PayPal Holdings, Inc. (PYPL) operating KPIs

PYPLNasdaqServices-Business Services, NECFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 17/3042% below fair value

$57.01+0.06 (+0.11%)

Close on Oct 30, 2026Market cap $48.77BP/E 10.8Yield 0.25%

KPIs

Operating metrics that drive PayPal's business · fiscal year ends December 31

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Metric	Q4 '26 2026-12-31	Q3 '26 2026-09-30	Q2 '26 2026-06-30	Q1 '26 2026-03-31	Q4 '25 2025-12-31	Q3 '25 2025-09-30	Q2 '25 2025-06-30	Q1 '25 2025-03-31	Q4 '24 2024-12-31	Q3 '24 2024-09-30	Q2 '24 2024-06-30	Q1 '24 2024-03-31

Total Payment Volume (TPV, $M)($M)9		487,138	486,448	463,955	475,135	458,088	443,547	417,208	437,836	422,641	416,814	403,860
Reported YoY growth (%)(%)		6.0%	10.0%	11.0%	9.0%	8.0%	6.0%	3.0%	7.0%	9.0%	11.0%	14.0%
FX-neutral (FXN) YoY growth (%)(%)		7.0%	9.0%	8.0%	6.0%	7.0%	5.0%	4.0%	7.0%	9.0%	11.0%	14.0%
U.S. TPV ($M)($M)1		316,524	315,580	300,131	300,798	285,966	276,778	269,916	275,911	265,706	265,526	259,190
U.S. TPV — YoY growth (%)(%)		11.0%	14.0%	11.0%	9.0%	8.0%	4.0%	4.0%	7.0%	9.0%	11.0%	12.0%
International TPV ($M)($M)4		170,614	170,868	163,824	174,337	172,122	166,768	147,293	161,925	156,934	151,288	144,671
International TPV — reported YoY growth (%)(%)		-1.0%	2.0%	11.0%	8.0%	10.0%	10.0%	2.0%	7.0%	8.0%	10.0%	18.0%
International TPV — FX-neutral YoY growth (%)(%)		0.0%	0.0%	2.0%	2.0%	5.0%	6.0%	5.0%	7.0%	8.0%	11.0%	17.0%
International share of Total TPV (%, Form 10-Q / 10-K)(%)		35.0%	35.0%	35.0%		38.0%	38.0%	35.0%
Cross-border TPV ($M — legacy disclosure through Q4 2025)($M)3					56,194	54,316	53,045	49,767	53,022	50,186	49,089	1
Branded experiences (online & offline) — share of TPV (%)(%)1		31.0%	31.0%	31.0%	33.0%	31.0%	31.0%	31.0%	34.0%	30.0%	30.0%	31.0%
Branded experiences TPV — FX-neutral YoY growth (%)(%)		6.0%	6.0%	5.0%		8.0%	8.0%	4.0%	7.0%	6.0%	11.0%	14.0%
Branded checkout (online) — share of TPV (%)(%)3		27.0%	28.0%	29.0%	31.0%	29.0%	29.0%	29.0%	32.0%	29.0%	29.0%	30.0%
Branded checkout (online) TPV — FX-neutral YoY growth (%)(%)		1.0%	2.0%	2.0%	1.0%	5.0%	5.0%	4.0%	6.0%	5.0%	5.0%	6.0%
Buy Now, Pay Later (Pay Later / BNPL) TPV — YoY growth (%, earnings call)(%)		25.0%	26.0%	23.0%	23.0%
Pay with Venmo TPV — YoY growth (%, earnings call)(%)		43.0%	44.0%	34.0%	32.0%
Venmo TPV ($M)($M)3		96,810	93,806	86,206	85,793	85,226	81,976	75,942	75,610	74,848	73,290	69,265
Venmo TPV — reported YoY growth (%)(%)		14.0%	14.0%	14.0%	13.0%	14.0%	12.0%	10.0%	10.0%	8.0%	8.0%	8.0%
Venmo TPV — FX-neutral YoY growth (%)(%)		14.0%	14.0%	14.0%	13.0%	14.0%	12.0%	10.0%	8.0%	8.0%	7.0%	8.0%
Venmo — share of Total TPV (%)(%)		20.0%	19.0%	19.0%	18.0%	19.0%	18.0%	18.0%	34.0%	18.0%	26.0%	17.0%
Total Peer-to-Peer (P2P) TPV ($M — PayPal, Venmo & Xoom)($M)3		116,058	115,198	108,643	109,810	110,746	108,442	101,383	102,663	102,353	100,802	96,361
Total P2P TPV — YoY growth (%)(%)		5.0%	6.0%	7.0%	7.0%	8.0%	8.0%	5.0%	7.0%	6.0%	6.0%	6.0%
P2P & other consumer — share of Total TPV (%)(%)		27.0%	27.0%	26.0%	26.0%	27.0%	27.0%	27.0%	25.0%	26.0%	26.0%	25.0%
P2P & other consumer TPV — FX-neutral YoY growth (%)(%)		10.0%	10.0%	10.0%	10.0%	11.0%	10.0%	8.0%	9.0%	7.0%	7.0%	7.0%
PSP (Enterprise & SMB unbranded processing) — share of TPV (%)(%)1		45.0%	45.0%	45.0%	43.0%	45.0%	44.0%	44.0%	43.0%	45.0%	45.0%	45.0%
PSP TPV — FX-neutral YoY growth (%)(%)		8.0%	13.0%	11.0%	8.0%	6.0%	2.0%	2.0%	6.0%	12.0%	18.0%	24.0%
Total take rate (% of TPV — Total Net Revenue ÷ TPV)(%)1		1.8%	1.8%	1.8%	1.8%	1.8%	1.9%	1.9%	1.9%	1.9%	1.9%	1.9%
Transaction take rate (% of TPV — Transaction Revenue ÷ TPV)(%)		1.6%	1.6%	1.6%	1.7%	1.6%	1.7%	1.7%	1.7%	1.7%	1.7%	1.7%

