PayPay Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Operating Revenue	232,362	219,900	175,235	147,229	121,594
Other Revenue	169,227	158,507	122,539	105,626	77,809
Revenue	401,589	378,407	297,774	252,855	199,403
Revenue Growth	27.58%	27.08%	17.77%	26.81%	-
Cost of Revenue	127,302	120,832	106,714	99,033	82,371
Gross Profit	216,532	200,796	142,574	111,402	80,033
Selling, General & Admin	19,502	19,979	19,770	26,284	23,522
Other Operating Expenses	103,047	100,735	87,294	85,107	77,059
Operating Expenses	122,549	120,714	107,064	111,391	100,581
Operating Income	93,983	80,082	35,510	11	-20,548
Earnings From Equity Investments	-92	-137	-549	-	-
Pretax Income	93,891	79,945	34,961	11	-20,548
Income Tax Expense	-32,859	-37,865	-4,196	841	4,398
Earnings From Continuing Operations	126,750	117,810	39,157	-830	-24,946
Minority Interest in Earnings	-3,799	-2,776	-2,987	-2,520	-910
Net Income	122,951	115,034	36,170	-3,350	-25,856
Net Income to Common	122,951	115,034	36,170	-3,350	-25,856
Net Income Growth	192.94%	218.04%	-	-	-
Shares Outstanding (Basic)	649	638	550	550	441
Shares Outstanding (Diluted)	657	644	550	550	441
Shares Change	15.22%	17.14%	-	24.80%	-
EPS (Basic)	189.41	180.42	65.76	-6.09	-58.67
EPS (Diluted)	187.13	178.55	65.76	-6.09	-58.70
EPS Growth	154.26%	171.52%	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023
Free Cash Flow	228,043	368,928	151,027	45,391	-204,986
Free Cash Flow Per Share	347.08	572.64	274.60	82.53	-465.14
Gross Margin	53.92%	53.06%	47.88%	44.06%	40.14%
Operating Margin	23.40%	21.16%	11.92%	0.00%	-10.30%
Profit Margin	30.62%	30.40%	12.15%	-1.32%	-12.97%
Free Cash Flow Margin	56.78%	97.50%	50.72%	17.95%	-102.80%
EBITDA	101,440	87,006	41,346	15,997	-8,858
EBITDA Margin	25.26%	22.99%	13.88%	6.33%	-4.44%
D&A For EBITDA	7,457	6,924	5,836	15,986	11,690
EBIT	93,983	80,082	35,510	11	-20,548
EBIT Margin	23.40%	21.16%	11.92%	0.00%	-10.30%
Effective Tax Rate	-	-	-	7645.45%	-
Revenue as Reported	404,296	380,662	299,078	254,611	201,194
Advertising Expenses	-	10,006	10,731	11,458	14,310

SEC Filings: 10-K · 10-Q