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PYPLPayPal Holdings, Inc.
$42.51$37.5B
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PYPL logoPayPal Holdings, Inc.(PYPL)Earnings, Financials & Key Ratios

PYPL•NASDAQ•Banking & Credit
7.9× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryCredit ServicesSub-IndustryPayment Networks and Merchant Acquiring
AboutPayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.Show more
  • Net Interest Income$76M-72.9%
  • Total Revenue$33.17B+4.3%
  • Net Income$5.23B+26.2%
  • Return on Equity25.73%+28.7%
  • Net Interest Margin0.09%-72.4%
  • Efficiency Ratio28.34%-3.5%
  • ROA6.47%+27.7%
  • Equity / Assets25.27%+1.0%
  • Book Value per Share20.93+6.5%

PYPL Key Insights

PayPal Holdings, Inc. (PYPL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 22.1%
  • ✓Strong Piotroski F-Score: 8/9
  • ✓Efficient operations: 28.3% efficiency ratio
  • ✓Well capitalized: 25.3% equity/assets
  • ✓Share count reduced 6.8% through buybacks
  • ✓Diversified revenue: 98.4% from non-interest income

✗Weaknesses

  • ✗Weak NIM of 0.1%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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PYPL Price & Volume

PayPal Holdings, Inc. (PYPL) stock price & volume — 10-year historical chart

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PYPL Growth Metrics

PayPal Holdings, Inc. (PYPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years13.62%
5 Years9.11%
3 Years6.43%
TTM-

Profit CAGR

10 Years15.6%
5 Years4.49%
3 Years29.33%
TTM11.28%

EPS CAGR

10 Years18.39%
5 Years8.85%
3 Years37.3%
TTM19.24%

Return on Capital

10 Years13.33%
5 Years14.74%
3 Years16.32%
Last Year18.11%

PYPL Recent Earnings

PayPal Holdings, Inc. (PYPL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 5, 2026
Metric
Actual
Est
EPS
$1.34+5.5%
$1.27
Rev
$8.4B+3.8%
$8.0B
Q1 2026
Feb 3, 2026
Metric
Actual
Est
EPS
$1.23-4.7%
$1.29
Rev
$8.7B-1.3%
$8.8B
Q4 2025
Oct 28, 2025
Metric
Actual
Est
EPS
$1.34+11.7%
$1.20
Rev
$8.4B+2.2%
$8.2B
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$1.40+7.7%
$1.30
Rev
$8.3B+2.5%
$8.1B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$1.34vs $1.27+5.5%
$8.4Bvs $8.0B+3.8%
Q1 2026Feb 3, 2026
$1.23vs $1.29-4.7%
$8.7Bvs $8.8B-1.3%
Q4 2025Oct 28, 2025
$1.34vs $1.20+11.7%
$8.4Bvs $8.2B+2.2%
Q3 2025Jul 29, 2025
$1.40vs $1.30+7.7%
$8.3Bvs $8.1B+2.5%
Based on last 12 quarters of dataView full earnings history →

PYPL Peer Comparison

PayPal Holdings, Inc. (PYPL) competitors in Payment Networks and Merchant Acquiring — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
V logoVVisa Inc.Direct Competitor627.79B327.2432.0811.34%51.68%58.9%0.66
MA logoMAMastercard IncorporatedDirect Competitor433.57B489.7929.6516.42%45.88%205.79%2.45
FIS logoFISFidelity National Information Services, Inc.Direct Competitor19.75B38.2150.955.43%22.91%18.45%0.29
FISV logoFISVFiserv, Inc.Direct Competitor25.59B47.867.553.6%15.17%12.43%1.13
GPN logoGPNGlobal Payments Inc.Direct Competitor15.83B66.8811.47-23.75%-7.99%-2.96%0.92
WEX logoWEXWEX Inc.Direct Competitor4.42B127.5315.061.24%11.5%26.96%3.94
AFRM logoAFRMAffirm Holdings, Inc.Product Competitor24.62B73.92492.8038.8%11.95%11.17%2.56
SOFI logoSOFISoFi Technologies, Inc.Product Competitor22.84B17.9145.9228.78%10.09%5.87%0.17

Compare PYPL vs Peers

PayPal Holdings, Inc. (PYPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs V

Most directly comparable listed peer for PYPL.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare PYPL against a more recognizable public peer.

