stockrowPayPal 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.
- Revenue
- +1.98%
- EPS
- −3.53%
- Free cash flow
- −16.6%
- Total debt
- +19.5%
Quarter to September 2026, against a year earlier
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PayPal Holdings, Inc. (PYPL) Gross margin
PayPal Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 40.6%, down 0.9 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 76.6% and below the Financial sector median of 70.1%.
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) |
|---|---|---|
| Sep 2026 | 41.0% | 1.36 |
| Jun 2026 | 39.6% | (0.67) |
| Mar 2026 | 40.3% | (1.09) |
| Dec 2025 | 41.4% | 0.68 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AXP American Express Company compare | 90.8% |
| SYF Synchrony Financial compare | 83.2% |
| COF Capital One Financial Corporation compare | 79.4% |
| SOFI SoFi Technologies, Inc. compare | 77.4% |
| ALLY Ally Financial Inc. compare | 61.8% |
| KLAR Klarna Group plc compare | 58.2% |
| FCFS FirstCash Holdings, Inc. compare | 50.2% |
| PYPL PayPal Holdings, Inc. | 40.6% |
| AFRM Affirm Holdings, Inc. compare | 0.00% |
| Credit Services industry median | 76.6% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
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
More on PYPL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement