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PYPL

PayPal

FinancialsBusiness ServicesS&P 500
Ticker PYPLSAN JOSE, CAFiscal year ends DecemberBook value per share $22.00Diluted shares 901.0M

PayPal Holdings, Inc. (Nasdaq: PYPL) operates a global digital payments network connecting consumers and merchants through online and in-person commerce. Its consumer services include digital wallets, checkout, person-to-person payments, international remittances, debit and credit products, buy now, pay later options,… From the company’s description.

In fiscal 2025, PayPal reported revenue of $33.17B, up 4.3% from fiscal 2024, and net income of $5.23B. Its operating margin was 18.3%, and operations generated $6.42B in cash. Over the twelve months to Jun 30, 2026, revenue was $34.13B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$33.17BFY2025
+4.3% year over year
Last 12 mo $34.13B
18.28%FY2025
+1.5 percentage points
Last 12 mo 17.42%
$5.23BFY2025
+26.2% year over year
Last 12 mo $4.90B
27.19%FY2025
+5.2 percentage points
Last 12 mo 24.73%
Cash & financing
$6.42BFY2025
−13.9% year over year
Last 12 mo $7.47B
$5.56BFY2025
−17.8% year over year
Last 12 mo $6.59B
0.49FY2025
Was 0.48× a year earlier
Last 12 mo 0.68
968.0MFY2025
−6.8% year over year
Last 12 mo 901.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PayPal does

In the company’s own words

PayPal Holdings, Inc. (Nasdaq: PYPL) operates a global digital payments network connecting consumers and merchants through online and in-person commerce. Its consumer services include digital wallets, checkout, person-to-person payments, international remittances, debit and credit products, buy now, pay later options, and tools for shopping and money management. Merchants, from small businesses to large enterprises, use its branded checkout, unbranded payment processing, point-of-sale, payouts, fraud prevention, and financing services. PayPal earns most of its revenue from fees on payment transactions and related services, along with currency conversion, credit products, and other value-added services. Its brands and offerings include PayPal, Venmo, Braintree, Xoom, Hyperwallet, Honey, and Paidy. At December 31, 2025, the network had 439 million active accounts across approximately 200 markets; during fiscal 2025, it processed $1.79 trillion in total payment volume. Its website is www.paypal.com.

Company details
Sector
Financials
Industry (SIC)
Business Services
Headquarters
SAN JOSE, CA
Fiscal year end
December
CIK
1633917
SIC
7389

Financial performance, year by year

Fiscal 2015–2025 · USD
$-3.41B$6.83B$17.06B$27.30B$37.54B20152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PayPal — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

801
funds hold it
2 of 35
superinvestors hold it
$10.79B
held by funds, at market
28.4%
of shares held by funds
16
bond issues held by funds

Superinvestors in PayPal · what they did last quarter

David EinhornNEW
DME Capital Management (Greenlight)
1.6%of 13F portfolio
Norbert LouUNCHANGED
Punch Card Management
10.6%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · PayPal’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.05%of fund net assets
0.16%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.06%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

PayPal’s bonds, as funds hold them

Funds report holding 16 issues of PayPal’s debt, $1.37B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.22%, maturing 2026 to 2062.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do PayPal and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of PayPal's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in PayPal's last four quarterly filings that the numbers alone won't show?”
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