
PayPal Holdings Income Statement 2025-2011 | PYPL
Brief overview of financial results at PayPal Holdings
The figures are compared over a five-year interval. The revenue attributed to PayPal Holdings moved from 21.5 billion dollars to 33.2 billion dollars between the two endpoints. The cumulative result was +54.6%, corresponding to roughly 9.1% per year. The company expanded at a measured pace.
Net profit was $4.2 billion at the start and $5.2 billion at the end. Net income reached a five-year high at the end of the interval.
Over the period, capitalization shifted from $275 billion to $40.3 billion (−85.3%). The market is not yet fully reflecting the fundamental progress.
Conclusion
The figures do not all move in the same direction. The financial profile benefits from improving net profitability and a larger revenue base. The most visible risks are declining capitalization. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement PayPal Holdings
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
40.3 B | 80.4 B | 64.8 B | 68.5 B | 221 B | 275 B | 127 B | 99 B | 88.6 B | 48.2 B | 44.2 B | - | - | - | - |
Shares |
959 M | 1.03 B | 1.1 B | 1.15 B | 1.17 B | 1.17 B | 1.17 B | 1.18 B | 1.2 B | 1.21 B | 1.22 B | - | - | - | - |
Historical Prices |
42 | 78.2 | 58.7 | 59.4 | 189 | 234 | 108 | 84.1 | 73.6 | 39.5 | 36.2 | - | - | - | - |
Net Income |
5.23 B | 4.15 B | 4.25 B | 2.42 B | 4.17 B | 4.2 B | 2.46 B | 584 M | 1.8 B | 1.4 B | 1.23 B | 419 M | 955 M | 778 M | - |
Revenue |
33.2 B | 31.8 B | 29.8 B | 27.5 B | 25.4 B | 21.5 B | 17.8 B | 15.5 B | 13.1 B | 10.8 B | 9.25 B | 8.02 B | 6.73 B | 5.66 B | - |
Gross Profit |
- | - | - | - | - | 21.5 B | 7.99 B | 7.11 B | 7.66 B | 6.41 B | 5.83 B | 5.21 B | 4.39 B | 3.78 B | - |
Operating Income |
6.06 B | 5.32 B | 5.03 B | 3.84 B | 4.26 B | 3.29 B | 2.72 B | 2.19 B | 2.13 B | 1.59 B | 1.46 B | 1.27 B | 1.09 B | - | - |
Interest Expense |
-11 M | 9 M | 347 M | 304 M | 232 M | 209 M | 115 M | 77 M | 7 M | 3 M | - | - | - | - | - |
EBITDA |
7.03 B | 6.36 B | 6.1 B | 5.15 B | 5.53 B | 4.48 B | 3.63 B | 2.97 B | 2.93 B | 2.31 B | 2.12 B | 1.78 B | 1.54 B | 1.28 B | - |
Operating Expenses |
27.1 B | 26.5 B | 24.7 B | 23.7 B | 21.1 B | 18.2 B | 5.2 B | 4.61 B | 5.4 B | 4.82 B | 4.32 B | 3.94 B | 3.3 B | 2.88 B | - |
General and Administrative Expenses |
1.98 B | 2.15 B | 2.06 B | 2.1 B | 2.11 B | 4.71 B | 3.8 B | 1.45 B | 2.52 B | 2.3 B | 1.78 B | 1.54 B | 1.33 B | 1.16 B | - |
All numbers in USD currency
Quarterly Income Statement PayPal Holdings
| 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
913 M | 920 M | 950 M | 969 M | 986 M | 993 M | 1.02 B | 1.04 B | 1.06 B | 1.07 B | 1.09 B | 1.11 B | 1.13 B | - | 1.15 B | 1.16 B | 1.16 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.17 B | 1.18 B | 1.18 B | 1.17 B | 1.18 B | 1.18 B | 1.19 B | 1.19 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.21 B | 1.21 B | 1.21 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | 1.22 B | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
