PayPay Corporation

PAYP

Technology Software Infrastructure

PayPay Corporation’s revenue for fiscal 2026 (year ended March 2026) was $2.5 billion, up 27.3% from fiscal 2025.

  • Insiders: no trades in twelve months · own 1.74%
14.35 0.17 +1.20%
Market cap
$9.5B
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
n/a
ROIC
0.00%
Net debt / EBITDA
−14.5×
Dividend safety
n/a

Latest quarter Q2 FY2027 · quarter to September 2026

Line Q2 FY27 On a year before Against consensus
Revenue $744.1M on a year before — Beat by 1.86%consensus $728.7M
Operating margin 28.1% on a year before — —
EPS, diluted $0.17 on a year before — Missed by $0.03adjusted $0.16 v $0.19
Free cash flow $410.9M on a year before — —

The consensus is analysts’ estimate of revenue and of adjusted EPS. Free cash flow is operating cash flow less capital expenditures.

Capital & Financial Ratios $m

Size
Market Cap 9,480
Revenue ttm —
Net income ttm —
Free cash flow ttm 4,077
Net debt Q (10,017)
Valuation
P/E —
Forward P/E —
Price / sales n/m
Forward P/S Powerpack
Price / FCF 2.4
Price / book 3.3
Financial health
Current ratio Q 1.0
Debt / equity Q 1.9
Interest coverage Q —
Growth
EPS, this year −25.7% (below 0%: weak)
EPS, next year A +36.9% (at or above 15%: strong)
Revenue, next year A +19.4% (at or above 10%: strong)
EPS, next 5 yrs A +9.7%
Compound annual growth
10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — 1,974 2,512 — +27.3% 2,998 3,533 4,096 +17.7%
Gross margin, % — — — — — — — — 100.00 100.00 — 0.0 pt
EBT — — — — — — — — 231 528 — +128.7%
EBT margin, % — — — — — — — — 11.69 21.00 — +9.3 pt
Net income — — — — — — — — 231 528 — +128.7%
Per share, $
Per share, $ Revenue — — — — — — — — 3.59 3.94 0.00 +9.8%
Earnings — — — — — — — — 0.47 1.14 — +141.6%
Cash flow — — — — — — — — 1.87 3.89 6.14 +107.7%
Capex — — — — — — — — (0.26) (0.25) (0.12) (5.5%)
Free cash flow — — — — — — — — 1.61 3.63 6.02 +126.4%
Book value — — — — — — — — 2.68 4.46 4.31 +66.1%
Shares, m — — — — — — — — 550 638 — +15.9%
Valuation, ×
Valuation, × P/E — — — — — — — — — — — —
P/S — — — — — — — — 0.00 0.00 0.00 0.0
P/B — — — — — — — — 5.56 6.54 3.34 6.0
EV/Sales — — — — — — — — 0.00 0.00 0.00 0.0
EV/FCF — — — — — — — — 0.00 0.00 (0.07) 0.0
Cash, $m
Cash, $m Operating cash flow — — — — — — — — 1,029 2,477 4,162 +140.8%
Capex — — — — — — — — (146) (160) (84) +9.5%
Free cash flow — — — — — — — — 883 2,317 4,077 +162.5%
Balance, $m
Balance, $m Working capital — — — — — — — — 455 1,377 1,526 +202.4%
Net debt — — — — — — — — (6,903) (10,131) (10,017) +46.7%
Shareholders’ equity — — — — — — — — 1,477 2,843 2,916 +92.5%
Returns, %
Returns, % ROA — — — — — — — — 0.00 2.50 — +2.5 pt
ROIC — — — — — — — — 0.00 0.00 0.00 0.0 pt
ROE — — — — — — — — 0.00 35.15 — +35.2 pt
People
People Employees — — — — — — — — 2,012 1,994 — (0.9%)
Revenue/emp, $m — — — — — — — — 0.98 1.26 — +28.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

PayPay Corporation vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AKAM Akamai Technologies, Inc. $12.5B 31.9× 33.2× +6.38% (above 0%: growing) −17.35% (below 0%: shrinking) −169.74% (below 0%: shrinking) 55.02% 9.69% Compare
SAIL SailPoint, Inc. $11.8B — (loss-making) — (loss-making) +16.82% (above 0%: growing) n/m −18.60% (below 0%: shrinking) 66.51% (19.09%) Compare
DOCN DigitalOcean Holdings, Inc. $10.6B 206× 444× +39.87% (above 0%: growing) n/m +85.62% (above 0%: growing) 50.15% 10.28% Compare
PAYP PayPay Corporation $9.5B — — — — — 100.00% 28.08%
ZETA Zeta Global Holdings Corp. $9.4B 238× 149× +46.12% (above 0%: growing) n/m +71.78% (above 0%: growing) 60.29% 9.33% Compare
NTSK Netskope Inc. $9.1B — (loss-making) — (loss-making) +29.15% (above 0%: growing) n/m −51.62% (below 0%: shrinking) 73.92% (40.72%) Compare
GTLB GitLab Inc. $7.9B — (loss-making) — (loss-making) +21.31% (above 0%: growing) n/m −107.11% (below 0%: shrinking) 84.06% (19.89%) Compare
S SentinelOne, Inc. $7.8B — (loss-making) — (loss-making) +20.56% (above 0%: growing) n/m −83.92% (below 0%: shrinking) 72.07% (31.08%) Compare
DBX Dropbox, Inc. $7.3B 17.8× 18.4× +0.46% (above 0%: growing) +13.21% (above 0%: growing) −14.27% (below 0%: shrinking) 80.61% 27.49% Compare
Median of peers $9.2B 119× 91.1× +20.94% — −35.11% 69.29% (4.88%)

All 183 Software Infrastructure stocks →

PayPay Corporation (PAYP) Latest News

What happened

Share price over the fortnight −0.6%
  1. Guidance PayPay reported fiscal second-quarter revenue of $742.2 million and net income of $108.8 million, and raised its fiscal 2026 revenue and adjusted EBITDA guidance.
4 more headlines
All PAYP news, as stories →
stockrow.com/PAYP · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com