Peer Set

Compare Top 5

vs V, MA, FIS, FISV

PYPL Income Statement

PayPal Holdings, Inc. (PYPL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income
78M91M82M-121M-175M-130M133M280M76M34M
NII Growth %
-16.67%-9.89%-247.56%-44.63%25.71%202.31%110.53%-72.86%-349.32%
Net Interest Margin %
0.19%0.21%0.16%-0.17%-0.23%-0.17%0.16%0.34%0.09%0.04%
Interest Income
85M168M197M88M57M174M480M662M517M372M
Interest Expense
7M77M115M209M232M304M347M382M441M338M
Loan Loss Provision
5.42B6.78B8.05B9.47B11.14B13.44B15.72B16.76B17.27B17.84B
Non-Interest Income
13.01B15.28B17.57B21.37B25.31B27.34B29.29B31.14B32.66B33.36B
Non-Interest Income %
99.35%98.91%98.89%99.59%99.78%99.37%98.39%97.92%98.44%98.9%
Total Revenue
13.09B▲ 0%
15.45B▲ 18.0%
17.77B▲ 15.0%
21.45B▲ 20.7%
25.37B▲ 18.3%
27.52B▲ 8.5%
29.77B▲ 8.2%
31.8B▲ 6.8%
33.17B▲ 4.3%
33.73B▲ 0%
Revenue Growth %
20.77%18%15.02%20.72%18.26%8.46%8.19%6.81%4.32%23.29%
Non-Interest Expense
5.54B6.4B6.88B8.49B9.73B9.94B8.68B9.33B9.4B9.54B
Efficiency Ratio
42.29%41.43%38.73%39.57%38.37%36.11%29.14%29.35%28.34%28.27%
Operating Income
2.13B▲ 0%
2.19B▲ 3.1%
2.72B▲ 23.9%
3.29B▲ 21.0%
4.26B▲ 29.6%
3.84B▼ 10.0%
5.03B▲ 31.0%
5.33B▲ 5.9%
6.07B▲ 13.9%
6.02B▲ 0%
Operating Margin %
16.24%14.2%15.3%15.33%16.8%13.94%16.89%16.75%18.28%17.85%
Operating Income Growth %
34.11%3.15%23.93%20.96%29.58%-9.97%31.04%5.91%13.9%-
Pretax Income
2.2B▲ 0%
2.38B▲ 8.0%
3B▲ 26.2%
5.07B▲ 68.9%
4.1B▼ 19.1%
3.37B▼ 17.9%
5.41B▲ 60.8%
5.33B▼ 1.5%
6.29B▲ 18.1%
6.08B▲ 0%
Pretax Margin %
16.8%15.38%16.87%23.61%16.16%12.23%18.18%16.76%18.97%18.03%
Income Tax
405M319M539M863M-70M947M1.17B1.18B1.06B1.02B
Effective Tax Rate %
18.41%13.43%17.98%17.04%-1.71%28.13%21.53%22.18%16.83%16.82%
Net Income
1.79B▲ 0%
2.06B▲ 14.6%
2.46B▲ 19.5%
4.2B▲ 70.9%
4.17B▼ 0.8%
2.42B▼ 42.0%
4.25B▲ 75.5%
4.15B▼ 2.3%
5.23B▲ 26.2%
5.06B▲ 0%
Net Margin %
13.71%13.31%13.84%19.59%16.43%8.79%14.26%13.04%15.78%15%
Net Income Growth %
28.12%14.6%19.54%70.88%-0.79%-41.98%75.53%-2.33%26.19%11.28%
Net Income (Continuing)
1.79B2.06B2.46B4.2B4.17B2.42B4.25B4.15B5.23B5.06B
EPS (Diluted)
1.47▲ 0%
1.71▲ 16.3%
2.07▲ 21.1%
3.54▲ 71.0%
3.52▼ 0.6%
2.09▼ 40.6%
3.84▲ 83.7%
3.99▲ 3.9%
5.41▲ 35.6%
5.50▲ 0%
EPS Growth %
27.83%16.33%21.05%71.01%-0.56%-40.63%83.73%3.91%35.59%19.24%
EPS (Basic)
1.491.742.093.583.552.103.854.035.46-
Diluted Shares Outstanding
1.22B1.2B1.19B1.19B1.19B1.16B1.11B1.04B968M920M

PYPL Balance Sheet

PayPal Holdings, Inc. (PYPL) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments
5.7B9.11B10.76B13.08B9.39B10.85B14.06B10.82B10.42B40.53B
Cash & Due from Banks
2.88B7.58B7.35B4.79B5.2B7.78B9.08B6.56B8.05B6.98B
Short Term Investments
2.81B1.53B3.41B8.29B4.19B3.08B4.98B4.26B2.37B2.37B
Total Investments
4.77B2.5B6.28B14.38B10.99B8.09B8.25B8.84B6.7B6.49B
Investments Growth %
-3.07%-47.52%150.5%129.13%-23.56%-26.37%1.93%7.21%-24.21%-120.74%
Long-Term Investments
1.96B971M2.86B6.09B6.8B5.02B3.27B4.58B4.33B15.7B
Accounts Receivables
18.52B20.38B22.96B33.99B36.94B37.23B40B38.66B47.51B48.87B
Goodwill & Intangibles
4.51B7.11B6.99B10.18B12.79B12B11.56B11.16B11.07B11.15B
Goodwill
4.34B6.28B6.21B9.13B11.45B11.21B11.03B10.84B10.86B10.95B
Intangible Assets
168M825M778M1.05B1.33B788M537M326M208M206M
PP&E (Net)
1.53B1.72B1.69B1.81B1.91B1.73B1.49B1.51B1.7B1.71B
Other Assets
133M565M1.29B1.3B1.74B2.46B3.27B3.27B3.31B3.57B
Total Current Assets
32.65B32.96B38.49B50.99B52.57B57.42B62.57B61.09B59.76B59.99B
Total Non-Current Assets
8.13B10.37B12.84B19.38B23.23B21.2B19.6B20.52B20.41B20.55B
Total Assets
40.77B▲ 0%
43.33B▲ 6.3%
51.33B▲ 18.5%
70.38B▲ 37.1%
75.8B▲ 7.7%
78.62B▲ 3.7%
82.17B▲ 4.5%
81.61B▼ 0.7%
80.17B▼ 1.8%
80.55B▲ 0%
Asset Growth %
23.17%6.27%18.46%37.1%7.71%3.72%4.5%-0.68%-1.76%-12.15%
Return on Assets (ROA)
4.86%4.89%5.2%6.9%5.7%3.13%5.28%5.06%6.47%6.32%
Accounts Payable
20B21.84B24.76B35.67B39.04B40.14B42.07B39.9B40.44B41.66B
Total Debt
1B2B4.96B8.94B9.05B10.42B9.68B9.88B9.99B9.41B
Net Debt
-1.88B-5.58B-2.38B4.14B3.85B2.64B595M3.32B1.94B2.43B
Long-Term Debt
004.96B8.94B8.05B10.42B9.68B9.88B9.99B9.41B
Short-Term Debt
1B2B00999M00000
Other Liabilities
0000002.97B2.94B3.49B3.48B
Total Current Liabilities
22.86B25.9B26.92B38.45B43.03B45.01B48.47B48.38B46.44B47.64B
Total Non-Current Liabilities
1.92B2.04B7.49B11.87B11.05B13.34B12.65B12.82B13.47B12.88B
Total Liabilities
24.78B27.95B34.4B50.32B54.08B58.35B61.12B61.19B59.92B60.52B
Total Equity
15.99B▲ 0%
15.39B▼ 3.8%
16.93B▲ 10.0%
20.06B▲ 18.5%
21.73B▲ 8.3%
20.27B▼ 6.7%
21.05B▲ 3.8%
20.42B▼ 3.0%
20.26B▼ 0.8%
20.02B▲ 0%
Equity Growth %
8.71%-3.8%10.03%18.51%8.29%-6.69%3.83%-3.01%-0.79%-3.85%
Equity / Assets (Capital Ratio)
39.23%35.51%32.98%28.51%28.66%25.79%25.62%25.02%25.27%24.86%
Return on Equity (ROE)
11.69%13.11%15.22%22.72%19.95%11.52%20.55%20%25.73%25.08%
Book Value per Share
13.1012.7914.2516.9018.3217.5119.0219.6520.9321.77
Tangible BV per Share
9.416.888.378.327.547.158.578.919.499.64
Common Stock
0000000000
Additional Paid-in Capital
14.31B14.94B15.59B16.64B17.21B18.33B19.64B20.7B21.58B21.73B
Retained Earnings
3.82B5.88B8.34B12.37B16.54B18.95B23.2B27.35B32.47B33.45B
Accumulated OCI
-142M78M-173M-484M-136M-928M-746M-550M-658M-513M
Treasury Stock
-2B-5.51B-6.87B-8.51B-11.88B-16.08B-21.05B-27.09B-33.14B-34.65B
Preferred Stock
0000000000

