Change in Settlement Payable

Operating

Visa Change in Settlement Payable remained flat by 0.0% to -$211.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 68.5%, from -$673.00M to -$211.75M.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Fluctuations are largely driven by transaction volume and the timing of settlement cycles rather than operational performance.

Detailed definition

Reflects the change in liabilities related to the clearing and settlement of payment transactions between financial inst...

Peer comparison

Comparable to settlement or clearing payables at other payment processors and financial intermediaries.

Metric ID: cf_v_change_in_settlement_payable

Historical Data

8 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$409.00M$44.00M$313.00M-$673.00M-$211.75M-$211.75M-$211.75M-$211.75M
QoQ Change-89.2%+611.4%-315.0%+68.5%+0.0%+0.0%+0.0%
YoY Change-89.2%+611.4%-315.0%+68.5%
Range-$673.00M$409.00M
CAGR-31.4%
Avg YoY Growth+68.9%
Median YoY Growth-10.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is Visa's change in settlement payable?
Visa (V) reported change in settlement payable of -$211.75M in Q4 2025.
How has Visa's change in settlement payable changed year-over-year?
Visa's change in settlement payable increased by 68.5% year-over-year, from -$673.00M to -$211.75M.
What does change in settlement payable mean?
The change in funds the company holds temporarily while processing payments for its clients.

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