PayPal (PYPL)

Nasdaq Financials Transaction & Payment Processing Services S&P 500Nasdaq-100

$59.24

+0.28 (+0.47%)

Close of Nov 06, 2026 · end-of-day data

Source: PayPal's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$10.84B	$13.09B	$15.45B	$17.77B	$21.45B	$25.37B	$27.52B	$29.77B	$31.80B	$33.17B
Research & development	$834.00M	$953.00M	$1.07B	—	—	—	—	—	—	—
Operating income	$1.59B	$2.13B	$2.19B	$2.72B	$3.29B	$4.26B	$3.84B	$5.03B	$5.33B	$6.07B
Interest expense	$3.00M	$7.00M	$77.00M	$115.00M	$209.00M	$232.00M	$304.00M	$347.00M	$382.00M	$441.00M
Pre-tax income	$1.63B	$2.20B	$2.38B	$3.00B	$5.07B	$4.10B	$3.37B	—	—	—
Income tax	$230.00M	$405.00M	$319.00M	$539.00M	$863.00M	-$70.00M	$947.00M	$1.17B	$1.18B	$1.06B
Net income	$1.40B	$1.79B	$2.06B	$2.46B	$4.20B	$4.17B	$2.42B	$4.25B	$4.15B	$5.23B
EBITDA	$2.31B	$2.93B	$2.97B	$3.63B	$4.48B	$5.53B	$5.15B	$6.10B	$6.36B	$7.03B
EPS (basic)	$1.16	$1.49	$1.74	$2.09	$3.58	$3.55	$2.10	$3.85	$4.03	$5.46
EPS (diluted)	$1.15	$1.47	$1.71	$2.07	$3.54	$3.52	$2.09	$3.84	$3.99	$5.41
Diluted shares	1.22B	1.22B	1.20B	1.19B	1.19B	1.19B	1.16B	1.11B	1.04B	968.00M
Operating margin	14.6%	16.2%	14.2%	15.3%	15.3%	16.8%	13.9%	16.9%	16.7%	18.3%
Net margin	12.9%	13.7%	13.3%	13.8%	19.6%	16.4%	8.8%	14.3%	13.0%	15.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$1.59B	$2.88B	$7.58B	$7.35B	$4.79B	$5.20B	$7.78B	$9.08B	$6.66B	$8.05B
Short-term investments	$3.38B	$2.81B	$1.53B	$3.41B	$8.29B	$4.30B	$3.09B	$4.98B	$4.26B	$2.37B
Receivables	$214.00M	$283.00M	$313.00M	$435.00M	$577.00M	$800.00M	$963.00M	$1.07B	$984.00M	$840.00M
Total current assets	$25.73B	$32.65B	$32.96B	$38.49B	$50.99B	$52.57B	$57.42B	$62.57B	$58.21B	$59.76B
Goodwill	$4.06B	$4.34B	$6.28B	$6.21B	$9.13B	$11.45B	$11.21B	$11.03B	$10.84B	$10.86B
Total assets	$33.10B	$40.77B	$43.33B	$51.33B	$70.38B	$75.80B	$78.62B	$82.17B	$78.72B	$80.17B
Total current liabilities	$16.88B	$22.86B	$25.90B	$26.92B	$38.45B	$43.03B	$45.01B	$48.47B	$45.49B	$46.44B
Short-term debt	—	—	$2.00B	$0	—	—	—	—	—	$1.60B
Long-term debt	—	—	$0	$4.96B	$8.94B	$8.05B	$10.42B	$9.68B	$9.88B	$9.99B
Total debt	—	—	$2.00B	$4.96B	$8.94B	$8.05B	$10.42B	$9.68B	$9.88B	$11.58B
Total liabilities	$18.39B	$24.78B	$27.95B	$34.40B	$50.32B	$54.08B	$58.35B	$61.12B	$58.31B	$59.92B
Shareholders' equity	$14.71B	$15.99B	$15.39B	$16.89B	$20.02B	$21.73B	$20.27B	$21.05B	$20.42B	$20.26B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$3.16B	$2.53B	$5.48B	$4.07B	$6.22B	$5.80B	$5.81B	$4.84B	$7.45B	$6.42B
Capital expenditures	$669.00M	$667.00M	$823.00M	$704.00M	$866.00M	$908.00M	$706.00M	$623.00M	$683.00M	$852.00M
Free cash flow	$2.49B	$1.86B	$4.66B	$3.37B	$5.35B	$4.89B	$5.11B	$4.22B	$6.77B	$5.56B
Investing cash flow	-$5.90B	-$4.49B	$821.00M	-$5.74B	-$16.55B	-$5.15B	-$3.33B	$752.00M	$1.69B	$797.00M
Financing cash flow	$2.04B	$4.08B	-$1.24B	$4.19B	$12.45B	-$557.00M	-$1.20B	-$2.99B	-$8.28B	-$5.96B
Dividends paid	—	—	—	—	—	—	—	$0	$0	$130.00M
Share buybacks	$995.00M	$1.01B	$3.52B	$1.41B	$1.64B	$3.37B	$4.20B	$5.00B	$6.05B	$6.05B
Stock-based compensation	$438.00M	$733.00M	$853.00M	$1.02B	$1.38B	$1.38B	$1.26B	$1.48B	$1.23B	$1.00B
Depreciation & amortization	$724.00M	$805.00M	$776.00M	$912.00M	$1.19B	$1.26B	$1.32B	$1.07B	$1.03B	$963.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$8.03B	$7.70B	$7.88B	$7.85B	$8.37B	$7.79B	$8.29B	$8.42B	$8.68B	$8.35B	$8.68B	$8.58B
