Visa Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.36B | $15.08B | $13.88B | $12.70B | $11.78B | $10.42B | $9.19B | $8.07B |
| Service revenues | $7.98B | $6.75B | $6.30B | $5.80B | $5.35B | $4.87B | $4.26B | $3.50B |
| Data processing revenues | $7.79B | $6.27B | $5.55B | $5.17B | $4.64B | $3.98B | $3.48B | $3.13B |
| International transaction revenues | $6.32B | $4.65B | $4.06B | $3.56B | $3.39B | $3.03B | $2.67B | $2.29B |
| Other revenues | $841.0M | $823.0M | $823.0M | $770.0M | $716.0M | $704.0M | $655.0M | $713.0M |
| Client incentives | $-4.57B | $-3.41B | $-2.86B | $-2.59B | $-2.32B | $-2.16B | $-1.88B | $-1.56B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.06B | $796.0M | $547.0M | $507.0M | $451.0M | $451.0M | $414.0M | $359.0M |
| Operating Income | $12.14B | $7.88B | $9.06B | $7.70B | $7.24B | $2.14B | $5.46B | $4.59B |
| Operating Margin | 66.2% | 52.3% | 65.3% | 60.6% | 61.5% | 20.5% | 59.4% | 56.9% |
| Interest Expense | — | — | — | — | — | $-29.0M | $32.0M | $72.0M |
| Pretax Income | $11.69B | $8.01B | $9.00B | — | — | — | $5.66B | $4.64B |
| Income Tax Expense | $5.00B | $2.02B | $2.67B | $2.29B | $2.28B | $65.0M | $2.01B | $1.67B |
| Net Income | $6.70B | $5.99B | $6.33B | $5.44B | $4.98B | $2.14B | $3.65B | $2.97B |
| Net Margin | 36.5% | 39.7% | 45.6% | 42.8% | 42.3% | 20.6% | 39.7% | 36.8% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | $0.17 | $0.14 | $0.12 | $0.10 | $0.08 | $0.22 | $0.15 | $0.13 |