PayPal Cash Flow Statement
NASDAQ: PYPLIndustrialsDiversified Commercial ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PayPal free cash flow
In fiscal 2025, PayPal generated $6.42 billion of operating cash flow and spent $852.0 million on capital expenditures. That left free cash flow of $5.56 billion, a free-cash-flow margin of 16.8% of revenue. Free cash flow was down 17.8% from the prior year's $6.77 billion.
PayPal returned $6.18 billion to shareholders: $130.0 million in dividends and $6.05 billion in share repurchases, equal to 111% of free cash flow. Free cash flow covered dividend payments 42.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
PayPal cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Depreciation & Amortization | 963.00M | 1.03B | 1.07B | 1.32B | 1.26B | 1.19B | 912.00M | 776.00M | 805.00M | 724.00M |
| Stock-Based Compensation | 1.00B | 1.23B | 1.48B | 1.26B | 1.38B | 1.38B | 1.02B | 853.00M | 733.00M | 438.00M |
| Change in Working Capital | 254.00M | 573.00M | -126.00M | 776.00M | -467.00M | 763.00M | 40.00M | 302.00M | 1.52B | 69.00M |
| Operating Cash Flow | 6.42B | 7.45B | 4.84B | 5.81B | 5.80B | 6.22B | 4.07B | 5.48B | 2.53B | 3.16B |
| Capital Expenditures | -852.00M | -683.00M | -623.00M | -706.00M | -908.00M | -866.00M | -704.00M | -823.00M | -667.00M | -669.00M |
| Investing Cash Flow | 797.00M | 1.69B | 752.00M | -3.33B | -5.15B | -16.55B | -5.74B | 821.00M | -4.49B | -5.90B |
| Dividends Paid | -130.00M | 0 | 0 | — | — | — | — | — | — | — |
| Share Repurchases | -6.05B | -6.05B | -5.00B | -4.20B | -3.37B | -1.64B | -1.41B | -3.52B | -1.01B | -995.00M |
| Debt Issued | 2.64B | 1.55B | 1.53B | 3.48B | 272.00M | 6.97B | 5.47B | 2.08B | 1.80B | — |
| Debt Repaid | -2.15B | -1.66B | -1.05B | -1.69B | -361.00M | -3.00B | -2.52B | -1.11B | -980.00M | -21.00M |
| Financing Cash Flow | -5.96B | -8.28B | -2.99B | -1.20B | -557.00M | 12.45B | 4.19B | -1.24B | 4.08B | 2.04B |
| Net Change in Cash | 1.53B | 656.00M | 2.68B | 1.13B | -11.00M | 2.30B | 2.51B | 4.95B | 2.17B | -708.00M |
| Free Cash Flow | 5.56B | 6.77B | 4.22B | 5.11B | 4.89B | 5.35B | 3.37B | 4.66B | 1.86B | 2.49B |
This table shows 10 annual periods of PayPal's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PYPL's reporting calendar. What is a cash flow statement?