PYPL on Nasdaq
PayPal Holdings
US holding company.1
$57.08 up 0.98 (1.75%)Price as of Oct 15, 2026 at 19:45 UTC
Last updated Oct 16, 2026.
Overview
Jan 30, 2015Founded1
Compare with Mastercard, Visa Inc. or Fiserv, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
18.3%Operating margin5
15.8%Net margin5
4.3%Revenue growth, 20255
25.8%Return on equity5
0.49×Debt to equity5
$5.6BFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Transaction Revenue brought in 90% of the revenue PayPal Holdings broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Transaction Revenue | $26.9B | $28.8B | $29.8B |
| Revenues From Other Value Added Services | $2.9B | $3.0B | $3.4B |
Regions
United States brought in 57% of the revenue PayPal Holdings broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $17.3B | $18.3B | $18.9B |
| Outside the United States | $12.5B | $13.5B | $14.3B |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs81¢$26.9B
- Income tax3¢$1.1B
- Profit16¢$5.2B
Out of $33.2B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending12¢$852.0M
- Dividends paid2¢$130.0M
- Share buybacks86¢$6.1B
Out of $6.4B of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5
Financial statements
Every line of the income statement in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net revenues | $33.2B | $31.8B | $29.8B |
| Transaction expense | $16.0B | $15.7B | $14.4B |
| Transaction and credit losses | $1.7B | $1.4B | $1.7B |
| Customer support and operations | $1.7B | $1.8B | $1.9B |
| Sales and marketing | $2.3B | $2.0B | $1.8B |
| Technology and development | $3.1B | $3.0B | $3.0B |
| General and administrative | $2.0B | $2.1B | $2.1B |
| Restructuring and other | $331.0M | $438.0M | -$84.0M |
| Total operating expenses | $27.1B | $26.5B | $24.7B |
| Operating income | $6.1B | $5.3B | $5.0B |
| Other income (expense), net | $227.0M | $4.0M | $383.0M |
| Income before income taxes | $6.3B | $5.3B | $5.4B |
| Income tax expense | $1.1B | $1.2B | $1.2B |
| Net income (loss) | $5.2B | $4.1B | $4.2B |
| Basic (in dollars per share) | $5.46 | $4.03 | $3.85 |
| Diluted (in dollars per share) | $5.41 | $3.99 | $3.84 |
| Basic (in shares) | 959.0M shares | 1.0B shares | 1.1B shares |
| Diluted (in shares) | 968.0M shares | 1.0B shares | 1.1B shares |
Every line of the balance sheet in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $8.0B | $6.7B | $9.1B |
| Short-term investments | $2.4B | $4.3B | |
| Accounts receivable, net | $840.0M | $984.0M | |
| Loans and interest receivable, held for sale | $1.7B | $541.0M | |
| Loans and interest receivable, net of allowances of $539 and $461 as of December 31, 2025 and 2024, respectively | $6.7B | $6.4B | |
| Funds receivable and customer accounts | $38.2B | $37.7B | |
| Prepaid expenses and other current assets | $1.8B | $1.7B | |
| Total current assets | $59.8B | $58.2B | |
| Long-term investments | $4.3B | $4.6B | |
| Property and equipment, net | $1.7B | $1.5B | |
| Goodwill | $10.9B | $10.8B | $11.0B |
| Intangible assets, net | $208.0M | $326.0M | |
| Other assets | $3.3B | $3.3B | |
| Total assets | $80.2B | $78.7B | |
| Accounts payable | $240.0M | $227.0M | |
| Funds payable and amounts due to customers | $40.2B | $39.7B | |
| Accrued expenses and other current liabilities | $6.0B | $5.6B | |
| Total current liabilities | $46.4B | $45.5B | |
| Other long-term liabilities | $3.5B | $2.9B | |
| Long-term debt | $10.0B | $9.9B | |
| Total liabilities | $59.9B | $58.3B | |
| Common stock, $0.0001 par value; 4,000 shares authorized; 920 and 993 shares outstanding as of December 31, 2025 and 2024, respectively | $0 | $0 | |
| Preferred stock, $0.0001 par value; 100 shares authorized, unissued | $0 | $0 | |
| Treasury stock at cost, 423 and 337 shares as of December 31, 2025 and 2024, respectively | -$33.1B | -$27.1B | |
| Additional paid-in-capital | $21.6B | $20.7B | |
| Retained earnings | $32.5B | $27.3B | |
| Accumulated other comprehensive income (loss) | -$658.0M | -$550.0M | |
| Total equity | $20.3B | $20.4B | $21.1B |
| Total liabilities and equity | $80.2B | $78.7B | |
| Loans and interest receivable, allowances | $539.0M | $461.0M | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in shares) | 4.0B shares | 4.0B shares | |
| Common stock, shares outstanding (in shares) | 920.0M shares | 993.0M shares | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | |
| Treasury stock, shares (in shares) | 423.0M shares | 337.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $5.2B | $4.1B | $4.2B |
| Transaction and credit losses | $1.7B | $1.4B | $1.7B |
| Depreciation and amortization | $963.0M | $1.0B | $1.1B |
| Stock-based compensation | $1.0B | $1.2B | $1.5B |