PYPL Cash Flow Statement

PayPal Holdings, Inc. (PYPL) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
2.53B5.48B4.07B5.85B5.8B5.81B4.84B7.45B6.42B6.39B
Operating CF Growth %
-19.85%116.52%-25.71%43.8%-0.97%0.28%-16.69%53.83%-13.88%-21.47%
Net Income
1.79B2.06B2.46B4.2B4.17B2.42B4.25B4.15B5.23B5.06B
Depreciation & Amortization
805M776M912M1.19B1.26B1.32B1.07B1.03B963M956M
Deferred Taxes
-1.3B-171M-269M165M-482M-811M-668M231M217M-67M
Other Non-Cash Items
1.08B1.35B1.02B-356M1.11B2.08B32M1.37B65M606M
Working Capital Changes
-581M619M-1.07B-722M-1.65B-454M-1.31B-558M-1.06B-1.18B
Cash from Investing
-4.49B821M-5.74B-16.22B-5.15B-3.33B752M1.69B797M2.35B
Purchase of Investments
-19.42B-22.38B-27.88B-41.51B-40.12B-20.22B-21.98B-26.63B-20.6B-24.22B
Sale/Maturity of Investments
18.45B21.9B24.88B30.91B39.7B23.41B24.3B337M23.22B25.94B
Net Investment Activity
-970M-483M-3B-10.61B-418M3.19B2.31B-26.3B2.62B1.73B
Acquisitions
-323M-2.12B-70M-3.61B-2.76B0466M00-122M
Other Investing
-2.52B4.25B-1.97B-1.14B-1.06B-5.81B-1.41B28.67B-972M1.63B
Cash from Financing
4.08B-1.24B4.19B12.49B-557M-1.2B-2.99B-8.28B-5.96B-7.51B
Dividends Paid
00000000-130M-260M
Share Repurchases
-1.01B-3.52B-1.41B-1.64B-3.37B-4.2B-5B-6.05B-6.05B-6.18B
Stock Issued
144M144M138M137M162M143M127M95M117M117M
Net Stock Activity
-862M-3.38B-1.27B-1.5B-3.21B-4.06B-4.88B-5.95B-5.93B-6.06B
Debt Issuance (Net)
1000K1000K1000K1000K-1000K1000K1000K-1000K1000K-2M
Other Financing
4.13B1.18B2.5B10.02B2.74B1.06B1.41B-2.21B-375M-178M
Net Change in Cash
2.17B▲ 0%
4.95B▲ 128.4%
2.51B▼ 49.3%
2.3B▼ 8.5%
-11M▼ 100.5%
1.13B▲ 10345.5%
2.68B▲ 137.6%
656M▼ 75.5%
1.53B▲ 132.9%
1.36B▲ 0%
Exchange Rate Effect
36M-113M-6M169M-102M-155M76M-207M273M129M
Cash at Beginning
6.12B8.29B13.23B15.74B18.04B18.03B19.16B21.83B22.49B24.02B
Cash at End
8.29B13.23B15.74B18.04B18.03B19.16B21.83B22.49B24.02B22.44B
Interest Paid
6M69M78M190M231M280M331M366M406M422M
Income Taxes Paid
117M328M665M565M474M878M2.12B1.03B1.1B1B
Free Cash Flow
1.86B▲ 0%
4.66B▲ 149.8%
3.37B▼ 27.7%
4.99B▲ 48.1%
4.89B▼ 2.0%
5.11B▲ 4.5%
4.22B▼ 17.4%
6.77B▲ 60.4%
5.56B▼ 17.8%
5.51B▲ 0%
FCF Growth %
-25.11%149.84%-27.7%48.14%-1.98%4.46%-17.37%60.36%-17.78%-7.66%

