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Saturday 17 October 2026 Export PYPL’s income statement to Excel — free account

PayPal Holdings, Inc.

PYPL Financial Credit Services

PayPal Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.2 billion, up 4.32% from fiscal 2024. In the quarter to June 2026, revenue grew 4.75%, EPS fell 3.08%, free cash flow grew 157.7% and total debt rose 18.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.

56.70 0.46 −0.80%
Market cap
$48.9B
P/E
10.6×
Fwd P/E
8.1×
Dividend yield
0.99%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

PayPal Holdings, Inc. (PYPL) Gross margin

Alert me on Gross margin

PayPal Holdings, Inc.'s gross margin over the twelve months to 30 June 2026 was 40.5%, down 1.0 percentage points from fiscal 2025 (41.5%). Over the past ten years it has ranged from 39.6% (fiscal 2023) to 51.0% (fiscal 2015); the current reading is higher than 27% of that period. That is below the Credit Services industry median of 77.1% and below the Financial sector median of 69.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 41.5% 0.94
FY2024 40.5% 0.95
FY2023 39.6% (2.76)
FY2022 42.4% (4.64)
FY2021 47.0% 0.37
FY2020 46.6% 1.68
FY2019 44.9% (1.59)
FY2018 46.5% (2.34)
FY2017 48.9% 1.45
FY2016 47.4% (3.61)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 39.6% (0.67)
Mar 2026 40.3% (1.09)
Dec 2025 41.4% 0.68
Sep 2025 40.7% (0.72)
42 more quarters

Against its own ten years

Low 39.6% High 51.0%
Ten-year median 46.5%
Current reading's percentile 14

Gross margin against peers

Company Gross margin
AXP American Express Company compare 90.3%
SYF Synchrony Financial compare 83.1%
OMF OneMain Holdings, Inc. compare 79.7%
COF Capital One Financial Corporation compare 78.8%
SOFI SoFi Technologies, Inc. compare 77.1%
ALLY Ally Financial Inc. compare 61.1%
AFRM Affirm Holdings, Inc. compare 57.4%
FCFS FirstCash Holdings, Inc. compare 50.5%
PYPL PayPal Holdings, Inc. 40.5%
Credit Services industry median 77.1%
Financial sector median 69.9%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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