What is the current annual cost of goods sold of V?

As of today, V annual cost of goods sold is $9.08B

What is 1-year change in V annual cost of goods sold?

V annual cost of goods sold is up +12.37% year-over-year

What is 3-year change in V annual cost of goods sold?

V annual cost of goods sold is up +37.63% over the past 3 years

How far is V annual cost of goods sold from its all-time high?

V annual cost of goods sold is currently at its all-time high

How does V annual cost of goods sold rank versus sector peers?

V annual cost of goods sold is higher than 97.63% of companies in Financial Services sector

When is V next annual earnings release?

As of today, the next annual earnings release for V has not been scheduled

What is the current quarterly cost of goods sold of V?

As of today, V quarterly cost of goods sold is $2.32B

What is V quarterly cost of goods sold most recent change?

V quarterly cost of goods sold was up +1.13% on December 31, 2025

What is 1-year change in V quarterly cost of goods sold?

V quarterly cost of goods sold is up +0.91% year-over-year

How far is V quarterly cost of goods sold from its all-time high?

V quarterly cost of goods sold is currently at its all-time high

How does V quarterly cost of goods sold rank versus sector peers?

V quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector

When is V next earnings release?

The next earnings release for V is on April 28, 2026

What is the current TTM cost of goods sold of V?

As of today, V TTM cost of goods sold is $9.10B

What is V TTM cost of goods sold most recent change?

V TTM cost of goods sold was up +0.23% on December 31, 2025

What is 1-year change in V TTM cost of goods sold?

V TTM cost of goods sold is up +7.38% year-over-year

How far is V TTM cost of goods sold from its all-time high?

V TTM cost of goods sold is currently at its all-time high

How does V TTM cost of goods sold rank versus sector peers?

V TTM cost of goods sold is higher than 97.65% of companies in Financial Services sector

When is V next earnings release?

The next earnings release for V is on April 28, 2026

Visa Inc. (V) Cost Of Goods Sold History & Chart Since 2004

Annual Cost Of Goods Sold

$9.08B$999.00M+12.37%

September 30, 2025

Summary

Current Value: As of today, V annual cost of goods sold is $9.08B, up +12.37% on September 30, 2025
Historical Performance: V annual cost of goods sold is up +37.63% over the past 3 years, up +71.91% over the past 5 years
All-Time High Comparison: V annual cost of goods sold is currently at its all-time high
3-Year Low Comparison: V annual cost of goods sold is +37.63% above its 3-year low of $6.59B reached on an earlier date
Sector Comparison: V annual cost of goods sold is higher than 97.63% of companies in Financial Services sector

Cost Of Goods Sold Chart

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Performance

V Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Cost Of Goods Sold	Sep 30, 25	$9.08B	+12.4%	+37.6%	+71.9%	+374.6%
Quarterly Cost Of Goods Sold	Dec 31, 25	$2.32B	+0.9%	+33.4%	+72.0%	+360.9%
TTM Cost Of Goods Sold	Dec 31, 25	$9.10B	+7.4%	+33.3%	+72.1%	+360.6%
Price	Feb 20, 26	$320.95	-8.4%	+43.6%	+56.8%	+1593.0%
Annual Total Expenses	Sep 30, 25	$19.94B	+21.1%	+35.8%	+75.4%	+290.4%
Annual Operating Expenses	Sep 30, 25	$4.37B	+18.4%	+47.3%	+77.8%	+171.5%
Annual Gross Profit	Sep 30, 25	$30.93B	+11.0%	+36.1%	+86.7%	+402.6%
Annual Revenue	Sep 30, 25	$40.00B	+11.3%	+36.5%	+83.1%	+396.0%

Cost Of Goods Sold Highs

V Annual Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
3Y	$9.08B	Sep 30, 25	at high
5Y	$9.08B	Sep 30, 25	at high
All	$9.08B	Sep 30, 25	at high

Cost Of Goods Sold Lows

V Annual Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
3Y	$6.59B	N/A	+37.6%
5Y	$5.28B	N/A	+71.9%
All	$1.12B	Sep 1, 04	+707.1%

Cost Of Goods Sold History

Year	Value	Change
2025	$9.08B	+12.4%
2024	$8.08B	+7.5%
2023	$7.51B	+13.9%
2022	$6.59B	+14.2%
2021	$5.77B	+9.4%
2020	$5.28B	+9.5%
2019	$4.82B	+7.9%
2018	$4.47B	+17.5%
2017	$3.80B	+16.5%
2016	$3.27B	+7.2%
2015	$3.05B	+8.2%

