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.

Revenue
+1.98%
EPS
−3.53%
Free cash flow
−16.6%
Total debt
+19.5%

Quarter to September 2026, against a year earlier

59.28 0.98 +1.68%
Market cap
$48.4B
P/E
11.2×
Fwd P/E
11.7×
Dividend yield
0.94%
F-score
8/9
ROIC
16.1%
Net debt / EBITDA
−0.1×
Dividend safety
n/a

PayPal Holdings, Inc. (PYPL) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Reportable Segment 33,172 100.00%
Gross margin 41.48%
Operating margin 18.28%
Pre-tax margin 18.97%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2015 FY2014 FY2013
Transaction revenues 29,798 28,842 26,857 25,206 23,402 19,918 16,099 13,709 11,501 — — —
Revenues from other value added services 3,374 2,955 2,914 2,312 1,969 1,536 1,673 1,742 1,593 1,120 918 735
Transactions — — — — — — — — — 8,128 7,107 5,992
Revenue 33,172 31,797 29,771 27,518 25,371 21,454 17,772 15,451 13,094 9,248 8,025 6,727

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022
Reportable Segment 33,172 31,797 29,771 27,518
Revenue 33,172 31,797 29,771 27,518

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
UNITED STATES 18,868 18,267 17,253 15,807 13,712 11,013 9,417 8,324 7,084 5,760 4,640 3,877 3,240
Other countries 14,304 13,530 12,518 11,711 11,659 8,101 6,483 5,469 4,608 3,825 3,417 2,993 2,538
United Kingdom — — — — — 2,340 1,872 1,658 1,402 1,257 1,191 1,155 949
Revenue 33,172 31,797 29,771 27,518 25,371 21,454 17,772 15,451 13,094 10,842 9,248 8,025 6,727

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Active accounts Q3 FY2026 440.0M 438.0M +0.46%
Number of payment transactions Q3 FY2026 6.8B 6.3B +7.34%
Payment transactions per active account Q3 FY2026 60.8× 57.6× +5.56%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.