Visa(V) - 2025 Q1 - Quarterly Results

Financial Performance - Net revenue for Q1 2025 increased to $9.51 billion, up from$8.634 billion in Q1 2024, reflecting a growth of approximately 10.1%[24][27] - Operating income for Q1 2025 reached $6.234 billion, compared to$5.954 billion in Q1 2024, showing a 4.7% increase[24][27] - Net income for Q1 2025 was $5.119 billion, up from$4.89 billion in Q1 2024, marking a 4.7% growth[24][27] - Total operating expenses for Q1 2025 were $3.276 billion, compared to$2.68 billion in Q1 2024, reflecting a 22.2% increase[24][27] Balance Sheet and Cash Flow - Total assets as of December 31, 2024, were $91.888 billion, a decrease from$94.511 billion as of September 30, 2024[23] - Cash and cash equivalents increased to $12.367 billion as of December 31, 2024, from$11.975 billion as of September 30, 2024[23] - Long-term debt decreased to $16.68 billion as of December 31, 2024, from$20.836 billion as of September 30, 2024[23] - Net cash provided by operating activities for Q1 2025 was $5.396 billion, up from$3.614 billion in Q1 2024[26] Shareholder Returns - Repurchases of Class A common stock in Q1 2025 amounted to $4.011 billion, compared to$3.58 billion in Q1 2024[26] - Dividends paid in Q1 2025 were $1.17 billion, up from$1.06 billion in Q1 2024[26]