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

PayPal Holdings, Inc.

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%

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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

Receivables outpacing revenue Jul 28, 2026

All filings →

Insider Decisions trades per month

Total buys 0.25

Total sells 7.56

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	1	—	—	—	—
Sell	3	—	—	3	3	2	1	3	2	1	3	—

Insider Ownership 2.58%

Capital & Financial Ratios $m

Market Cap 48,900.00

Revenue 34,128.00

Net Income 4,902.00

Free Cash Flow 6,605.00

Net Debt 2,144.00

Current Ratio 1.29

Debt/Equity 0.68

P/E ratio 10.64

Fwd P/E 8.13

P/S ratio 1.46

P/B ratio 2.51

Past 5Y EPS Growth 8.85%

This Y EPS Growth 1.48%

Next Y EPS Growth 7.27%

Next Y revenue growth 4.76%

Next 5Y EPS Growth 5.71%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 6.16%

10-year low 10-year high

P/S against its own 10 years 5.57%

10-year low 10-year high

P/B against its own 10 years 5.64%

10-year low 10-year high

Dividends

Payout Ratio 0.11

Annual Dividend Rate 0.56

Annual Dividend Yield 0.99%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.56	0.14 0.14 0.14
2025	0.11	0.14
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	14,060	10,924	10,422	11,256
Receivables	40,004	38,655	39,038	40,506
Inventory	—	—	—	—
Other	—	—	—	—
	62,569	58,206	59,759	62,346

	2023	2024	2025	Q'26
Payables	139	227	240	208
ST’ Debt	—	—	—	2,505
Other	—	—	—	—
	48,466	45,490	46,443	48,406

Compound Annual Growth %

	10y	5y	3y
Sales	13.62%	9.11%	6.43%
Cash Flow	9.68%	0.63%	3.34%
Earnings	15.60%	4.49%	29.33%
Book Value	3.94%	0.19%	(0.03%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	8,353	8,682	—	—	—
’25	7,791	8,288	8,417	8,676	33,172
’24	7,699	7,885	7,847	8,366	31,797
’23	7,040	7,287	7,418	8,026	29,771
’22	6,483	6,806	6,846	7,383	27,518
’21	6,033	6,238	6,182	6,918	25,371
’20	4,618	5,261	5,459	6,116	21,454

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,134	1,983	—	—	—
’25	1,160	898	1,974	2,384	6,416
’24	1,917	1,525	1,614	2,394	7,450
’23	1,170	(200)	1,259	2,614	4,843
’22	1,217	1,250	1,755	1,591	5,813
’21	1,758	1,306	1,513	1,220	5,797
’20	1,421	1,772	1,314	1,712	6,219

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	911	1,786	—	—	—
’25	966	693	1,718	2,190	5,567
’24	1,763	1,368	1,445	2,192	6,768
’23	1,001	(311)	1,105	2,470	4,265
’22	1,029	1,077	1,573	1,433	5,112
’21	1,537	1,060	1,288	1,009	4,894
’20	1,334	1,580	1,073	1,486	5,473

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.21	1.25	—	—	—
’25	1.29	1.29	1.30	1.53	5.41
’24	0.83	1.08	0.99	1.11	3.99
’23	0.70	0.92	0.93	1.29	3.84
’22	0.43	(0.29)	1.15	0.81	2.09
’21	0.92	1.00	0.92	0.68	3.52
’20	0.07	1.29	0.86	1.32	3.54