Active accounts — period-end (millions)(M)2		440	439	439	439	438	438	436	434	432	429	427
Active accounts — YoY growth (%)(%)		1.0%	0.0%	1.0%	1.0%	1.0%	2.0%	2.0%	2.0%	1.0%	0.0%	-1.0%
Monthly active accounts (MAA, millions — average of months in period)(M)1		228	228	225	231	227	226	224	228	222	221	220
Monthly active accounts (MAA) — YoY growth (%)(%)		0.0%	1.0%	1.0%	1.0%	2.0%	2.0%	2.0%	2.0%	2.0%	3.0%	2.0%
Number of payment transactions (millions)(M)2		6,796	6,750	6,475	6,754	6,331	6,226	6,045	6,619	6,631	6,580	6,505
Payment transactions — YoY growth (%)(%)		7.0%	8.0%	7.0%	2.0%	-5.0%	-5.0%	-7.0%	-3.0%	6.0%	8.0%	11.0%
Payment transactions ex-PSP / unbranded card processing (millions)(M)1		4,307	4,233	4,081	4,284	4,035	3,946	3,805	4,052	3,770	3,719	3,602
Payment transactions ex-PSP — YoY growth (%)(%)		7.0%	7.0%	7.0%	6.0%	7.0%	6.0%	6.0%	7.0%	6.0%	6.0%	6.0%
Payment transactions per active account — trailing 12-month (TPA, count)(×)2		60.80	60.00	58.70	57.70	57.60	58.30	59.40	60.60	61.40	60.90	60.00
TPA — YoY growth (%)(%)		6.0%	3.0%	-1.0%	-5.0%	-6.0%	-4.0%	-1.0%	3.0%	9.0%	11.0%	13.0%
TPA ex-PSP / unbranded card processing — trailing 12-month (count)(×)1		38.40	37.90	37.20	36.60	36.20	35.60	35.20	34.90	34.50	34.20	33.90
TPA ex-PSP — YoY growth (%)(%)		6.0%	7.0%	6.0%	5.0%	5.0%	4.0%	4.0%	4.0%	5.0%	6.0%	7.0%

