |
| Operating profit | 5.94 | 67% margin | +5pp |
| Other income, net | 0.05 | ||
| Tax | −1.12 | ||
| Net profit | 4.87 | 55% margin | +4pp |
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