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	30.52	39.02	70.22	81.91	82.07	179.15	66.39	50.25	55.77	55.85	Analyst estimates 2026–2028 Powerpack
	High	44.52	79.39	93.70	121.48	244.25	310.16	196.10	88.63	93.66	93.25
People
People	Employees	18,100	18,700	21,800	23,200	26,500	30,900	29,900	27,200	24,400	23,800
	Revenue/emp, $m	0.60	0.70	0.71	0.77	0.81	0.82	0.92	1.09	1.30	1.39
Income, $m
Income, $m	Revenue	10,842	13,094	15,451	17,772	21,454	25,371	27,518	29,771	31,797	33,172
	Gross margin, %	47.42	48.87	46.53	44.94	46.62	46.99	42.35	39.59	40.54	41.48
	EBT	1,631	2,200	2,376	2,998	5,065	4,099	3,366	5,411	5,329	6,292
	EBT margin, %	15.04	16.80	15.38	16.87	23.61	16.16	12.23	18.18	16.76	18.97
	Net income	1,401	1,795	2,057	2,459	4,202	4,169	2,419	4,246	4,147	5,233
	Depreciation	724	805	776	912	1,189	1,338	1,247	705	697	880
Per share, $
Per share, $	Revenue	8.96	10.88	13.05	15.14	18.29	21.61	23.85	26.99	30.90	34.59
	Earnings	1.16	1.49	1.74	2.09	3.58	3.55	2.10	3.85	4.03	5.46
	Cash flow	2.61	2.10	4.63	3.47	5.30	4.94	5.04	4.39	7.24	6.69
	Capex	(0.55)	(0.55)	(0.69)	(0.59)	(0.64)	(0.77)	(0.61)	(0.52)	(0.66)	(0.89)
	Free cash flow	2.06	1.55	3.94	2.88	4.67	4.17	4.43	3.87	6.58	5.81
	Book value	12.16	13.30	12.99	14.42	17.10	18.51	17.57	19.09	19.84	21.12
	Shares, m	1,210	1,203	1,184	1,174	1,173	1,174	1,154	1,103	1,029	959
Valuation, ×
Valuation, ×	P/E	34.70	49.23	48.33	51.76	65.42	52.97	35.35	15.92	21.18	10.69
	P/S	4.49	6.78	6.44	7.15	12.80	8.73	3.13	2.28	2.76	1.69
	P/B	3.31	5.55	6.47	7.50	13.69	10.19	4.25	3.22	4.30	2.76
	EV/Sales	4.03	6.35	5.85	6.83	12.62	8.71	3.13	2.13	2.73	1.72
	EV/FCF	17.57	44.60	19.41	35.85	49.46	45.17	16.86	14.90	12.84	10.27
Cash, $m
Cash, $m	Operating cash flow	3,158	2,531	5,480	4,071	6,219	5,797	5,813	4,843	7,450	6,416
	Capex	(669)	(667)	(820)	(687)	(746)	(903)	(701)	(578)	(682)	(849)
	Free cash flow	2,489	1,864	4,660	3,384	5,473	4,894	5,112	4,265	6,768	5,567
Balance, $m
Balance, $m	Working capital	8,855	9,782	7,059	11,576	12,548	9,545	12,416	14,103	12,716	13,316
	Total debt	—	1,000	1,998	4,965	8,939	8,049	10,417	9,676	9,879	9,987
	Net debt	(4,975)	(5,695)	(9,109)	(5,796)	(4,144)	(1,451)	(451)	(4,384)	(1,045)	(435)
	Shareholders’ equity	14,712	15,994	15,386	16,929	20,063	21,727	20,274	21,051	20,417	20,256
Returns, %
Returns, %	ROA	4.52	4.86	4.89	5.20	6.90	5.70	3.13	5.28	5.16	6.59
	ROIC	10.18	12.91	21.85	15.26	12.91	13.14	12.10	18.85	17.18	19.12
	ROE	9.84	11.69	13.11	15.22	22.72	19.95	11.52	20.55	20.00	25.73

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AXP American Express Company	$212.0B	19.0×	17.6×	+8.34% (above 0%: growing)	+11.27% (above 0%: growing)	+19.44% (above 0%: growing)	90.93%	0.00%	Compare
COF Capital One Financial Corporation	$122.0B	12.5×	11.6×	+21.66% (above 0%: growing)	n/m	+42.53% (above 0%: growing)	79.80%	0.00%	Compare
PYPL PayPal Holdings, Inc.	$48.9B	10.6×	8.1×	+4.75% (above 0%: growing)	−3.08% (below 0%: shrinking)	+157.72% (above 0%: growing)	39.60%	16.44%
AFRM Affirm Holdings, Inc.	$25.6B	13.0×	35.7×	+33.04% (above 0%: growing)	+2,171.43% (above 0%: growing)	+875.00% (above 0%: growing)	58.84%	12.63%	Compare
SYF Synchrony Financial	$24.1B	7.5×	7.6×	+0.28% (above 0%: growing)	+3.98% (above 0%: growing)	−5.47% (below 0%: shrinking)	82.95%	0.00%	Compare
SOFI SoFi Technologies, Inc.	$19.5B	28.5×	26.8×	+39.09% (above 0%: growing)	+33.33% (above 0%: growing)	−160.17% (below 0%: shrinking)	77.57%	0.00%	Compare
ALLY Ally Financial Inc.	$11.5B	8.8×	8.4×	+4.52% (above 0%: growing)	+13.33% (above 0%: growing)	+42.87% (above 0%: growing)	62.82%	0.00%	Compare
FCFS FirstCash Holdings, Inc.	$9.4B	24.6×	22.4×	+29.38% (above 0%: growing)	+58.21% (above 0%: growing)	+80.67% (above 0%: growing)	49.66%	14.92%	Compare
OMF OneMain Holdings, Inc.	$6.4B	8.4×	7.6×	+7.19% (above 0%: growing)	−5.71% (below 0%: shrinking)	+3.36% (above 0%: growing)	79.93%	0.00%	Compare
Median of peers	$21.8B	12.7×	14.6×	+15.00%	+13.33%	+30.99%	78.69%	0.00%

All 55 Credit Services stocks →

PayPal Holdings, Inc. (PYPL) key facts

Strength: PayPal Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.2 billion, up 4.32% from fiscal 2024.
Strength: Net income was $5.2 billion, or $5.46 per share (basic), a net margin of 15.8%.
PayPal Holdings, Inc. (PYPL) is a Credit Services company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, PYPL traded at $56.70, a market capitalization of $48.9 billion.
At that price the stock trades at 10.6× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 6% of its own readings over the past ten years.
PayPal Holdings, Inc. pays an annual dividend of $0.56 per share, a yield of 0.99%, with a payout ratio of 10.6%.
Return on equity was 25.7% and debt-to-equity 0.68.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.