10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
VISA INC. | |||
Ticker: V Fiscal Year: 2022 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Sept 30, 2022 10-K (Filed: Nov 16, 2022) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2022 | Sept 30, 2021 | Sept 30, 2020 | |
| Net revenues | $ 29,310 | 24,105 | 21,846 |
| Operating Expenses | |||
| Personnel | 4,990 | 4,240 | 3,785 |
| Marketing | 1,336 | 1,136 | 971 |
| Network and processing | 743 | 730 | 727 |
| Professional fees | 505 | 403 | 408 |
| Depreciation and amortization | 861 | 804 | 767 |
| General and administrative | 1,194 | 985 | 1,096 |
| Litigation provision | 868 | 3 | 11 |
| Total operating expenses | 10,497 | 8,301 | 7,765 |
| Operating income | 18,813 | 15,804 | 14,081 |
| Non-operating Income (Expense) | |||
| Interest expense | (538) | (513) | (516) |
| Investment income (expense) and other | (139) | 772 | 225 |
| Total non-operating income (expense) | (677) | 259 | (291) |
| Income before income taxes | 18,136 | 16,063 | 13,790 |
| Income tax provision | 3,179 | 3,752 | 2,924 |
| Net income | 14,957 | 12,311 | 10,866 |
| Earnings Per Share [Abstract] | |||
| Class of Stock | |||
| Class A common stock | |||
| Basic earnings per share (in dollars per share) | 7.01 | 5.63 | 4.90 |
| Basic weighted-average shares outstanding (in shares) | 1,651 | 1,691 | 1,697 |
| Diluted earnings per share (in dollars per share) | 7.00 | 5.63 | 4.89 |
| Diluted weighted-average shares outstanding (in shares) | 2,136 | 2,188 | 2,223 |
| Class B common stock | |||
| Basic earnings per share (in dollars per share) | 11.33 | 9.14 | 7.94 |
| Basic weighted-average shares outstanding (in shares) | 245 | 245 | 245 |
| Diluted earnings per share (in dollars per share) | 11.31 | 9.13 | 7.93 |
| Diluted weighted-average shares outstanding (in shares) | 245 | 245 | 245 |
| Class C common stock | |||
| Basic earnings per share (in dollars per share) | 28.03 | 22.53 | 19.58 |
| Basic weighted-average shares outstanding (in shares) | 10 | 10 | 11 |
| Diluted earnings per share (in dollars per share) | 28.00 | 22.51 | 19.56 |
| Diluted weighted-average shares outstanding (in shares) | 10 | 10 | 11 |
| External Links | |
| VISA INC. (V) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |