Discontinued — last reported Q3 '25

Current Liabilities

Deferred Revenue

Visa Deferred Revenue increased by 4.4% to $4.70B in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.0%, from $3.70B to $4.70B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2025Jul 30, 2025

How to read this metric

An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.

Detailed definition

This represents payments received from customers for goods or services that have not yet been delivered or performed. It...

Peer comparison

Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.

Metric ID: deferred_revenue_current

Historical Data

6 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$3.20B$3.40B$3.70B$4.30B$4.50B$4.70B
QoQ Change+6.3%+8.8%+16.2%+4.7%+4.4%
YoY Change+34.4%+32.4%+27.0%
Range$3.20B$4.70B
CAGR+36.0%
Avg YoY Growth+31.3%
Median YoY Growth+32.4%
Current Streak5+ quarters growth

Frequently Asked Questions

What is Visa's deferred revenue?
Visa (V) reported deferred revenue of $4.70B in Q2 2025.
How has Visa's deferred revenue changed year-over-year?
Visa's deferred revenue increased by 27.0% year-over-year, from $3.70B to $4.70B.
What does deferred revenue mean?
Cash received from customers for work that has not yet been completed.