Year	Value	Change
2014	$2.82B	+0.7%
2013	$2.80B	+13.1%
2012	$2.47B	+17.5%
2011	$2.10B	+10.0%
2010	$1.91B	+8.5%
2009	$1.76B	-0.7%
2008	$1.78B	+40.8%
2007	$1.26B	+8.8%
2006	$1.16B	+2.9%
2005	$1.13B	+0.1%
2004	$1.12B	-

FAQ

What is the current annual cost of goods sold of V?
As of today, V annual cost of goods sold is $9.08B
What is 1-year change in V annual cost of goods sold?
V annual cost of goods sold is up +12.37% year-over-year
What is 3-year change in V annual cost of goods sold?
V annual cost of goods sold is up +37.63% over the past 3 years
How far is V annual cost of goods sold from its all-time high?
V annual cost of goods sold is currently at its all-time high
How does V annual cost of goods sold rank versus sector peers?
V annual cost of goods sold is higher than 97.63% of companies in Financial Services sector
When is V next annual earnings release?
As of today, the next annual earnings release for V has not been scheduled

Quarterly Cost Of Goods Sold

$2.32B$26.00M+1.13%

December 31, 2025

Summary

Current Value: As of today, V quarterly cost of goods sold is $2.32B, up +1.13% on December 31, 2025
Historical Performance: V quarterly cost of goods sold is up +0.91% year-over-year, up +33.35% over the past 3 years
All-Time High Comparison: V quarterly cost of goods sold is currently at its all-time high
3-Year Low Comparison: V quarterly cost of goods sold is +33.35% above its 3-year low of $1.74B reached on an earlier date
Sector Comparison: V quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector

Performance

V Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Cost Of Goods Sold	Dec 31, 25	$2.32B	+1.1%	+0.9%	+33.4%	+72.0%
Annual Cost Of Goods Sold	Sep 30, 25	$9.08B	–	+12.4%	+37.6%	+71.9%
TTM Cost Of Goods Sold	Dec 31, 25	$9.10B	+0.2%	+7.4%	+33.3%	+72.1%
Price	Feb 20, 26	$320.95	-0.9%	-8.4%	+43.6%	+56.8%
Quarterly Total Expenses	Dec 31, 25	$5.10B	-10.3%	+14.7%	+33.1%	+92.5%
Quarterly Operating Expenses	Dec 31, 25	$1.12B	-17.8%	+64.1%	+51.5%	+129.7%
Quarterly Gross Profit	Dec 31, 25	$8.58B	+1.8%	+19.0%	+38.5%	+97.8%
Quarterly Revenue	Dec 31, 25	$10.90B	+1.6%	+14.6%	+37.4%	+91.7%

Quarterly Cost Of Goods Sold Highs

V Quarterly Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$2.32B	Dec 31, 25	at high
3Y	$2.32B	Dec 31, 25	at high
5Y	$2.32B	Dec 31, 25	at high
All	$2.32B	Dec 31, 25	at high

Quarterly Cost Of Goods Sold Lows

V Quarterly Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$2.19B	Mar 31, 25	+6.3%
3Y	$1.74B	N/A	+33.4%
5Y	$1.35B	N/A	+72.0%
All	$416.00M	Dec 31, 07	+458.4%

Quarterly Cost Of Goods Sold History

Month	Value	Change
Dec 2025	$2.32B	+1.1%
Sep 2025	$2.30B	+0.3%
Jun 2025	$2.29B	+4.8%
Mar 2025	$2.19B	-5.0%
Dec 2024	$2.30B	+10.1%
Sep 2024	$2.09B	+2.7%
Jun 2024	$2.04B	-0.2%
Mar 2024	$2.04B	+7.0%
Dec 2023	$1.91B	-1.8%
Sep 2023	$1.94B	+2.3%
Jun 2023	$1.90B	-1.6%
Mar 2023	$1.93B	+10.7%
Dec 2022	$1.74B	-1.4%
Sep 2022	$1.77B	+4.5%
Jun 2022	$1.69B	+4.2%
Mar 2022	$1.62B	+7.3%
Dec 2021	$1.51B	+5.0%
Sep 2021	$1.44B	-3.2%
Jun 2021	$1.49B	-0.4%
Mar 2021	$1.49B	+10.6%
Dec 2020	$1.35B	+3.2%
Sep 2020	$1.31B	-0.1%
Jun 2020	$1.31B	-0.4%
Mar 2020	$1.32B	-2.2%
Dec 2019	$1.35B	+8.8%
Sep 2019	$1.24B	+1.2%
Jun 2019	$1.22B	-0.3%
Mar 2019	$1.23B	+7.6%
Dec 2018	$1.14B	-2.3%
Sep 2018	$1.17B	-0.6%
Jun 2018	$1.17B	+2.4%
Mar 2018	$1.15B	+16.5%
Dec 2017	$984.00M	+1.5%
Sep 2017	$969.00M	-1.9%
Jun 2017	$988.00M	+0.3%
Mar 2017	$985.00M	+14.3%
Dec 2016	$862.00M	-13.1%