Transaction margin dollars (TM$, $M)($M)3		3,950	3,900	3,810	4,034	3,871	3,844	3,716	3,935	3,654	3,608	3,461
TM$ — YoY growth (%)(%)		2.0%	1.0%	3.0%	3.0%	6.0%	7.0%	7.0%	7.0%	8.0%	8.0%	4.0%
Transaction margin (% of total net revenue)(%)1		46.0%	44.9%	45.6%	46.5%	46.0%	46.4%	47.7%	47.0%	46.6%	45.8%	45.0%
Transaction margin — YoY change (bps)(bps)		3	-146	-208	-54	-58	62	274	128	115	-19	-213
TM$ excluding interest on customer balances ($M)($M)3		3,661	3,619	3,536	3,741	3,550	3,526	3,418	3,603	3,315	3,267	3,189
TM$ ex-interest on customer balances — YoY growth (%)(%)		3.0%	3.0%	3.0%	4.0%	7.0%	8.0%	7.0%	6.0%	6.0%	5.0%	1.0%
Interest on customer balances ($M — recognized in OVAS revenue)($M)		289	281	274	293	321	318	298	332	339	341	272
Revenue not from contracts with customers — credit & customer balance interest ($M, ASC 606)($M)		613	589	473	500	542	506	573	600	515	520	468
Total volume-based expenses (TE + TL + CL, $M)($M)4		4,634	4,782	4,543	4,642	4,546	4,444	4,075	4,431	4,193	4,277	4,238
Total volume-based expenses — YoY growth (%)(%)		2.0%	8.0%	11.0%	5.0%	8.0%	4.0%	-4.0%	2.0%	4.0%	9.0%	14.0%
Transaction expense (TE, $M)($M)1		4,248	4,385	4,165	4,252	4,063	3,968	3,704	3,997	3,841	3,942	3,917
Transaction expense rate (% of TPV)(%)		0.9%	0.9%	0.9%	0.9%	0.9%	0.9%	0.9%	0.9%	0.9%	1.0%	1.0%
Transaction losses (TL, $M)($M)2		328	323	276	279	397	383	278	331	264	259	260
Transaction loss rate (% of TPV)(%)		0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%
Protection programs — third-party recoveries ($M, Form 10-Q/10-K)($M)		62	53	49	43	41	35	33	47	53	30	34
Credit losses (CL, $M)($M)3		58	74	102	111	86	93	93	103	88	76	61
Credit loss rate (% of TPV)(%)		0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net credit charge-offs ($M)($M)		103	101	74	85	90	75	78	77	81	91	-2
Credit reserve build / (release) ($M)($M)		-45	-27	28	26	-4	18	15	26	7	-15	-3
Foreign exchange derivative notional — total ($M, Form 10-Q/10-K)($M)6		14,383	16,253	16,097	17,810	17,857	17,061	15,756	17,259	18,675	19,260	19,707
Designated cash flow & net investment FX hedges — notional ($M)($M)		6,521	7,221	7,469	5,878	6,122	6,203	4,260	3,942	6,921	6,828	6,792
Non-designated balance sheet FX contracts — notional ($M)($M)		7,862	9,032	8,628	11,932	11,735	10,858	11,496	13,317	11,754	12,432	12,915
FX hedge gains / (losses) recognized in International revenue ($M)($M)		23	6	-86	-82	-49	-70	35	38	-12	22	0
Total FX impact on Net Revenue ($M)($M)		3	80	171	116	85	41	-69	9	0	-11	32
FX impact on Operating Expenses ($M)($M)		3	-25	-139	-101	-69	-50	52	26	-10	25	-13
Net FX impact on GAAP Operating Income ($M)($M)		6	55	32	15	16	-9	-17	35	-10	14	19