1.11 B | - | 1.25 B | 1.26 B | 1.29 B | - | 1.01 B | 1.13 B | 888 M | - | 1.02 B | 1.03 B | 795 M | - | 1.33 B | -341 M | 509 M | - | 1.09 B | 1.18 B | 1.1 B | 1.57 B | 1.02 B | 1.53 B | 84 M | 507 M | 462 M | 823 M | 667 M | 584 M | 436 M | 526 M | 511 M | 620 M | 380 M | 411 M | 384 M | 390 M | 323 M | 323 M | 365 M | 367 M | 301 M | 305 M | 255 M | 286 M | 234 M | 281 M | -382 M | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
8.35 B | - | - | 8.29 B | 7.79 B | - | 7.85 B | 7.88 B | 7.7 B | - | 7.42 B | 7.29 B | 7.04 B | - | - | - | 6.48 B | - | 6.18 B | 6.24 B | 6.03 B | 6.12 B | 5.46 B | 5.26 B | 4.62 B | 4.96 B | 4.38 B | 4.3 B | 4.13 B | 4.23 B | 3.68 B | 3.86 B | 3.68 B | 3.74 B | 3.24 B | 3.14 B | 2.98 B | 2.98 B | 2.67 B | 2.65 B | 2.54 B | 2.56 B | 2.26 B | 2.3 B | 2.14 B | 2.19 B | 1.98 B | 1.98 B | 1.87 B | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
1.49 B | - | 1.52 B | 1.5 B | 1.53 B | - | 1.39 B | 1.32 B | 1.17 B | - | 1.17 B | 1.13 B | 999 M | - | 1.12 B | 764 M | 711 M | - | 1.04 B | 1.13 B | 1.04 B | - | 977 M | 951 M | 398 M | - | 697 M | 705 M | 518 M | - | 490 M | 572 M | 534 M | - | 423 M | 430 M | 431 M | - | 348 M | 371 M | 407 M | - | 330 M | 398 M | 322 M | - | 272 M | 330 M | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
10 M | - | -3 M | -7 M | -17 M | - | 14 M | 8 M | 10 M | - | 11 M | 8 M | 87 M | - | 87 M | 69 M | 59 M | - | 58 M | 57 M | 58 M | - | 58 M | 55 M | 37 M | - | 29 M | 27 M | 22 M | - | 22 M | 19 M | 16 M | - | 1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
1.73 B | - | - | 1.55 B | 1.78 B | - | 1.44 B | 1.38 B | 1.43 B | - | 1.22 B | 1.19 B | 1.27 B | - | 1.12 B | 764 M | 1.04 B | - | 1.15 B | 1.24 B | 1.34 B | - | 1.86 B | 1.54 B | 691 M | - | 1.38 B | 1.16 B | 748 M | - | 1.04 B | 937 M | 719 M | - | 1 B | 814 M | 614 M | - | 883 M | 721 M | 581 M | - | 774 M | 689 M | 463 M | - | 401 M | 585 M | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
6.86 B | - | - | 6.78 B | 6.26 B | - | 6.46 B | 6.56 B | 6.53 B | - | 6.25 B | 6.15 B | 6.04 B | - | - | - | 5.77 B | - | 5.14 B | 5.11 B | 4.99 B | - | 4.48 B | 4.31 B | 4.22 B | - | 3.68 B | 3.6 B | 3.61 B | - | 3.19 B | 3.28 B | 3.15 B | - | 2.82 B | 2.71 B | 2.54 B | - | 2.32 B | 2.28 B | 2.14 B | - | 1.93 B | 1.9 B | 1.82 B | - | 1.7 B | 1.65 B | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
491 M | - | - | 461 M | 503 M | - | 519 M | 570 M | 464 M | - | 507 M | 491 M | 507 M | - | - | - | 607 M | - | 498 M | 522 M | 524 M | - | 503 M | 512 M | 486 M | - | 401 M | 419 M | 419 M | - | 377 M | 387 M | 347 M | - | 293 M | 282 M | 265 M | - | 261 M | 261 M | 231 M | - | 216 M | 215 M | 217 M | - | 101 M | 122 M | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company PayPal Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.