PayPal Holdings, Inc. (PYPL)
NASDAQ: PYPL · Real-Time Price · USD
52.69
-0.42 (-0.79%)
At close: Jan 30, 2026, 4:00 PM EST
52.70
+0.01 (0.02%)
After-hours: Jan 30, 2026, 7:59 PM EST
PayPal Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 |
| 32,862 | 32,292 | 31,889 | 31,797 | 31,457 | 31,028 | 30,430 | 29,771 | 29,128 | 28,556 | 28,075 | 27,518 | 27,053 | 26,389 | 25,821 | 25,371 | 24,569 | 23,846 | 22,869 | 21,454 | |
Revenue Growth (YoY) | 4.47% | 4.07% | 4.79% | 6.80% | 8.00% | 8.66% | 8.39% | 8.19% | 7.67% | 8.21% | 8.73% | 8.46% | 10.11% | 10.66% | 12.91% | 18.26% | 21.04% | 24.08% | 25.23% | 20.72% |
Cost of Revenue | 19,205 | 18,832 | 18,688 | 18,907 | 18,844 | 18,747 | 18,465 | 17,986 | 17,420 | 16,761 | 16,358 | 15,865 | 15,446 | 14,918 | 14,104 | 13,450 | 12,819 | 12,298 | 11,790 | 11,453 |
Gross Profit | 13,657 | 13,460 | 13,201 | 12,890 | 12,613 | 12,281 | 11,965 | 11,785 | 11,708 | 11,795 | 11,717 | 11,653 | 11,607 | 11,471 | 11,717 | 11,921 | 11,750 | 11,548 | 11,079 | 10,001 |
Selling, General & Admin | 4,289 | 4,282 | 4,254 | 4,148 | 3,948 | 3,870 | 3,810 | 3,868 | 3,887 | 3,945 | 4,098 | 4,356 | 4,553 | 4,593 | 4,634 | 4,559 | 4,497 | 4,424 | 4,200 | 3,931 |
Research & Development | 3,072 | 3,017 | 2,968 | 2,979 | 2,976 | 2,969 | 2,994 | 2,973 | 3,025 | 3,087 | 3,159 | 3,253 | 3,227 | 3,181 | 3,112 | 3,038 | 2,974 | 2,893 | 2,778 | 2,642 |
Other Operating Expenses | 156 | 115 | 121 | 131 | 132 | 122 | 126 | 89 | 52 | 39 | 5 | 5 | 6 | 3 | 9 | 9 | 7 | 6 | - | - |
Operating Expenses | 7,517 | 7,414 | 7,343 | 7,258 | 7,056 | 6,961 | 6,930 | 6,930 | 6,964 | 7,071 | 7,262 | 7,614 | 7,786 | 7,777 | 7,755 | 7,606 | 7,478 | 7,323 | 6,978 | 6,573 |
Operating Income | 6,140 | 6,046 | 5,858 | 5,632 | 5,557 | 5,320 | 5,035 | 4,855 | 4,744 | 4,724 | 4,455 | 4,039 | 3,821 | 3,694 | 3,962 | 4,315 | 4,272 | 4,225 | 4,101 | 3,428 |
Interest Expense | -427 | -420 | -399 | -382 | -372 | -352 | -346 | -347 | -349 | -350 | -332 | -304 | -274 | -245 | -233 | -232 | -232 | -232 | -230 | -209 |
Interest & Investment Income | 547 | 611 | 641 | 662 | 646 | 587 | 538 | 480 | 432 | 356 | 267 | 174 | 104 | 71 | 57 | 57 | 59 | 61 | 70 | 88 |
Currency Exchange Gain (Loss) | 116 | -62 | 54 | 178 | -251 | -2 | -47 | -163 | -34 | -62 | 166 | 202 | 248 | 254 | 64 | 144 | 7 | -144 | -106 | -110 |
Other Non Operating Income (Expenses) | -215 | -50 | -81 | -140 | 248 | 22 | 55 | 155 | 175 | 263 | 139 | -65 | -72 | -133 | -92 | -214 | -6 | 42 | 27 | 157 |