Month	Value	Change
Sep 2016	$992.00M	+31.9%
Jun 2016	$752.00M	-3.0%
Mar 2016	$775.00M	+3.7%
Dec 2015	$747.00M	-3.5%
Sep 2015	$774.00M	-4.8%
Jun 2015	$813.00M	+13.4%
Mar 2015	$717.00M	-3.5%
Dec 2014	$743.00M	+1.0%
Sep 2014	$736.00M	+5.3%
Jun 2014	$699.00M	+3.9%
Mar 2014	$673.00M	-5.1%
Dec 2013	$709.00M	-2.5%
Sep 2013	$727.00M	+2.3%
Jun 2013	$711.00M	+1.1%
Mar 2013	$703.00M	+7.2%
Dec 2012	$656.00M	-2.2%
Sep 2012	$671.00M	+8.1%
Jun 2012	$621.00M	+1.1%
Mar 2012	$614.00M	+8.3%
Dec 2011	$567.00M	-0.7%
Sep 2011	$571.00M	+8.1%
Jun 2011	$528.00M	+5.4%
Mar 2011	$501.00M	-0.6%
Dec 2010	$504.00M	-8.4%
Sep 2010	$550.00M	+22.0%
Jun 2010	$451.00M	-4.0%
Mar 2010	$470.00M	+6.6%
Dec 2009	$441.00M	-12.8%
Sep 2009	$506.00M	+21.6%
Jun 2009	$416.00M	-1.0%
Mar 2009	$420.00M	0.0%
Dec 2008	$420.00M	-10.6%
Sep 2008	$470.00M	+4.2%
Jun 2008	$451.00M	+5.9%
Mar 2008	$426.00M	+2.4%
Dec 2007	$416.00M	-

FAQ

What is the current quarterly cost of goods sold of V?
As of today, V quarterly cost of goods sold is $2.32B
What is V quarterly cost of goods sold most recent change?
V quarterly cost of goods sold was up +1.13% on December 31, 2025
What is 1-year change in V quarterly cost of goods sold?
V quarterly cost of goods sold is up +0.91% year-over-year
How far is V quarterly cost of goods sold from its all-time high?
V quarterly cost of goods sold is currently at its all-time high
How does V quarterly cost of goods sold rank versus sector peers?
V quarterly cost of goods sold is higher than 97.47% of companies in Financial Services sector
When is V next earnings release?
The next earnings release for V is on April 28, 2026

TTM Cost Of Goods Sold

$9.10B$21.00M+0.23%

December 31, 2025

Summary

Current Value: As of today, V TTM cost of goods sold is $9.10B, up +0.23% on December 31, 2025
Historical Performance: V TTM cost of goods sold is up +7.38% year-over-year, up +33.31% over the past 3 years
All-Time High Comparison: V TTM cost of goods sold is currently at its all-time high
3-Year Low Comparison: V TTM cost of goods sold is +33.31% above its 3-year low of $6.82B reached on an earlier date
Sector Comparison: V TTM cost of goods sold is higher than 97.65% of companies in Financial Services sector

Performance

V Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Cost Of Goods Sold	Dec 31, 25	$9.10B	+0.2%	+7.4%	+33.3%	+72.1%
Annual Cost Of Goods Sold	Sep 30, 25	$9.08B	–	+12.4%	+37.6%	+71.9%
Quarterly Cost Of Goods Sold	Dec 31, 25	$2.32B	+1.1%	+0.9%	+33.4%	+72.0%
Price	Feb 20, 26	$320.95	-0.9%	-8.4%	+43.6%	+56.8%
TTM Gross Profit	Dec 31, 25	$32.30B	+4.4%	+14.0%	+38.2%	+99.4%
TTM Revenue	Dec 31, 25	$41.39B	+3.5%	+12.5%	+37.1%	+92.7%

TTM Cost Of Goods Sold Highs

V TTM Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	$9.10B	Dec 31, 25	at high
3Y	$9.10B	Dec 31, 25	at high
5Y	$9.10B	Dec 31, 25	at high
All	$9.10B	Dec 31, 25	at high

