PayPal Holdings, Inc. (PYPL) income statement
NASDAQ · Financial Services · Financial - Credit Services · 23,800 employees · CEO Enrique J. Lores
- Price
- $57.01 +0.11%
- Market cap
- $47.4B
- Enterprise value
- $53.7B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-02 EPS est. $1.42
PayPal Holdings, Inc. (PYPL) reported revenue of $8.58B for Q3 '26 (+2.0% year on year), operating income of $1.4B (16.3% of revenue) and net income of $1.07B. Over the last four quarters revenue was $34.3B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.03B | $7.7B | $7.89B | $7.85B | $8.37B | $7.79B | $8.29B | $8.42B | $8.68B | $8.35B | $8.68B | $8.58B | |
| Cost of revenue | $4.35B | $4.24B | $4.28B | $4.19B | $4.43B | $4.08B | $4.44B | $4.55B | $4.64B | $4.54B | $4.78B | $5.07B | |
| Gross profit | $3.67B | $3.46B | $3.61B | $3.65B | $3.94B | $3.72B | $3.84B | $3.87B | $4.03B | $3.81B | $3.9B | $3.52B | |
| Research & development | $770M | $742M | $718M | $746M | $773M | $731M | $767M | $801M | $804M | $793M | $849M | $831M | |
| Sales & marketing | $466M | $421M | $446M | $508M | $626M | $488M | $583M | $521M | $691M | $518M | $546M | $508M | |
| General & administrative | $554M | $464M | $570M | $519M | $594M | $503M | $461M | $513M | $502M | $491M | $503M | $520M | |
| Other operating expenses | $154M | $666M | $549M | $490M | $501M | $464M | $529M | $516M | $526M | $520M | $113M | $255M | |
| Operating expenses | $1.94B | $2.29B | $2.28B | $2.26B | $2.49B | $2.19B | $2.34B | $2.35B | $2.52B | $2.32B | $2.01B | $2.11B | |
| Operating income | $1.73B | $1.17B | $1.33B | $1.39B | $1.44B | $1.53B | $1.5B | $1.52B | $1.51B | $1.49B | $1.89B | $1.4B | |
| Interest income | $132M | $166M | $165M | $183M | $148M | $145M | $135M | $119M | $118M | $0 | $104M | $125M | |
| Interest expense | $87M | $86M | $93M | $106M | $97M | $103M | $114M | $113M | $111M | $0 | $126M | $138M | |
| Other non-operating income (gains on investments, FX ...) | -$152M | -$127M | -$167M | -$26M | -$66M | -$176M | -$139M | -$126M | -$227M | -$13M | $7M | $28M | |
| Total non-operating income | $65M | $41M | $74M | -$80M | -$31M | $73M | $25M | $13M | $116M | -$95M | -$579M | -$28M | |
| Income before tax | $1.79B | $1.21B | $1.4B | $1.31B | $1.41B | $1.6B | $1.53B | $1.53B | $1.63B | $1.39B | $1.31B | $1.37B | |
| Income tax | $391M | $321M | $271M | $301M | $289M | $316M | $268M | $285M | $190M | $280M | $206M | $301M | |
| Net income | $1.4B | $888M | $1.13B | $1.01B | $1.12B | $1.29B | $1.26B | $1.25B | $1.44B | $1.11B | $1.1B | $1.07B | |
| EPS (basic) | $1.30 | $0.83 | $1.08 | $1.00 | $1.12 | $1.31 | $1.30 | $1.31 | $1.54 | $1.22 | $1.26 | $1.26 | |
| EPS (diluted) | $1.29 | $0.83 | $1.08 | $0.99 | $1.11 | $1.29 | $1.29 | $1.30 | $1.53 | $1.21 | $1.25 | $1.25 | |
| Shares (basic, weighted) | 1.08B | 1.06B | 1.04B | 1.02B | 997M | 986M | 969M | 968M | 931M | 913M | 895M | 849M | |