EBT Excluding Unusual Items | 6,161 | 6,125 | 6,073 | 5,950 | 5,828 | 5,575 | 5,235 | 4,980 | 4,968 | 4,931 | 4,695 | 4,046 | 3,827 | 3,641 | 3,758 | 4,070 | 4,100 | 3,952 | 3,862 | 3,354 |
Merger & Restructuring Charges | -145 | -180 | -171 | -307 | -296 | -263 | -180 | -122 | -127 | -147 | -218 | -121 | -114 | -91 | -15 | -27 | -62 | -81 | -112 | -109 |
Gain (Loss) on Sale of Investments | 59 | -92 | -179 | -314 | -171 | -2 | 149 | 258 | -40 | 364 | -554 | -478 | -687 | -966 | 129 | 82 | 1,249 | 1,395 | 1,980 | 1,850 |
Gain (Loss) on Sale of Assets | - | - | - | - | 351 | 350 | 364 | 356 | 5 | 6 | -8 | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | - | - | - | -18 | -22 | -61 | -78 | -89 | -104 | -81 | -64 | -35 | -16 | -26 | -35 | -35 | -56 | -30 |
Pretax Income | 6,075 | 5,853 | 5,723 | 5,329 | 5,712 | 5,642 | 5,546 | 5,411 | 4,728 | 5,065 | 3,811 | 3,366 | 2,962 | 2,549 | 3,856 | 4,099 | 5,252 | 5,231 | 5,674 | 5,065 |
Income Tax Expense | 1,158 | 1,174 | 1,177 | 1,182 | 1,284 | 1,204 | 1,207 | 1,165 | 963 | 990 | 1,106 | 947 | 663 | 493 | 275 | -70 | 317 | 362 | 459 | 863 |
Net Income | 4,917 | 4,679 | 4,546 | 4,147 | 4,428 | 4,438 | 4,339 | 4,246 | 3,765 | 4,075 | 2,705 | 2,419 | 2,299 | 2,056 | 3,581 | 4,169 | 4,935 | 4,869 | 5,215 | 4,202 |
Net Income to Common | 4,917 | 4,679 | 4,546 | 4,147 | 4,428 | 4,438 | 4,339 | 4,246 | 3,765 | 4,075 | 2,705 | 2,419 | 2,299 | 2,056 | 3,581 | 4,169 | 4,935 | 4,869 | 5,215 | 4,202 |
Net Income Growth | 11.04% | 5.43% | 4.77% | -2.33% | 17.61% | 8.91% | 60.41% | 75.53% | 63.77% | 98.20% | -24.46% | -41.98% | -53.41% | -57.77% | -31.33% | -0.78% | 57.07% | 88.50% | 177.98% | 70.88% |
Shares Outstanding (Basic) | 975 | 991 | 1,010 | 1,029 | 1,050 | 1,070 | 1,087 | 1,103 | 1,118 | 1,134 | 1,146 | 1,154 | 1,163 | 1,168 | 1,172 | 1,174 | 1,174 | 1,174 | 1,173 | 1,173 |
Shares Outstanding (Diluted) | 987 | 1,003 | 1,021 | 1,039 | 1,057 | 1,075 | 1,092 | 1,107 | 1,122 | 1,137 | 1,149 | 1,158 | 1,168 | 1,175 | 1,182 | 1,186 | 1,188 | 1,189 | 1,188 | 1,187 |
Shares Change (YoY) | -6.65% | -6.70% | -6.48% | -6.14% | -5.82% | -5.45% | -4.96% | -4.40% | -3.94% | -3.23% | -2.79% | -2.36% | -1.66% | -1.14% | -0.57% | -0.08% | 0.10% | 0.17% | 0.08% | -0.08% |
EPS (Basic) | 5.04 | 4.72 | 4.50 | 4.03 | 4.22 | 4.15 | 3.99 | 3.85 | 3.37 | 3.60 | 2.36 | 2.10 | 1.98 | 1.76 | 3.06 | 3.55 | 4.20 | 4.15 | 4.45 | 3.58 |
EPS (Diluted) | 4.98 | 4.67 | 4.45 | 3.99 | 4.20 | 4.13 | 3.98 | 3.84 | 3.35 | 3.59 | 2.36 | 2.09 | 1.97 | 1.75 | 3.03 | 3.52 | 4.16 | 4.10 | 4.39 | 3.54 |
