PayPal Holdings, Inc. (PYPL)
NASDAQ: PYPL · Real-Time Price · USD
58.67
+0.74 (1.28%)
Aug 6, 2026, 10:10 AM EDT - Market open
PayPal Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 4,902 | 5,233 | 4,147 | 4,246 | 2,419 | 4,169 |
Depreciation & Amortization | 963 | 963 | 1,032 | 1,072 | 1,317 | 1,265 |
Stock-Based Compensation | 1,001 | 1,002 | 1,230 | 1,475 | 1,261 | 1,376 |
Other Adjustments | 2,162 | 1,598 | 1,745 | 39 | 1,270 | 632 |
Change in Receivables | 337 | 144 | 85 | -114 | -163 | -222 |
Changes in Accounts Payable | 56 | 4 | 83 | 7 | -35 | -31 |
Changes in Other Operating Activities | -1,946 | -2,528 | -872 | -1,882 | -256 | -1,392 |
Operating Cash Flow | 7,475 | 6,416 | 7,450 | 4,843 | 5,813 | 5,797 |
Operating Cash Flow Growth | 23.23% | -13.88% | 53.83% | -16.69% | 0.28% | -6.79% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -889 | -852 | -683 | -623 | -706 | -908 |
Sale of Property, Plant & Equipment | 19 | 3 | 1 | 45 | 5 | 5 |
Purchases of Investments | -21,818 | -20,399 | -26,209 | -21,980 | -20,219 | -40,116 |
Proceeds from Sale of Investments | 20,997 | 22,933 | 26,962 | 24,295 | 23,411 | 39,698 |
Cash Acquisitions | - | - | - | - | - | -2,763 |
Proceeds from Business Divestments | - | - | - | 466 | - | - |
Other Investing Activities | 1,308 | -888 | 1,618 | -1,451 | -5,819 | -1,065 |
Investing Cash Flow | -511 | 797 | 1,689 | 752 | -3,328 | -5,149 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 2,949 | 656 | - | - | - |
Short-Term Debt Repaid | - | -2,949 | -656 | - | - | - |
Long-Term Debt Issued | 4,660 | 2,637 | 1,546 | 1,528 | 3,475 | 272 |
Long-Term Debt Repaid | -2,624 | -2,155 | -1,661 | -1,053 | -1,686 | -361 |
Net Long-Term Debt Issued (Repaid) | 2,036 | 482 | -115 | 475 | 1,789 | -89 |
Issuance of Common Stock | - | 117 | 95 | 127 | 143 | 162 |
Repurchase of Common Stock | -6,053 | -6,052 | -6,047 | -5,002 | -4,199 | -3,373 |
Net Common Stock Issued (Repurchased) | -6,053 | -5,935 | -5,952 | -4,875 | -4,056 | -3,211 |
Common Dividends Paid | -382 | -130 | - | - | - | - |
Other Financing Activities | 362 | -375 | -2,209 | 1,407 | 1,064 | 2,743 |
Financing Cash Flow | -3,934 | -5,958 | -8,276 | -2,993 | -1,203 | -557 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -37 | 273 | -207 | 76 | -155 | -102 |
Net Cash Flow | 2,993 | 1,528 | 656 | 2,678 | 1,127 | -11 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 6,586 | 5,564 | 6,767 | 4,220 | 5,107 | 4,889 |
Free Cash Flow Growth | 24.45% | -17.78% | 60.36% | -17.37% | 4.46% | -8.67% |
FCF Margin | 19.30% | 16.77% | 21.28% | 14.17% | 18.56% | 19.27% |
Free Cash Flow Per Share | 7.12 | 5.75 | 6.51 | 3.81 | 4.41 | 4.12 |
Levered Free Cash Flow | 5,122 | 3,302 | 3,592 | 3,295 | 4,528 | 3,014 |
Unlevered Free Cash Flow | 3,155 | 2,631 | 3,704 | 2,519 | 3,077 | 3,269 |