PayPal Holdings, Inc. (PYPL)
NASDAQ: PYPL · Real-Time Price · USD
55.85
-0.97 (-1.71%)
At close: Jul 21, 2026, 4:00 PM EDT
55.63
-0.22 (-0.39%)
Pre-market: Jul 22, 2026, 8:56 AM EDT
PayPal Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | 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 |
Net Income | 5,059 | 5,233 | 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 |
Depreciation & Amortization | 956 | 963 | 978 | 988 | 1,012 | 1,032 | 1,046 | 1,061 | 1,067 | 1,072 | 1,135 | 1,195 | 1,259 | 1,317 | 1,317 | 1,310 | 1,293 | 1,265 | 1,240 | 1,215 |
Stock-Based Compensation | 1,012 | 1,002 | 1,075 | 1,102 | 1,114 | 1,230 | 1,335 | 1,430 | 1,495 | 1,475 | 1,381 | 1,228 | 1,177 | 1,261 | 1,285 | 1,359 | 1,437 | 1,376 | 1,435 | 1,499 |
Other Adjustments | 1,671 | 1,598 | 1,993 | 1,576 | 1,586 | 1,745 | 876 | 689 | 557 | 39 | 657 | 426 | 1,240 | 1,270 | 1,664 | 1,692 | 592 | 632 | -76 | -4 |
Change in Receivables | 240 | 144 | 65 | -112 | 26 | 85 | -48 | -68 | -150 | -114 | -109 | -60 | -116 | -163 | -156 | -177 | -175 | -222 | -262 | -259 |
Changes in Accounts Payable | 4 | 4 | 53 | 44 | 53 | 83 | 37 | 8 | -18 | 7 | 14 | -20 | -3 | -35 | -36 | -99 | -26 | -31 | 39 | 85 |
Changes in Income Taxes Payable | - | - | - | - | - | - | - | - | - | - | - | 23 | 92 | 109 | - | - | - | - | -97 | -324 |
Changes in Other Operating Activities | -1,365 | -2,528 | -1,012 | -502 | -217 | -872 | 1,340 | 654 | -788 | -1,882 | - | - | - | -256 | - | - | - | -1,392 | - | - |
Operating Cash Flow | 6,390 | 6,416 | 6,426 | 6,066 | 6,693 | 7,450 | 7,670 | 7,315 | 5,590 | 4,843 | 3,820 | 4,316 | 5,982 | 5,813 | 6,201 | 5,959 | 5,799 | 5,797 | 5,824 | 5,625 |
Operating Cash Flow Growth | -4.53% | -13.88% | -16.22% | -17.08% | 19.73% | 53.83% | 100.78% | 69.49% | -6.55% | -16.69% | -38.40% | -27.57% | 3.16% | 0.28% | 6.47% | 5.94% | -4.79% | -6.79% | 0.92% | 1.30% |
Capital Expenditures | -887 | -852 | -861 | -774 | -725 | -683 | -625 | -614 | -607 | -623 | -636 | -660 | -685 | -706 | -761 | -806 | -878 | -908 | -921 | -935 |
Sale of Property, Plant & Equipment | 9 | 3 | 4 | 4 | - | 1 | 1 | - | 44 | 45 | 44 | 40 | 3 | 5 | 7 | 9 | 8 | 5 | 3 | 1 |
Purchases of Investments | -20,352 | -20,399 | -21,341 | -21,769 | -25,098 | -26,209 | -27,824 | -27,461 | -22,961 | -21,980 | -18,739 | -17,591 | -17,715 | -20,219 | -25,666 | -33,027 | -37,745 | -40,116 | -44,085 | -46,909 |
Proceeds from Sale of Investments | 21,989 | 22,933 | 24,810 | 24,316 | 23,185 | 26,962 | 29,364 | 27,794 | 28,092 | 24,295 | 22,751 | 23,066 | 20,105 | 23,411 | 26,078 | 32,102 | 38,731 | 39,698 | 41,565 | 39,798 |
Payments for Business Acquisitions | -122 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,763 | -469 | - |
Proceeds from Business Divestments | - | - | - | - | - | - | - | - | - | 466 | - | - | - | - | - | - | - | - | - | - |
Other Investing Activities | 1,718 | -888 | 940 | -442 | -532 | 1,618 | -2,611 | -4,598 | -3,455 | -1,451 | -2,266 | -2,021 | -4,224 | -5,819 | -3,809 | -3,484 | -2,006 | -1,065 | -511 | -280 |
Investing Cash Flow | 2,334 | 797 | 3,552 | 1,579 | -2,928 | 1,689 | -1,302 | -4,408 | 1,579 | 752 | 1,247 | 2,927 | -2,423 | -3,328 | -6,418 | -7,465 | -4,654 | -5,149 | -5,617 | -9,143 |
