Filings monitor · V

What VISA INC.'s SEC filings said

10-K for 2026, filed 5 Nov 2026. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Share Repurchase and Capital Return Program83 · importance in its document · 10-K · 2026
   Visa repurchased 61 million class A shares for $20.5 billion during fiscal 2026. In April 2026, the board authorized an additional $20.0 billion repurchase program, and $24.4 billion of authorization remained at September 30, 2026. Visa…
2. Acquisitions and Divestitures65 · importance in its document · 10-K · 2026
   In August 2026, Visa agreed to acquire BioCatch, a behavioral-first, multi-signal fraud-intelligence provider, for $2.4 billion in cash; the transaction remained subject to customary closing conditions and regulatory approvals. In…
3. Value-Added Services Growth64 · importance in its document · 10-K · 2026
   Value-added services revenue reached $14.2 billion in fiscal 2026, up 31% from the prior year, with growth across all portfolios and the largest contributions from Issuing Solutions and Advisory and Other Services. Growth reflected…
4. Interchange Litigation Provision and Escrow64 · importance in its document · 10-K · 2026
   Visa recorded $1.6 billion of additional accruals during fiscal 2026 for claims associated with interchange multidistrict litigation. It deposited an additional $1.3 billion into the U.S. litigation escrow account during the year; the…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-K · 2026 filed 5 Nov 2026

Full report · Filing on EDGAR

• Share Repurchase and Capital Return ProgramImportance 83
  Visa repurchased 61 million class A shares for $20.5 billion during fiscal 2026. In April 2026, the board authorized an additional $20.0 billion repurchase program, and $24.4 billion of authorization remained at…
• Acquisitions and DivestituresImportance 65 · +2 more on this subject
  In August 2026, Visa agreed to acquire BioCatch, a behavioral-first, multi-signal fraud-intelligence provider, for $2.4 billion in cash; the transaction remained subject to customary closing conditions and regulatory…
• Value-Added Services GrowthImportance 64 · +1 more on this subject
  Value-added services revenue reached $14.2 billion in fiscal 2026, up 31% from the prior year, with growth across all portfolios and the largest contributions from Issuing Solutions and Advisory and Other Services.…
• Interchange Litigation Provision and EscrowImportance 64
  Visa recorded $1.6 billion of additional accruals during fiscal 2026 for claims associated with interchange multidistrict litigation. It deposited an additional $1.3 billion into the U.S. litigation escrow account…
• Market Demand Trends — Consumer Spending & Cross-borderImportance 48
  Fiscal 2026 volume growth was driven primarily by resilient consumer spending and continued expansion in digital commerce. Nominal payments volume grew 10%, supported by broad-based credit and debit spending, while…
• Liquidity and Cash PositionImportance 42
  At September 30, 2026, Visa held $12.9 billion of cash and cash equivalents and $850 million of available-for-sale debt securities. Operating cash flow increased to $23.728 billion in fiscal 2026 from $23.059 billion,…
• Regulatory Risk — Brazil Settlement RequirementsImportance 40
  Brazil’s Central Bank adopted enhanced prudential requirements for payment networks that may require Visa to absorb certain settlement-related losses involving sellers in Brazil when settlement failures occur and…
• Outstanding IndebtednessImportance 37
  Visa issued $3.0 billion of fixed-rate senior notes in February 2026, with maturities ranging from three to ten years. At September 30, 2026, senior-note principal outstanding totaled $22.6 billion. Principal payments…
• Operating Expense TrendsImportance 35
  Fiscal 2026 operating expenses rose 11% to $17.793 billion from $16.006 billion, primarily because of higher personnel and marketing expenses. Personnel expense increased to $7.934 billion from $6.961 billion,…
• OECD Global Minimum TaxImportance 29
  The OECD issued administrative guidance on implementing a 15% global minimum tax, which various jurisdictions have enacted or are considering. In fiscal 2026, Visa recorded a provision for global minimum taxes,…
• Class B Share ExchangeImportance 28
  In May 2026, Visa accepted 3 million tendered class B-1 shares and 120 million tendered class B-2 shares in its exchange offer. In exchange for the retired shares, Visa issued 61 million class B-3 shares and 23 million…
• Income Tax Rate ChangesImportance 25
  Visa's effective income tax rate was 16% in fiscal 2026, compared with 17% in fiscal 2025. Fiscal 2026 included a $314 million deferred tax benefit from a change in U.S. taxation of certain foreign earnings. Visa also…

8-K filings last 12 months

• Results, no stated guidance change27 Oct 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Share Repurchase and Capital Return Program · Revenue Performance and Mix · Headcount and Restructuring
• Results, no stated guidance change28 Jul 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Interchange Litigation Exposure · Income Tax Rate Changes · Outstanding Indebtedness
• Press release attached to an 8-K11 May 2026 · 8-K
  Read from the attached exhibit: Class B Exchange Offer Results · Exchange Offer Results · Exchange Offer — Capital Structure
• Results, no stated guidance change28 Apr 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Income Tax / Federal Tax Credits · Litigation Provision and Escrow · Value-added Services Growth
• Results, no stated guidance change29 Jan 2026 · 8-K Item 2.02 · Routine · rule score 10

Earlier reports

• 10-Q · 2026Q2filed 29 Jul 2026
  Share Repurchase and Capital Return Program · Outstanding Indebtedness · Acquisition — Prisma and Newpay
• 10-Q · 2026Q1filed 29 Apr 2026
  Income Tax Provision / Rate Changes · Value-added Services Growth · Client Incentives and Cash Flow Impact

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.