Discontinued — last reported Q4 '25
Cash & Equivalents
Current AssetsVisa Cash & Equivalents decreased by 29.8% to $17.16B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 13.2%, from $19.76B to $17.16B. Over 4 years (FY 2020 to FY 2024), Cash & Equivalents shows an upward trend with a 2.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and the ability to fund operations or acquisitions without debt; a decrease may indicate heavy capital expenditure or shareholder returns.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term instruments with matu...
Peer comparison
Peer tech giants like Alphabet or Apple maintain massive cash reserves to navigate market volatility and fund R&D.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.27B | $19.80B | $18.32B | $16.52B | $19.00B | $20.38B | $18.38B | $19.13B | $21.04B | $21.99B | $19.64B | $18.95B | $19.28B | $19.76B | $19.97B | $19.14B | $24.44B | $17.16B |
| QoQ Change | — | -6.9% | -7.5% | -9.9% | +15.0% | +7.3% | -9.8% | +4.1% | +10.0% | +4.5% | -10.7% | -3.5% | +1.7% | +2.5% | +1.0% | -4.2% | +27.7% | -29.8% |
| YoY Change | — | — | — | — | -10.7% | +2.9% | +0.3% | +15.8% | +10.8% | +7.9% | +6.8% | -0.9% | -8.4% | -10.1% | +1.7% | +1.0% | +26.8% | -13.2% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Visa's cash & equivalents?
- Visa (V) reported cash & equivalents of $17.16B in Q3 2025.
- How has Visa's cash & equivalents changed year-over-year?
- Visa's cash & equivalents decreased by 13.2% year-over-year, from $19.76B to $17.16B.
- What is the long-term trend for Visa's cash & equivalents?
- Over 4 years (2020 to 2024), Visa's cash & equivalents has grown at a 2.5% compound annual growth rate (CAGR), from $18.06B to $19.97B.
- What does cash & equivalents mean?
- Money in the bank and investments that can be turned into cash almost instantly.