EPS Growth | 18.59% | 12.89% | 11.79% | 3.91% | 25.17% | 15.26% | 68.77% | 83.73% | 70.04% | 104.87% | -22.21% | -40.63% | -52.58% | -57.29% | -30.87% | -0.56% | 56.98% | 88.07% | 177.57% | 71.01% |
Free Cash Flow | 5,565 | 5,292 | 5,968 | 6,767 | 7,045 | 6,701 | 4,983 | 4,220 | 3,184 | 3,656 | 5,081 | 5,107 | 4,681 | 4,394 | 4,378 | 4,889 | 5,003 | 4,790 | 5,310 | 5,353 |
Free Cash Flow Per Share | 5.64 | 5.28 | 5.85 | 6.51 | 6.67 | 6.23 | 4.57 | 3.81 | 2.84 | 3.21 | 4.42 | 4.41 | 4.01 | 3.74 | 3.71 | 4.12 | 4.21 | 4.03 | 4.47 | 4.51 |
Dividend Per Share | 0.140 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 41.56% | 41.68% | 41.40% | 40.54% | 40.10% | 39.58% | 39.32% | 39.59% | 40.20% | 41.30% | 41.73% | 42.35% | 42.91% | 43.47% | 45.38% | 46.99% | 47.82% | 48.43% | 48.45% | 46.62% |
Operating Margin | 18.68% | 18.72% | 18.37% | 17.71% | 17.66% | 17.15% | 16.55% | 16.31% | 16.29% | 16.54% | 15.87% | 14.68% | 14.12% | 14.00% | 15.34% | 17.01% | 17.39% | 17.72% | 17.93% | 15.98% |
Profit Margin | 14.96% | 14.49% | 14.26% | 13.04% | 14.08% | 14.30% | 14.26% | 14.26% | 12.93% | 14.27% | 9.63% | 8.79% | 8.50% | 7.79% | 13.87% | 16.43% | 20.09% | 20.42% | 22.80% | 19.59% |
Free Cash Flow Margin | 16.93% | 16.39% | 18.71% | 21.28% | 22.40% | 21.60% | 16.38% | 14.17% | 10.93% | 12.80% | 18.10% | 18.56% | 17.30% | 16.65% | 16.96% | 19.27% | 20.36% | 20.09% | 23.22% | 24.95% |
EBITDA | 6,619 | 6,536 | 6,372 | 6,166 | 6,121 | 5,899 | 5,620 | 5,445 | 5,453 | 5,493 | 5,288 | 4,930 | 4,772 | 4,638 | 4,889 | 5,214 | 5,190 | 5,118 | 4,975 | 4,295 |
EBITDA Margin | 20.14% | 20.24% | 19.98% | 19.39% | 19.46% | 19.01% | 18.47% | 18.29% | 18.72% | 19.24% | 18.83% | 17.92% | 17.64% | 17.58% | 18.93% | 20.55% | 21.12% | 21.46% | 21.75% | 20.02% |
D&A For EBITDA | 479 | 490 | 514 | 534 | 564 | 579 | 585 | 590 | 709 | 769 | 833 | 891 | 951 | 944 | 927 | 899 | 918 | 893 | 874 | 867 |
EBIT | 6,140 | 6,046 | 5,858 | 5,632 | 5,557 | 5,320 | 5,035 | 4,855 | 4,744 | 4,724 | 4,455 | 4,039 | 3,821 | 3,694 | 3,962 | 4,315 | 4,272 | 4,225 | 4,101 | 3,428 |
EBIT Margin | 18.68% | 18.72% | 18.37% | 17.71% | 17.66% | 17.15% | 16.55% | 16.31% | 16.29% | 16.54% | 15.87% | 14.68% | 14.12% | 14.00% | 15.34% | 17.01% | 17.39% | 17.72% | 17.93% | 15.98% |
Effective Tax Rate | 19.06% | 20.06% | 20.57% | 22.18% | 22.48% | 21.34% | 21.76% | 21.53% | 20.37% | 19.55% | 29.02% | 28.13% | 22.38% | 19.34% | 7.13% | - | 6.04% | 6.92% | 8.09% | 17.04% |
Advertising Expenses | - | - | - | 574 | - | - | - | 364 | - | - | - | 518 | - | - | - | 740 | - | - | - | 654 |
Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.