PayPal Holdings, Inc. (PYPL) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, PayPal reported revenue of $33.17B, up 4.3% from $31.80B the year before. Net income was $5.23B (a 15.8% net margin), or $5.41 per diluted share. Operating margin was 18.3%. Operating activities generated $6.42B of cash, leaving $5.56B of free cash flow. At fiscal year end, PayPal held $80.17B in total assets against $59.92B in total liabilities, including $8.05B of cash and equivalents.
Open the full interactive PayPal financials → Quarterly statements, key ratios, valuation history and price charts.
PayPal Key Stats
| Share Price | $56.17 |
|---|---|
| Market Cap | $49.54B |
| P/E Ratio | 10.4 |
| Dividend Yield | 0.26% |
| Revenue YoY Growth | +4.3% |
| 52-Week Range | $38.74 – $72.21 |
| Shares Outstanding | 877.0 million (basic, 2026 Q2) |
PayPal Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $21.45B | $25.37B | $27.52B | $29.77B | $31.80B | $33.17B |
| Operating Income | $3.29B | $4.26B | $3.84B | $5.03B | $5.33B | $6.07B |
| Pre-Tax Income | $5.07B | $4.10B | $3.37B | $5.41B | $5.33B | $6.29B |
| Income Tax | $863.0M | -$70.0M | $947.0M | $1.17B | $1.18B | $1.06B |
| Net Income | $4.20B | $4.17B | $2.42B | $4.25B | $4.15B | $5.23B |
| Diluted EPS | $3.54 | $3.52 | $2.09 | $3.84 | $3.99 | $5.41 |
PayPal Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $8.42B | $8.68B | $8.35B | $8.68B |
| Net Income | $1.25B | $1.44B | $1.11B | $1.10B |
| Diluted EPS | $1.30 | $1.48 | $1.21 | $1.25 |
PayPal Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.79B | $5.20B | $7.78B | $9.08B | $6.56B | $8.05B |
| Current Assets | $50.99B | $52.57B | $57.52B | $62.57B | $61.09B | $59.76B |
| Total Assets | $70.38B | $75.80B | $78.72B | $82.17B | $81.61B | $80.17B |
| Current Liabilities | $38.45B | $43.03B | $45.10B | $48.47B | $48.38B | $46.44B |
| Total Long-Term Debt | $8.94B | $8.05B | $10.42B | $9.68B | $9.88B | $9.99B |
| Total Liabilities | $50.32B | $54.08B | $58.44B | $61.12B | $61.19B | $59.92B |
| Shareholders' Equity | $20.02B | $21.73B | $20.27B | $21.05B | $20.42B | $20.26B |
PayPal Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $5.85B | $6.34B | $5.81B | $4.84B | $7.45B | $6.42B |
| Cash From Investing | -$16.22B | -$5.49B | -$3.42B | $752.0M | $1.59B | $797.0M |
| Cash From Financing | $12.49B | -$764.0M | -$1.11B | -$2.99B | -$8.28B | -$5.96B |
| Free Cash Flow | $4.99B | $5.43B | $5.11B | $4.22B | $6.77B | $5.56B |
| Dividends Paid | — | — | — | — | — | $130.0M |
Figures from PayPal's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full PayPal financials page for every line item.
PayPal Company Profile
| Ticker | PYPL |
|---|---|
| Exchange | Nasdaq |
| Industry | Business Services (Other) (Services) |
| Headquarters | San Jose, California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001633917 |
Frequently Asked Questions
What was PayPal's revenue in fiscal 2025?
PayPal (PYPL) reported revenue of $33.17B for fiscal 2025.
What is PayPal's annual revenue history?
PayPal's annual revenue by fiscal year: 2020: $21.45B; 2021: $25.37B; 2022: $27.52B; 2023: $29.77B; 2024: $31.80B; 2025: $33.17B.
What was PayPal's net income in fiscal 2025?
PayPal reported net income of $5.23B for fiscal 2025.
What was PayPal's earnings per share (EPS) in fiscal 2025?
PayPal's diluted EPS was $5.41 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did PayPal generate in fiscal 2025?
PayPal generated $5.56B of free cash flow in fiscal 2025.
What was PayPal's revenue last quarter?
In its most recent reported quarter (2026 Q2), PayPal reported revenue of $8.68B.
How much debt does PayPal have?
PayPal reported $9.99B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of PayPal are outstanding?
PayPal reported a weighted average of 877.0 million basic shares outstanding in 2026 Q2.
What is PayPal's market cap?
Based on its latest closing price, PayPal (PYPL) has a market capitalization of about $49.54B.
When does PayPal's fiscal year end?
PayPal's fiscal year end, as registered with the SEC, is December 31.
Where is PayPal headquartered?
PayPal lists its business address in San Jose, California in its SEC filings.