Short-Term Debt Issued | - | 2,949 | 2,949 | - | - | 656 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Short-Term Debt Repaid | - | -2,949 | -2,949 | - | - | -656 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Issued | 2,076 | 2,637 | 2,237 | 1,623 | 2,922 | 1,546 | 2,245 | 2,222 | 1,571 | 1,528 | 958 | 907 | 3,261 | 3,475 | 3,618 | 3,560 | - | 272 | 0 | - |
Long-Term Debt Repaid | -3,087 | -2,155 | -3,204 | -2,457 | -1,302 | -1,661 | -522 | -522 | -1,407 | -1,053 | -942 | -942 | -1,587 | -1,686 | -2,047 | -2,047 | - | -361 | 0 | - |
Net Long-Term Debt Issued (Repaid) | -1,011 | 482 | -967 | -834 | 1,620 | -115 | 1,723 | 1,700 | 164 | 475 | 16 | -35 | 1,674 | 1,789 | 1,571 | 1,513 | - | -89 | 0 | - |
Issuance of Common Stock | - | 117 | 114 | - | - | 95 | 100 | - | - | 127 | 139 | 139 | 141 | 143 | 158 | 159 | 163 | 162 | 155 | 155 |
Repurchase of Common Stock | -6,052 | -6,052 | -5,820 | -6,096 | -6,046 | -6,047 | -5,385 | -5,043 | -5,071 | -5,002 | -5,405 | -4,910 | -4,131 | -4,199 | -4,689 | -4,100 | -3,550 | -3,373 | -2,138 | -2,158 |
Net Common Stock Issued (Repurchased) | -6,052 | -5,935 | -5,706 | -6,096 | -6,046 | -5,952 | -5,285 | -5,043 | -5,071 | -4,875 | -5,266 | -4,771 | -3,990 | -4,056 | -4,531 | -3,941 | -3,387 | -3,211 | -1,983 | -2,003 |
Common Dividends Paid | - | -130 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Financing Activities | -305 | -375 | -921 | -1,478 | -589 | -2,209 | 1,931 | 4,162 | 2,207 | 1,407 | 132 | -3,344 | -906 | 1,064 | -41 | 1,783 | 1,007 | 2,743 | 4,159 | 5,938 |
Financing Cash Flow | -7,511 | -5,958 | -7,594 | -8,294 | -4,920 | -8,276 | -1,691 | 899 | -2,574 | -2,993 | -5,211 | -8,243 | -3,315 | -1,203 | -2,563 | -408 | -2,260 | -557 | 2,138 | 3,860 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 129 | 273 | -65 | 171 | -19 | -207 | 274 | 37 | -14 | 76 | 3 | -69 | -177 | -155 | -249 | -204 | -42 | -102 | 37 | 207 |
Net Cash Flow | -1,575 | -1,389 | -1,389 | -1,389 | -1,389 | 656 | 4,951 | 3,843 | 4,581 | 2,678 | -141 | -1,069 | 67 | 1,127 | -3,029 | -2,118 | -1,157 | -11 | 2,382 | 549 |
Free Cash Flow | 5,503 | 5,564 | 5,565 | 5,292 | 5,968 | 6,767 | 7,045 | 6,701 | 4,983 | 4,220 | 3,184 | 3,656 | 5,297 | 5,107 | 5,440 | 5,153 | 4,921 | 4,889 | 4,903 | 4,690 |
Free Cash Flow Growth | -7.79% | -17.78% | -21.01% | -21.03% | 19.77% | 60.36% | 121.26% | 83.29% | -5.93% | -17.37% | -41.47% | -29.05% | 7.64% | 4.46% | 10.95% | 9.87% | -5.55% | -8.67% | -1.09% | -2.43% |
FCF Margin | 16.31% | 16.77% | 16.93% | 16.39% | 18.71% | 21.28% | 22.40% | 21.60% | 16.38% | 14.17% | 10.93% | 12.80% | 18.87% | 18.56% | 20.11% | 19.53% | 19.06% | 19.27% | 19.96% | 19.67% |
Free Cash Flow Per Share | 5.80 | 5.75 | 5.64 | 5.27 | 5.85 | 6.51 | 6.67 | 6.23 | 4.56 | 3.81 | 2.84 | 3.21 | 4.61 | 4.41 | 4.66 | 4.39 | 4.16 | 4.12 | 4.13 | 3.94 |
Levered Free Cash Flow | 2,756 | 3,302 | 3,108 | 3,601 | 6,289 | 3,592 | 7,949 | 7,247 | 4,157 | 3,295 | 4,294 | 4,578 | 5,042 | 4,637 | 4,390 | 3,974 | 3,970 | 3,014 | 5,196 | 4,910 |
Unlevered Free Cash Flow | 3,718 | 2,631 | 4,010 | 4,445 | 4,640 | 3,704 | 6,148 | 5,348 | 3,720 | 2,519 | 4,131 | 4,154 | 3,591 | 3,186 | 3,348 | 3,283 | 4,040 | 3,269 | 4,184 | 3,866 |