PYPL Banking Ratios

PayPal Holdings, Inc. (PYPL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
11.69%13.11%15.22%22.72%19.95%11.52%20.55%20%25.73%25.08%
Return on Assets (ROA)
4.86%4.89%5.2%6.9%5.7%3.13%5.28%5.06%6.47%6.32%
Net Interest Margin
0.19%0.21%0.16%-0.17%-0.23%-0.17%0.16%0.34%0.09%0.04%
Efficiency Ratio
42.29%41.43%38.73%39.57%38.37%36.11%29.14%29.35%28.34%28.27%
Equity / Assets
39.23%35.51%32.98%28.51%28.66%25.79%25.62%25.02%25.27%24.86%
Book Value / Share
13.112.7914.2516.918.3217.5119.0219.6520.9321.77
NII Growth
-16.67%-9.89%-247.56%-44.63%25.71%202.31%110.53%-72.86%-85.95%
Dividend Payout
--------2.48%5.14%
Related:PYPL Dividend History·PYPL Revenue History·PYPL Price History·PYPL P/E History·PYPL Financial Ratios·PYPL Institutional Holders

PYPL SEC Filings & Documents

PayPal Holdings, Inc. (PYPL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 3, 2026·SEC

FY 2025

Feb 4, 2025·SEC

FY 2024

Feb 8, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 29, 2025·SEC

PYPL Frequently Asked Questions

PayPal Holdings, Inc. (PYPL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

PayPal Holdings, Inc. (PYPL) grew revenue by 4.3% over the past year. Growth has been modest.

Yes, PayPal Holdings, Inc. (PYPL) is profitable, generating $5.06B in net income for fiscal year 2025 (15.8% net margin).

Dividend & Returns

Yes, PayPal Holdings, Inc. (PYPL) pays a dividend with a yield of 0.32%. This makes it attractive for income-focused investors.

PayPal Holdings, Inc. (PYPL) has a return on equity (ROE) of 25.7%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

PayPal Holdings, Inc. (PYPL) has a net interest margin (NIM) of 0.1%. NIM has been under pressure due to interest rate environment.

PayPal Holdings, Inc. (PYPL) has an efficiency ratio of 28.3%. This is excellent, indicating strong cost control.

What if you invested $1,000 in PYPL back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

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How much would $100/month in PYPL be worth today?

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