| Shares (diluted, weighted) | 1.08B | 1.07B | 1.05B | 1.02B | 1.01B | 999M | 977M | 978M | 939M | 920M | 901M | 858M | |
| Depreciation & amortization | $263M | $265M | $263M | $255M | $249M | $245M | $239M | $245M | $234M | $238M | $246M | $251M | |
| EBITDA | $2.14B | $1.56B | $1.76B | $1.67B | $1.76B | $1.95B | $1.88B | $1.89B | $1.97B | $1.74B | $2.14B | $1.63B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.8B | $13.1B | $15.5B | $17.8B | $21.5B | $25.4B | $27.5B | $29.8B | $31.8B | $33.2B | |
| Cost of revenue | $4.43B | $5.43B | $6.86B | $8.17B | $9.68B | $11.4B | $13.7B | $16.1B | $17.1B | $17.7B | |
| Gross profit | $6.41B | $7.66B | $8.6B | $9.6B | $11.8B | $14B | $13.8B | $13.7B | $14.7B | $15.5B | |
| Research & development | $834M | $953M | $1.07B | $2.09B | $2.64B | $3.04B | $3.25B | $2.97B | $2.98B | $3.1B | |
| Sales & marketing | $969M | $1.14B | $1.31B | $1.4B | $1.86B | $2.45B | $2.26B | $1.81B | $2B | $2.28B | |
| General & administrative | $1.03B | $1.26B | $1.54B | $1.71B | $2.07B | $2.11B | $2.1B | $2.06B | $2.15B | $1.98B | |
| Other operating expenses | $1.99B | $2.18B | $2.48B | $1.69B | $1.92B | $2.14B | $2.33B | $1.84B | $2.21B | $2.04B | |
| Operating expenses | $4.82B | $5.54B | $6.4B | $6.88B | $8.49B | $9.73B | $9.94B | $8.68B | $9.33B | $9.4B | |
| Operating income | $1.59B | $2.13B | $2.19B | $2.72B | $3.29B | $4.26B | $3.84B | $5.03B | $5.33B | $6.07B | |
| Interest income | $0 | $85M | $168M | $197M | $88M | $57M | $174M | $480M | $662M | $517M | |
| Interest expense | $0 | $7M | $77M | $115M | $209M | $232M | $304M | $347M | $382M | $441M | |
| Other non-operating income (gains on investments, FX ...) | -$48M | -$80M | -$259M | -$394M | -$1.99B | -$69M | $167M | -$730M | -$386M | -$668M | |
| Total non-operating income | $45M | $73M | $182M | $279M | $1.78B | -$163M | -$471M | $383M | $4M | $227M | |
| Income before tax | $1.63B | $2.2B | $2.38B | $3B | $5.07B | $4.1B | $3.37B | $5.41B | $5.33B | $6.29B | |
| Income tax | $230M | $405M | $319M | $539M | $863M | -$70M | $947M | $1.17B | $1.18B | $1.06B | |
| Net income | $1.4B | $1.8B | $2.06B | $2.46B | $4.2B | $4.17B | $2.42B | $4.25B | $4.15B | $5.23B | |
| EPS (basic) | $1.16 | $1.49 | $1.74 | $2.09 | $3.58 | $3.55 | $2.10 | $3.85 | $4.03 | $5.46 | |
| EPS (diluted) | $1.15 | $1.47 | $1.71 | $2.07 | $3.54 | $3.52 | $2.09 | $3.84 | $3.99 | $5.41 | |
| Shares (basic, weighted) | 1.21B | 1.2B | 1.18B | 1.17B | 1.17B | 1.17B | 1.15B | 1.1B | 1.03B | 959M | |
| Shares (diluted, weighted) | 1.22B | 1.22B | 1.2B | 1.19B | 1.19B | 1.19B | 1.16B | 1.11B | 1.04B | 968M | |
| Depreciation & amortization | $724M | $805M | $776M | $912M | $1.19B | $1.27B | $1.32B | $1.07B | $1.03B | $963M | |
| EBITDA | $2.36B | $3.01B | $3.23B | $4.03B | $6.46B | $5.6B | $4.99B | $6.83B | $6.74B | $7.7B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02