| Deferred income taxes | $217.0M | $231.0M | -$668.0M |
| Net (gains) losses on strategic investments | -$162.0M | $285.0M | -$201.0M |
| Gain on divestiture of business, excluding transaction costs | $0 | $0 | -$356.0M |
| Accretion of discounts on investments, net of amortization of premiums | -$83.0M | -$335.0M | -$367.0M |
| Adjustments to loans and interest receivable, held for sale | $193.0M | $125.0M | $53.0M |
| Other | -$287.0M | -$3.0M | -$104.0M |
| Originations of loans receivable, held for sale | -$36.7B | -$24.5B | -$11.5B |
| Proceeds from repayments and sales of loans receivable, originally classified as held for sale | $35.4B | $24.4B | $10.8B |
| Accounts receivable | $144.0M | $85.0M | -$114.0M |
| Transaction loss allowance for cash losses, net | -$1.3B | -$1.1B | -$1.2B |
| Other current assets and non-current assets | -$493.0M | -$393.0M | -$116.0M |
| Accounts payable | $4.0M | $83.0M | $7.0M |
| Other current liabilities and non-current liabilities | $599.0M | $798.0M | $97.0M |
| Net cash provided by operating activities | $6.4B | $7.5B | $4.8B |
| Purchases of reverse repurchase agreements | -$201.0M | -$424.0M | $0 |
| Maturities of reverse repurchase agreements | $288.0M | $337.0M | $0 |
| Purchases of property and equipment | -$852.0M | -$683.0M | -$623.0M |
| Proceeds from sales of property and equipment | $3.0M | $1.0M | $45.0M |
| Purchases and originations of loans receivable | -$20.2B | -$21.8B | -$25.2B |
| Proceeds from repayments and sales of loans receivable, originally classified as held for investment | $19.7B | $20.3B | $26.7B |
| Purchases of investments | -$20.4B | -$26.2B | -$22.0B |
| Maturities and sales of investments | $22.9B | $27.0B | $24.3B |
| Proceeds from divestiture of business, net of cash divested | $0 | $0 | $466.0M |
| Funds receivable | -$303.0M | $2.9B | -$2.9B |
| Collateral posted related to derivative instruments, net | -$149.0M | $73.0M | -$56.0M |
| Other | -$21.0M | $259.0M | $86.0M |
| Net cash provided by investing activities | $797.0M | $1.7B | $752.0M |
| Borrowings from repurchase agreements | $2.9B | $656.0M | $0 |
| Repayments of repurchase agreements | -$2.9B | -$656.0M | $0 |
| Proceeds from issuance of common stock | $117.0M | $95.0M | $127.0M |
| Purchases of treasury stock | -$6.1B | -$6.0B | -$5.0B |
| Tax withholdings related to net share settlements of equity awards | -$383.0M | -$351.0M | -$257.0M |
| Borrowings under financing arrangements | $2.6B | $1.5B | $1.5B |
| Repayments under financing arrangements | -$2.2B | -$1.7B | -$1.1B |
| Funds payable and amounts due to customers | $174.0M | -$2.0B | $1.9B |
| Collateral received related to derivative instruments and reverse repurchase agreements, net | -$160.0M | $156.0M | -$197.0M |
| Payments of dividends to stockholders | -$130.0M | $0 | $0 |
| Other | -$6.0M | -$60.0M | $0 |
| Net cash used in financing activities | -$6.0B | -$8.3B | -$3.0B |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | $273.0M | -$207.0M | $76.0M |
| Net change in cash, cash equivalents, and restricted cash | $1.5B | $656.0M | $2.7B |
| Cash paid for interest | $406.0M | $366.0M | $331.0M |
| Cash paid for income taxes, net | $1.1B | $1.0B | $2.1B |
Leadership
Who has led PayPal Holdings, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerDan Schulman1
- ChairJohn Donahoe1
Subsidiaries and ownership
Owners
- The Vanguard Group 9.2%
- BlackRock 7.4%
Subsidiaries
- Braintree
- Paydiant
- Venmo
- Zettle
From Wikidata.1
Timeline
Recent filings
- Sep 16, 20264 PRIMARY DOCUMENT
- Sep 8, 20264 PRIMARY DOCUMENT
- Sep 8, 20264 PRIMARY DOCUMENT
- Sep 8, 20264 PRIMARY DOCUMENT
- Sep 3, 2026144
- Sep 3, 2026144
- Sep 3, 2026144
- Sep 3, 20264 PRIMARY DOCUMENT
- Sep 3, 20264 PRIMARY DOCUMENT
- Sep 3, 20264 PRIMARY DOCUMENT
- Sep 3, 20264 PRIMARY DOCUMENT
- Sep 3, 20264 PRIMARY DOCUMENT
- Aug 19, 20264 PRIMARY DOCUMENT
- Aug 18, 2026144
- Aug 17, 20264 PRIMARY DOCUMENT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- LinkedInwww.linkedin.com/company/paypal1
- WikidataQ135683211
- SEC EDGARCIK 1633917
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPayPal Holdings on Wikidata
- 2SEC EDGARPayPal Holdings filings on SEC EDGAR
- 3Yahoo FinancePYPL quote
- 4SEC EDGARPayPal Holdings filings on SEC EDGAR
- 5SEC EDGARPayPal Holdings 10-K for fiscal 2025
- 6SEC EDGARPayPal Holdings 10-K for fiscal 2019
- 7SEC EDGARPayPal Holdings 10-K for fiscal 2020
- 8SEC EDGARPayPal Holdings 10-K for fiscal 2021
- 9SEC EDGARPayPal Holdings 10-K for fiscal 2022
- 10SEC EDGARPayPal Holdings 10-K for fiscal 2019
- 11SEC EDGARPayPal Holdings 10-Q for fiscal 2025
- 12SEC EDGARPayPal Holdings 10-Q for fiscal 2026
- 13SEC EDGARPayPal Holdings 10-K for fiscal 2019