Visa Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 52.3% | 39.7% |
| FY2017 | — | 66.2% | 36.5% |
| FY2018 | — | 62.9% | 50.0% |
| FY2019 | — | 65.3% | 52.6% |
| FY2020 | — | 64.5% | 49.7% |
| FY2021 | — | 65.6% | 51.1% |
| FY2022 | — | 64.2% | 51.0% |
| FY2023 | — | 64.3% | 52.9% |
| FY2024 | — | 65.7% | 55.0% |
| FY2025 | — | 60.0% | 50.1% |