PYPL
PayPal Holdings Inc
NASDAQ: PYPL · FINANCIAL SERVICES · CREDIT SERVICES
$50.14
-1.57% today
Updated 2026-04-29
Market cap
$45.83B
P/E ratio
9.42
P/S ratio
1.38x
EPS (TTM)
$5.41
Dividend yield
0.56%
52W range
$38 – $79
Volume
19.3M
PayPal Holdings Inc (PYPL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.66B | $6.73B | $8.03B | $9.25B | $10.84B | $13.09B | $15.45B | $17.77B | $21.45B | $25.37B | $27.52B | $29.77B | $31.80B | $33.17B |
| Revenue growth (YoY) | — | +18.8% | +19.3% | +15.2% | +17.2% | +20.8% | +18.0% | +15.0% | +20.7% | +18.3% | +8.5% | +8.2% | +6.8% | +4.3% |
| Cost of revenue | $1.88B | $2.34B | $2.82B | $3.42B | $4.43B | $5.43B | $6.86B | $8.17B | $9.68B | $11.38B | $13.74B | $16.07B | $17.14B | $17.71B |
| Gross profit | $3.78B | $4.39B | $5.21B | $5.83B | $6.41B | $7.66B | $8.60B | $9.60B | $11.78B | $14.00B | $13.77B | $13.70B | $14.66B | $15.46B |
| Gross margin | 66.7% | 65.3% | 64.9% | 63.0% | 59.1% | 58.5% | 55.6% | 54.0% | 54.9% | 55.2% | 50.1% | 46.0% | 46.1% | 46.6% |
| R&D | $677.00M | $727.00M | $890.00M | $947.00M | $834.00M | $953.00M | $1.07B | $2.08B | $2.64B | $3.04B | $3.25B | $2.97B | $2.98B | $3.10B |
| SG&A | $345.00M | $378.00M | $482.00M | $560.00M | $1.03B | $1.26B | $1.54B | $1.71B | $2.07B | $2.11B | $2.10B | $2.06B | $2.15B | $1.98B |
| Operating income | $880.00M | $1.09B | $1.27B | $1.46B | $1.59B | $2.13B | $2.19B | $2.72B | $3.29B | $4.26B | $3.84B | $5.03B | $5.33B | $6.07B |
| Operating margin | 15.5% | 16.2% | 15.8% | 15.8% | 14.6% | 16.2% | 14.2% | 15.3% | 15.3% | 16.8% | 13.9% | 16.9% | 16.7% | 18.3% |
| EBITDA | $1.28B | $1.54B | $1.78B | $2.12B | $2.36B | $3.01B | $3.23B | $4.03B | $6.46B | $5.60B | $4.99B | $6.83B | $6.74B | $7.70B |
| EBITDA margin | 22.6% | 23.0% | 22.2% | 22.9% | 21.7% | 23.0% | 20.9% | 22.6% | 30.1% | 22.1% | 18.1% | 22.9% | 21.2% | 23.2% |
| EBIT | $899.00M | $1.09B | $1.27B | $1.51B | $1.63B | $2.21B | $2.45B | $3.11B | $5.27B | $4.33B | $3.67B | $5.76B | $5.71B | $6.73B |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $3.00M | $7.00M | $77.00M | $115.00M | $209.00M | $232.00M | $304.00M | $347.00M | $382.00M | $441.00M |
| Income tax | $113.00M | $129.00M | $842.00M | $260.00M | $230.00M | $405.00M | $319.00M | $539.00M | $863.00M | $-70.00M | $947.00M | $1.17B | $1.18B | $1.06B |
| Effective tax rate | 12.7% | 11.9% | 66.8% | 17.5% | 14.1% | 18.4% | 13.4% | 18.0% | 17.0% | -1.7% | 28.1% | 21.5% | 22.2% | 16.8% |
| Net income | $778.00M | $955.00M | $419.00M | $1.23B | $1.40B | $1.79B | $2.06B | $2.46B | $4.20B | $4.17B | $2.42B | $4.25B | $4.15B | $5.23B |
| Net income growth (YoY) | — | +22.8% | -56.1% | +193.1% | +14.1% | +28.1% | +14.6% | +19.5% | +70.9% | -0.8% | -42.0% | +75.5% | -2.3% | +26.2% |
| Profit margin | 13.7% | 14.2% | 5.2% | 13.3% | 12.9% | 13.7% | 13.3% | 13.8% | 19.6% | 16.4% | 8.8% | 14.3% | 13.0% | 15.8% |