PayPal Holdings, Inc. (PYPL)

PayPal Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	31,797	29,771	27,518	25,371	21,454
Revenue Growth (YoY)	6.80%	8.19%	8.46%	18.26%	20.72%
Cost of Revenue	18,907	17,986	15,865	13,450	11,453
Gross Profit	12,890	11,785	11,653	11,921	10,001
Selling, General & Admin	4,148	3,868	4,356	4,559	3,931
Research & Development	2,979	2,973	3,253	3,038	2,642
Other Operating Expenses	131	89	5	9	-
Operating Expenses	7,258	6,930	7,614	7,606	6,573
Operating Income	5,632	4,855	4,039	4,315	3,428
Interest Expense	-382	-347	-304	-232	-209
Interest & Investment Income	662	480	174	57	88
Currency Exchange Gain (Loss)	178	-163	202	144	-110
Other Non Operating Income (Expenses)	-140	155	-65	-214	157
EBT Excluding Unusual Items	5,950	4,980	4,046	4,070	3,354
Merger & Restructuring Charges	-307	-122	-121	-27	-109
Gain (Loss) on Sale of Investments	-314	258	-478	82	1,850
Gain (Loss) on Sale of Assets	-	356	-	-	-
Asset Writedown	-	-61	-81	-26	-30
Pretax Income	5,329	5,411	3,366	4,099	5,065
Income Tax Expense	1,182	1,165	947	-70	863
Net Income	4,147	4,246	2,419	4,169	4,202
Net Income to Common	4,147	4,246	2,419	4,169	4,202
Net Income Growth	-2.33%	75.53%	-41.98%	-0.78%	70.88%
Shares Outstanding (Basic)	1,029	1,103	1,154	1,174	1,173
Shares Outstanding (Diluted)	1,039	1,107	1,158	1,186	1,187
Shares Change (YoY)	-6.14%	-4.40%	-2.36%	-0.08%	-0.08%
EPS (Basic)	4.03	3.85	2.10	3.55	3.58
EPS (Diluted)	3.99	3.84	2.09	3.52	3.54
EPS Growth	3.91%	83.73%	-40.63%	-0.56%	71.01%
Free Cash Flow	6,767	4,220	5,107	4,889	5,353
Free Cash Flow Per Share	6.51	3.81	4.41	4.12	4.51
Gross Margin	40.54%	39.59%	42.35%	46.99%	46.62%
Operating Margin	17.71%	16.31%	14.68%	17.01%	15.98%
Profit Margin	13.04%	14.26%	8.79%	16.43%	19.59%
Free Cash Flow Margin	21.28%	14.17%	18.56%	19.27%	24.95%
EBITDA	6,166	5,445	4,930	5,214	4,295
EBITDA Margin	19.39%	18.29%	17.92%	20.55%	20.02%
D&A For EBITDA	534	590	891	899	867
EBIT	5,632	4,855	4,039	4,315	3,428
EBIT Margin	17.71%	16.31%	14.68%	17.01%	15.98%
Effective Tax Rate	22.18%	21.53%	28.13%	-	17.04%
Advertising Expenses	574	364	518	740	654

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q