PayPal Financial Statements
NASDAQ: PYPLIndustrialsDiversified Commercial ServicesUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Pre-market: 55.09 +0.13%
PayPal revenue and earnings
In fiscal 2025, PayPal generated $33.17 billion in revenue, up 4.3% from fiscal 2024, its 12th consecutive year of revenue growth. Net income was $5.23 billion (+26.2% year over year), for a net margin of 15.8% versus a median of 14.3% in the prior 5 years. Operating margin was 18.3%.
Diluted earnings per share came in at $5.41, up from $3.99. Over the last 5 fiscal years, PYPL's revenue has grown at a 9.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
PayPal income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33.17B | 31.80B | 29.77B | 27.52B | 25.37B | 21.45B | 17.77B | 15.45B | 13.09B | 10.84B |
| Revenue growth (YoY) | +4.32% | +6.81% | +8.19% | +8.46% | +18.26% | +20.72% | +15.02% | +18.00% | +20.77% | +17.24% |
| Operating Expenses | 27.11B | 26.47B | 24.74B | 23.68B | 21.11B | 18.16B | 15.05B | 13.26B | 10.97B | 9.26B |
| Research & Development | — | — | — | — | — | — | — | 1.07B | 953.00M | 834.00M |
| Selling, General & Admin | 4.26B | 4.15B | 3.87B | 4.36B | 4.56B | 3.93B | 3.11B | 2.85B | 2.40B | 2.00B |
| Operating Income | 6.07B | 5.33B | 5.03B | 3.84B | 4.26B | 3.29B | 2.72B | 2.19B | 2.13B | 1.59B |
| Interest Expense | 441.00M | 382.00M | 347.00M | 304.00M | 232.00M | 209.00M | 115.00M | 77.00M | 7.00M | 3.00M |
| Other Income (Expense) | 227.00M | 4.00M | 383.00M | -471.00M | -163.00M | 1.78B | 279.00M | 182.00M | 73.00M | 45.00M |
| Pretax Income | 1.45B | 946.00M | 993.00M | 3.37B | 4.10B | 5.07B | 3.00B | 2.38B | 2.20B | 1.63B |
| Income Tax | 1.06B | 1.18B | 1.17B | 947.00M | -70.00M | 863.00M | 539.00M | 319.00M | 405.00M | 230.00M |
| Net Income | 5.23B | 4.15B | 4.25B | 2.42B | 4.17B | 4.20B | 2.46B | 2.06B | 1.79B | 1.40B |
| Net Income growth (YoY) | +26.19% | -2.33% | +75.53% | -41.98% | -0.79% | +70.88% | +19.54% | +14.60% | +28.12% | +14.09% |
| EPS (Basic) | 5.46 | 4.03 | 3.85 | 2.10 | 3.55 | 3.58 | 2.09 | 1.74 | 1.49 | 1.16 |
| EPS (Diluted) | 5.41 | 3.99 | 3.84 | 2.09 | 3.52 | 3.54 | 2.07 | 1.71 | 1.47 | 1.15 |
| Shares Outstanding (Basic) | 959.00M | 1.03B | 1.10B | 1.15B | 1.17B | 1.17B | 1.17B | 1.18B | 1.20B | 1.21B |
| Shares Outstanding (Diluted) | 968.00M | 1.04B | 1.11B | 1.16B | 1.19B | 1.19B | 1.19B | 1.20B | 1.22B | 1.22B |
| EBITDA | 7.03B | 6.36B | 6.10B | 5.15B | 5.53B | 4.48B | 3.63B | 2.97B | 2.93B | 2.31B |
| Operating Margin | 18.28% | 16.75% | 16.89% | 13.94% | 16.80% | 15.33% | 15.30% | 14.20% | 16.24% | 14.63% |
| Net Margin | 15.78% | 13.04% | 14.26% | 8.79% | 16.43% | 19.59% | 13.84% | 13.31% | 13.71% | 12.92% |
This table shows 10 annual periods of PayPal's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, operating expenses, research & development. Values in USD; B = billions, M = millions. Fiscal periods follow PYPL's reporting calendar. What is a income statement?