TTM Cost Of Goods Sold Lows

V TTM Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	$8.47B	N/A	+7.4%
3Y	$6.82B	N/A	+33.3%
5Y	$5.29B	N/A	+72.1%
All	$416.00M	Dec 31, 07	+2086.5%

TTM Cost Of Goods Sold History

Month	Value	Change
Dec 2025	$9.10B	+0.2%
Sep 2025	$9.08B	+2.3%
Jun 2025	$8.87B	+2.9%
Mar 2025	$8.62B	+1.7%
Dec 2024	$8.47B	+4.9%
Sep 2024	$8.08B	+1.9%
Jun 2024	$7.93B	+1.8%
Mar 2024	$7.79B	+1.5%
Dec 2023	$7.68B	+2.2%
Sep 2023	$7.51B	+2.4%
Jun 2023	$7.34B	+2.9%
Mar 2023	$7.13B	+4.5%
Dec 2022	$6.82B	+3.5%
Sep 2022	$6.59B	+5.2%
Jun 2022	$6.27B	+3.3%
Mar 2022	$6.07B	+2.2%
Dec 2021	$5.94B	+2.8%
Sep 2021	$5.77B	+2.3%
Jun 2021	$5.64B	+3.3%
Mar 2021	$5.46B	+3.4%
Dec 2020	$5.29B	+0.1%
Sep 2020	$5.28B	+1.4%
Jun 2020	$5.21B	+1.7%
Mar 2020	$5.12B	+1.8%
Dec 2019	$5.03B	+4.3%
Sep 2019	$4.82B	+1.5%
Jun 2019	$4.75B	+1.0%
Mar 2019	$4.70B	+1.7%
Dec 2018	$4.62B	+3.5%
Sep 2018	$4.47B	+4.6%
Jun 2018	$4.27B	+4.5%
Mar 2018	$4.09B	+4.1%
Dec 2017	$3.93B	+3.2%
Sep 2017	$3.80B	-0.6%
Jun 2017	$3.83B	+6.6%
Mar 2017	$3.59B	+6.2%
Dec 2016	$3.38B	+3.5%

Month	Value	Change
Sep 2016	$3.27B	+7.2%
Jun 2016	$3.05B	-2.0%
Mar 2016	$3.11B	+1.9%
Dec 2015	$3.05B	+0.1%
Sep 2015	$3.05B	+1.3%
Jun 2015	$3.01B	+3.9%
Mar 2015	$2.90B	+1.5%
Dec 2014	$2.85B	+1.2%
Sep 2014	$2.82B	+0.3%
Jun 2014	$2.81B	-0.4%
Mar 2014	$2.82B	-1.1%
Dec 2013	$2.85B	+1.9%
Sep 2013	$2.80B	+2.0%
Jun 2013	$2.74B	+3.4%
Mar 2013	$2.65B	+3.5%
Dec 2012	$2.56B	+3.6%
Sep 2012	$2.47B	+4.2%
Jun 2012	$2.37B	+4.1%
Mar 2012	$2.28B	+5.2%
Dec 2011	$2.17B	+3.0%
Sep 2011	$2.10B	+1.0%
Jun 2011	$2.08B	+3.8%
Mar 2011	$2.01B	+1.6%
Dec 2010	$1.98B	+3.3%
Sep 2010	$1.91B	+2.4%
Jun 2010	$1.87B	+1.9%
Mar 2010	$1.83B	+2.8%
Dec 2009	$1.78B	+1.2%
Sep 2009	$1.76B	+2.1%
Jun 2009	$1.73B	-2.0%
Mar 2009	$1.76B	-0.3%
Dec 2008	$1.77B	+0.2%
Sep 2008	$1.76B	+36.3%
Jun 2008	$1.29B	+53.6%
Mar 2008	$842.00M	+102.4%
Dec 2007	$416.00M	-

FAQ

What is the current TTM cost of goods sold of V?
As of today, V TTM cost of goods sold is $9.10B
What is V TTM cost of goods sold most recent change?
V TTM cost of goods sold was up +0.23% on December 31, 2025
What is 1-year change in V TTM cost of goods sold?
V TTM cost of goods sold is up +7.38% year-over-year
How far is V TTM cost of goods sold from its all-time high?
V TTM cost of goods sold is currently at its all-time high
How does V TTM cost of goods sold rank versus sector peers?
V TTM cost of goods sold is higher than 97.65% of companies in Financial Services sector
When is V next earnings release?
The next earnings release for V is on April 28, 2026

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

V Official Website www.visa.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1403161/000140316126000045/0001403161-26-000045-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1403161/000140316125000089/0001403161-25-000089-index.htm
V Profile on Yahoo Finance finance.yahoo.com/quote/V
V Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/v