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Visa V Settlement Payables

Settlement Payables at other companies

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MastercardMA
$3.16B+18.0%

Other financials

Income statement

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Revenue$11.6B+14.4%
Gross profit$11.4B+14.1%
Operating income$6.9B+11.3%
Net income$5.6B+6.8%
EPS (diluted)$2.97+10.4%

Balance sheet

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Cash & equivalents$18.8B-23.2%
Total debt$26.9B-12.5%
Total equity$35.2B-9.0%
Total assets$94.6B-5.4%

Cash flow

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Operating cash flow$6.6B-2.6%
CapEx$417.0M-1.0%
Free cash flow$6.1B-2.7%

Valuation

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Market cap$691.68B+4.9%
Enterprise value$699.77B+5.1%
P/E30.6×-1.9×
P/S15.6×-1.4×

Profitability

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Gross margin97.7%-0.1pp
Operating margin60.7%-1.5pp
Net margin50.8%-1.4pp
FCF margin47.2%-9.5pp

Returns & leverage

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Return on equity61.2%+9.4pp
Debt / equity0.8×0.0×
Current ratio-0.1×

Where this comes from

Reported directly by Visa in its filing.

Tagged under the XBRL concept v:SettlementPayable.

The source filing: Visa’s 10-Q, filed July 29, 2026.

Filed
Jul 28, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001403161-26-000104
Line itemJune 30,2026September 30,2025
Total assets$94,590$99,627
Liabilities
Accounts payable$553$555
Settlement payable3,2774,568
Customer collateral4,3103,625
Accrued compensation and benefits2,2191,863
Client incentives11,42910,369
Accrued liabilities5,4095,466

ITEM 1. Financial Statements (Unaudited)

FAQ

What is Visa's settlement payables?
Visa (V) reported settlement payables of $3.28B in Q2 2026.
How has Visa's settlement payables changed year-over-year?
Visa's settlement payables decreased by 45.7% year-over-year, from $6.04B to $3.28B.
What is the long-term trend for Visa's settlement payables?
Over 4 years (2021 to 2025), Visa's settlement payables has grown at a 16.9% compound annual growth rate (CAGR), from $2.44B to $4.57B.
What does settlement payables mean?
Settlement payables represent the obligations to financial institutions or merchants arising from the processing of payment transactions. This is a core operational liability for payment processors, reflecting the volume of funds currently in transit.

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