PayPal Holdings, Inc.(PYPL)Earnings, Financials & Key Ratios

PYPL•NASDAQ

$45.65

8.4× P/E·Price updated Jul 7, 2026

SectorFinancial Services IndustryCredit Services Sub-IndustryPayment Networks and Merchant Acquiring

AboutPayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.Show more

EBITDA$7.03B+10.6%
Net Income$5.23B+26.2%
EPS (Diluted)5.41+35.6%
Gross Margin46.62%+1.1%
EBITDA Margin21.19%+6.0%
Operating Margin18.28%+9.2%
Net Margin15.78%+21.0%
ROE25.73%+28.7%

PYPL Price & Volume

PayPal Holdings, Inc. (PYPL) stock price & volume — 10-year historical chart

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Structural Margin Headwinds Offset By Capital Returns

Investment Thesis • Updated 2026Q1

VerdictNeutral

Growth:Mixed

Profitability:Moderate

Financial:Healthy

Cash Flow:Stable

Primary Risk:Margin compression from Braintree

Key Thesis Takeaways

PayPal faces a challenging transition as the shift toward lower-margin unbranded processing volumes constrains profitability, with gross margins remaining trapped in the 45% to 47% range.
While management's aggressive cost-cutting has stabilized operating margins near 18%, the company's reliance on share repurchases—often exceeding $1.5 billion per quarter—serves as the primary driver for EPS growth amidst competitive pressure from OS-native wallets.
Investors should monitor the sustainability of this capital allocation strategy against the backdrop of $10.9 billion in goodwill and the potential for further erosion of the branded checkout moat.

Verdict Logic

while the stock trades at a modest 8.19x TTM P/E, the persistent margin compression and reliance on $1.5 billion quarterly buybacks to drive EPS growth suggest limited upside until the core branded checkout business demonstrates renewed competitive stability.

PYPL Growth Metrics

PayPal Holdings, Inc. (PYPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years13.62%

5 Years9.11%

3 Years6.43%

TTM-

Profit CAGR

10 Years15.6%

5 Years4.49%

3 Years29.33%

TTM11.28%

EPS CAGR

10 Years18.39%

5 Years8.85%

3 Years37.3%

TTM19.24%

Return on Capital

10 Years13.33%

5 Years14.74%

3 Years16.32%

Last Year18.11%

PYPL Recent Earnings

PayPal Holdings, Inc. (PYPL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)

Q2 2026Latest

May 5, 2026

Metric

Actual

Est

EPS

$1.34+5.5%

$1.27

Rev

$8.4B+3.8%

$8.0B

Q1 2026

Feb 3, 2026

Metric

Actual

Est

EPS

$1.23-4.7%

$1.29

Rev

$8.7B-1.3%

$8.8B

Q4 2025

Oct 28, 2025

Metric

Actual

Est

EPS

$1.34+11.7%

$1.20

Rev

$8.4B+2.2%

$8.2B

Q3 2025

Jul 29, 2025

Metric

Actual

Est

EPS

$1.40+7.7%

$1.30

Rev

$8.3B+2.5%

$8.1B

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$1.34vs $1.27+5.5%	$8.4Bvs $8.0B+3.8%
Q1 2026	Feb 3, 2026	$1.23vs $1.29-4.7%	$8.7Bvs $8.8B-1.3%
Q4 2025	Oct 28, 2025	$1.34vs $1.20+11.7%	$8.4Bvs $8.2B+2.2%
Q3 2025	Jul 29, 2025	$1.40vs $1.30+7.7%	$8.3Bvs $8.1B+2.5%

Based on last 12 quarters of dataView full earnings history →

Latest PYPL News

Recent stock market news and headlines for PayPal Holdings, Inc. (PYPL)

Seeking Alpha·13h ago

PayPal Has Truly Hit The Bargain Bin (Upgrade)

PayPal is upgraded back to Buy as the stock appears to have found a long-term bottom, trading at just above 8x forward earnings. A bargain bin prospect now. Management's focus on technical simplification and Venmo integration is seen as a pivotal growth lever, though execution remains a 'show me' story. Branded checkout weakness persists, but $1.5 billion in cost savings could fund growth initiatives and improve Venmo-PayPal integration.

24/7 Wall Street·17h ago

Mastercard Vs. Paypal: The Argument Over Which Undervalued Fintech To Buy Has a Clear Cut Answer

Mastercard (NYSE:MA | MA Price Prediction) and PayPal (NASDAQ:PYPL) just closed Q1 2026 reports that look like mirror opposites.