Operating income	$1.73B	$1.17B	$1.32B	$1.39B	$1.44B	$1.53B	$1.50B	$1.52B	$1.51B	$1.49B	$1.43B	$1.40B
Interest expense	$87.00M	$86.00M	$93.00M	$106.00M	$97.00M	$103.00M	$114.00M	$113.00M	$111.00M	$111.00M	$126.00M	$138.00M
Income tax	$391.00M	$321.00M	$271.00M	$301.00M	$289.00M	$316.00M	$268.00M	$285.00M	$190.00M	$280.00M	$206.00M	$301.00M
Net income	$1.40B	$888.00M	$1.13B	$1.01B	$1.12B	$1.29B	$1.26B	$1.25B	$1.44B	$1.11B	$1.10B	$1.07B
EBITDA	$1.99B	$1.43B	$1.59B	$1.65B	$1.69B	$1.77B	$1.74B	$1.76B	$1.75B	$1.73B	$1.67B	$1.65B
EPS (basic)	$1.29	$0.83	$1.08	$1.00	$1.12	$1.31	$1.30	$1.31	$1.54	$1.22	$1.26	$1.26
EPS (diluted)	$1.29	$0.83	$1.08	$0.99	$1.10	$1.29	$1.29	$1.30	$1.53	$1.21	$1.25	$1.25
Diluted shares	-8.00M	1.07B	1.05B	1.02B	-9.00M	999.00M	977.00M	960.00M	-10.00M	920.00M	882.00M	858.00M
Operating margin	21.5%	15.2%	16.8%	17.7%	17.2%	19.6%	18.1%	18.1%	17.4%	17.8%	16.4%	16.3%
Net margin	17.5%	11.5%	14.3%	12.9%	13.4%	16.5%	15.2%	14.8%	16.6%	13.3%	12.7%	12.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$9.08B	$9.69B	$7.80B	$7.37B	$6.66B	$7.57B	$6.69B	$8.99B	$8.05B	$6.98B	$8.31B	$7.16B
Short-term investments	$4.98B	$4.62B	$5.92B	$4.65B	$4.26B	$3.76B	$3.32B	$1.76B	$2.37B	$2.37B	$2.95B	$3.12B
Receivables	$1.07B	$1.11B	$987.00M	$1.04B	$984.00M	$1.08B	$1.10B	$973.00M	$840.00M	$843.00M	$763.00M	$716.00M
Total current assets	$62.57B	$63.71B	$62.97B	$62.67B	$58.21B	$60.61B	$59.88B	$60.18B	$59.76B	$59.99B	$62.35B	$60.55B
Goodwill	$11.03B	$10.92B	$10.82B	$11.00B	$10.84B	$10.91B	$10.98B	$10.94B	$10.86B	$10.95B	$10.93B	$10.97B
Total assets	$82.17B	$83.35B	$84.02B	$83.51B	$78.72B	$81.27B	$79.78B	$79.80B	$80.17B	$80.55B	$82.74B	$81.62B
Total current liabilities	$48.47B	$49.85B	$50.71B	$50.27B	$45.49B	$46.62B	$45.05B	$44.92B	$46.44B	$47.64B	$48.41B	$47.89B
Short-term debt	—	—	—	—	—	—	—	—	$1.60B	—	$2.50B	$2.53B
Long-term debt	$9.68B	$9.68B	$9.73B	$9.98B	$9.88B	$11.42B	$11.30B	$11.28B	$9.99B	$9.41B	$10.89B	$10.94B
Total debt	$9.68B	$9.68B	$9.73B	$9.98B	$9.88B	$11.42B	$11.30B	$11.28B	$11.58B	$9.41B	$13.40B	$13.47B
Total liabilities	$61.12B	$62.65B	$63.39B	$63.34B	$58.31B	$61.02B	$59.58B	$59.60B	$59.92B	$60.52B	$62.92B	$62.14B
Shareholders' equity	$21.05B	$20.70B	$20.62B	$20.17B	$20.42B	$20.25B	$20.20B	$20.20B	$20.26B	$20.02B	$19.82B	$19.48B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$2.61B	$1.92B	$1.52B	$1.61B	$2.39B	$1.16B	$898.00M	$1.97B	$2.38B	$1.13B	$1.98B	$1.59B
Capital expenditures	$145.00M	$154.00M	$157.00M	$169.00M	$203.00M	$196.00M	$206.00M	$256.00M	$194.00M	$231.00M	$208.00M	$161.00M
Free cash flow	$2.47B	$1.76B	$1.37B	$1.45B	$2.19B	$964.00M	$692.00M	$1.72B	$2.19B	$903.00M	$1.77B	$1.43B
Investing cash flow	-$534.00M	$980.00M	-$4.55B	$2.80B	$2.46B	-$3.64B	-$40.00M	$4.77B	-$298.00M	-$2.10B	-$2.88B	-$995.00M
Financing cash flow	$3.00B	-$2.36B	$200.00M	-$2.53B	-$3.58B	$994.00M	-$3.17B	-$1.83B	-$1.95B	-$559.00M	$403.00M	-$2.49B
Dividends paid	—	—	—	—	—	$0	$0	$0	$130.00M	$130.00M	$122.00M	$118.00M
Share buybacks	$607.00M	$1.50B	$1.50B	$1.78B	$1.27B	$1.50B	$1.55B	$1.50B	$1.50B	$1.50B	$1.55B	$1.50B
Stock-based compensation	$388.00M	$365.00M	$298.00M	$284.00M	$283.00M	$249.00M	$286.00M	$257.00M	$210.00M	$259.00M	$275.00M	$233.00M
Depreciation & amortization	$263.00M	$265.00M	$263.00M	$255.00M	$249.00M	$245.00M	$239.00M	$245.00M	$234.00M	$238.00M	$246.00M	$251.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.