PayPal Holdings, Inc. (PYPL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PYPL Revenue Growth
Revenue Breakdown (FY 2025)
PYPL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PYPL Revenue Analysis (2014–2025)
As of May 6, 2026, PayPal Holdings, Inc. (PYPL) generated trailing twelve-month (TTM) revenue of $33.73 billion, reflecting solid growth of +7.2% year-over-year. The most recent quarter (Q1 2026) recorded $8.35 billion in revenue, down 3.7% sequentially.
Looking at the longer-term picture, PYPL's 5-year compound annual growth rate (CAGR) stands at +9.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $33.17 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows PYPL's business is primarily driven by Transaction Revenue (90%), and Other Value Added Services (10%). With over half of revenue concentrated in Transaction Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including V, MA, and FIS (+7.6% YoY), PYPL has underperformed the peer group in terms of revenue growth. Compare PYPL vs V →
PYPL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PYPLCurrent | $33.7B | +7.2% | +9.1% | 18.3% | |
 V | $40.0B | - | - | 60.0% | |
 MA | $32.8B | - | - | 59.2% | |
 FIS | $10.7B | +7.6% | -3.2% | 16.5% | |
 FISV | $21.2B | +1.9% | +7.4% | 26.9% | |
 GPN | $7.7B | -7.1% | +0.7% | 19.1% |
PYPL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $33.17B | - | $15.46B | 46.6% | $6.07B | 18.3% |
| 2024 | $31.80B | - | $14.66B | 46.1% | $5.33B | 16.7% |
| 2023 | $29.77B | - | $13.70B | 46.0% | $5.03B | 16.9% |
| 2022 | $27.52B | - | $13.77B | 50.1% | $3.84B | 13.9% |
| 2021 | $25.37B | - | $14.00B | 55.2% | $4.26B | 16.8% |
| 2020 | $21.45B | - | $11.78B | 54.9% | $3.29B | 15.3% |
| 2019 | $17.77B | - | $9.60B | 54.0% | $2.72B | 15.3% |
| 2018 | $15.45B | - | $8.60B | 55.6% | $2.19B | 14.2% |
| 2017 | $13.09B | - | $7.66B | 58.5% | $2.13B | 16.2% |
| 2016 | $10.84B | - | $6.41B | 59.1% | $1.59B | 14.6% |
Full PYPL Stock Analysis
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Start ComparisonPYPL — Frequently Asked Questions
Quick answers to the most common questions about buying PYPL stock.
Is PYPL's revenue growth accelerating or slowing?
PYPL maintains +7.2% revenue growth, in line with its 5-year CAGR of +9.1%. TTM revenue stands at $33.7B. Growth rate remains consistent with historical average.
What is PYPL's long-term revenue growth rate?
PayPal Holdings, Inc.'s 5-year revenue CAGR of +9.1% reflects the sustained expansion pattern. Current YoY growth of +7.2% is near this long-term average.
How is PYPL's revenue distributed by segment?
PYPL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.