Zacks Investment Research·17h ago

PayPal's BNPL Push: Will It Drive Higher Checkout Basket Sizes?

PYPL expands BNPL to strengthen branded checkout, attract customers and boost merchant sales as strong adoption leaves room for further growth.

Zacks Investment Research·18h ago

Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Paypal (PYPL). This makes it worthwhile to examine what the stock has in store.

24/7 Wall Street·1 day ago

Oversold vs Undervalued: 3 Stocks Sitting in the Sweet Spot for Retirement Investors

What's the difference between a stock that is oversold and one that is undervalued?

Peers Comparison

Key metrics vs top competitors for PayPal Holdings, Inc. (PYPL)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
PYPLPayPal Holdings, Inc.Current	$45.65	$40.27B	8.44	4.32%	15.78%	25.73%	0.29%
VVisa Inc.	$352.20	$675.68B	34.53	11.34%	51.68%	58.9%	—
MAMastercard Incorporated	$531.62	$470.6B	32.18	16.42%	45.88%	205.79%	—
FISFidelity National Information Services, Inc.	$42.60	$22.02B	56.80	5.43%	22.91%	18.45%	—
FISVFiserv, Inc.	$52.71	$28.19B	8.31	3.6%	15.17%	12.43%	—
GPNGlobal Payments Inc.	$77.59	$18.37B	13.31	-23.75%	-7.99%	-2.96%	—

Compare PYPL vs Peers

PayPal Holdings, Inc. (PYPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs V

Most directly comparable listed peer for PYPL.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare PYPL against a more recognizable public peer.

Peer Set

Compare Top 5

vs V, MA, FIS, FISV

PYPL SEC Filings & Documents

PayPal Holdings, Inc. (PYPL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

FY 2026

Feb 3, 2026·SEC

FY 2025

Feb 4, 2025·SEC

FY 2024

Feb 8, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 5, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 29, 2025·SEC

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PYPL Frequently Asked Questions

PayPal Holdings, Inc. (PYPL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is PayPal Holdings, Inc.'s revenue?

PayPal Holdings, Inc. (PYPL) reported $33.73B in revenue for fiscal year 2025.

How fast is PayPal Holdings, Inc. growing?

PayPal Holdings, Inc. (PYPL) grew revenue by 4.3% over the past year. Growth has been modest.

Is PYPL profitable?

Yes, PayPal Holdings, Inc. (PYPL) is profitable, generating $5.06B in net income for fiscal year 2025 (15.8% net margin).

Dividend & Returns

Does PYPL pay dividends?

Yes, PayPal Holdings, Inc. (PYPL) pays a dividend with a yield of 0.29%. This makes it attractive for income-focused investors.

What is PYPL's return on equity?

PayPal Holdings, Inc. (PYPL) has a return on equity (ROE) of 25.7%. This is excellent, indicating efficient use of shareholder capital.

What is PayPal Holdings, Inc.'s free cash flow?

PayPal Holdings, Inc. (PYPL) generated $5.51B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PYPL back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 5, 2026

$1.34vs $1.27+5.5%

$8.4Bvs $8.0B+3.8%

Q1 2026

Feb 3, 2026

$1.23vs $1.29-4.7%

$8.7Bvs $8.8B-1.3%

Q4 2025

Oct 28, 2025

$1.34vs $1.20+11.7%

$8.4Bvs $8.2B+2.2%

Q3 2025

Jul 29, 2025

$1.40vs $1.30+7.7%

$8.3Bvs $8.1B+2.5%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

PYPLPayPal Holdings, Inc.Current

$45.65

$40.27B

8.44

4.32%

15.78%

25.73%

0.29%

VVisa Inc.

$352.20

$675.68B

34.53

11.34%

51.68%

58.9%

—

MAMastercard Incorporated

$531.62

$470.6B

32.18

16.42%

45.88%

205.79%

—

FISFidelity National Information Services, Inc.

$42.60

$22.02B

56.80

5.43%

22.91%

18.45%

—

FISVFiserv, Inc.

$52.71

$28.19B

8.31

3.6%

15.17%

12.43%

—

GPNGlobal Payments Inc.

$77.59

$18.37B

13.31

-23.75%

-7.99%

-2.96%

—