Funds payable and amounts due to customers ($M)($M)4		40,924	41,743	41,501	40,198	40,668	40,923	41,205	39,671	41,182	41,727	41,353
Funds receivable and customer accounts — total segregated assets ($M)($M)		38,424	39,743	39,501	38,198	38,668	38,923	39,205	37,671	39,182	38,727	38,353
Restricted cash & cash equivalents segregated for customers ($M)($M)		12,929	13,667	15,466	15,969	14,858	12,292	13,532	15,827	14,161	11,654	12,579
CSSF-designated European customer balances funding credit activities ($B)($M)1		2.50	2	2	2	2	2	2	2
Share of available European customer balances (%)(%)		34.0%	26.0%	26.0%	26.0%	26.0%	26.0%	26.0%	26.0%
Cash, cash equivalents & investments held by foreign subsidiaries ($B)($M)1		7.10	6.90	6.70	7.50	7.10	6.80	9.10	8.50	6.90	8.90	9.80
Share of total corporate cash, cash equivalents & investments (%)(%)		53.0%	51.0%	57.0%	58.0%	56.0%	56.0%	64.0%	61.0%	48.0%	54.0%	62.0%
Loans and interest receivable, net — held for investment ($M)($M)5		5,618	6,847	6,705	6,746	6,396	6,938	6,511	6,422	6,003	5,319	5,202
Total allowance for loans & interest receivable ($M)($M)		491	533	560	539	515	524	487	461	461	442	465
HFI loan originations & purchases ($M, cash flow)($M)		4,296	4,161	3,865	4,286	4,414	5,982	5,508	6,433	5,413	5,182	4,779
HFI loan collections & sales proceeds ($M, cash flow)($M)		4,067	3,841	3,754	3,743	4,735	5,733	5,477	5,567	4,945	4,933	4,827
Consumer loans & interest receivable — gross ($M — PayLater & consumer revolving)($M)6		4,213	5,480	5,414	5,479	5,175	5,801	5,423	5,413	5,113	4,584	4,478
Consumer credit loss allowance ($M)($M)		299	348	376	369	352	377	352	348	357	332	334
Consumer gross write-offs ($M)($M)		84	85	71	72	76	76	76	76	70	79	99
Consumer recoveries ($M)($M)		16	15	26	16	13	21	12	13	10	14	11
Consumer 30–59 days past due ($M)($M)1		50	66	67	70	64	85	63	57	83	60	56
Consumer 30–59 days past due (% of Consumer gross)(%)		1.2%	1.2%	1.2%	1.3%	1.2%	1.4%	1.1%	1.1%	1.6%	1.3%	1.2%
Consumer 60–89 days past due ($M)($M)1		35	39	46	47	49	45	53	40	42	41	43
Consumer 60–89 days past due (% of Consumer gross)(%)		0.8%	0.7%	0.9%	0.9%	1.0%	0.8%	1.0%	0.7%	0.8%	0.9%	1.0%
Consumer 90–179 days past due ($M)($M)1		63	80	86	78	78	93	85	89	87	76	86
Consumer 90–179 days past due (% of Consumer gross)(%)		1.5%	1.5%	1.6%	1.4%	1.5%	1.6%	1.6%	1.6%	1.7%	1.7%	1.9%
Commercial loans & interest receivable — gross ($M — PayPal Working Capital & Business Loans)($M)6		1,896	1,900	1,851	1,806	1,736	1,661	1,575	1,470	1,351	1,177	1,189
Commercial credit loss allowance ($M)($M)		192	185	184	170	163	147	135	113	104	110	131
Commercial gross write-offs ($M)($M)		48	44	40	40	38	34	25	29	33	41	53
Commercial recoveries ($M)($M)		4	5	4	4	5	6	6	7	7	6	8
Commercial 30–59 days past due ($M)($M)1		85	82	81	82	74	73	72	69	55	53	53
Commercial 30–59 days past due (% of Commercial gross)(%)		4.5%	4.3%	4.4%	4.5%	4.3%	4.4%	4.6%	4.7%	4.1%	4.5%	4.5%
Commercial 60–89 days past due ($M)($M)1		43	42	43	39	34	35	34	31	25	24	28
Commercial 60–89 days past due (% of Commercial gross)(%)		2.3%	2.2%	2.3%	2.2%	2.0%	2.1%	2.2%	2.1%	1.8%	2.0%	2.4%
Commercial 90–179 days past due ($M)($M)1		65	63	63	55	52	52	45	36	32	39	46
Commercial 90–179 days past due (% of Commercial gross)(%)		3.4%	3.3%	3.4%	3.0%	3.0%	3.1%	2.8%	2.4%	2.4%	3.3%	3.9%
Loans receivable held for sale — BNPL / Pay Later externalized ($M)($M)2		3,687	1,914	1,825	1,726	1,404	817	714	541	471	369	307
BNPL HFS loan originations ($M, cash flow)($M)		12,647	12,473	11,306	12,690	9,682	7,729	6,629	7,325	6,108	5,720	5,345
BNPL HFS loan sales & collections proceeds ($M, cash flow)($M)		12,185	12,300	11,073	12,254	9,048	7,667	6,445	7,193	5,984	5,943	5,232
Allowance for negative customer balances ($M)($M)1		240	221	284	271	334	263	245	256	217	211	205
Reserve for transaction losses ($M)($M)		69	92	26	73	85	89	60	86	89	59	62

Total GAAP operating expenses ($M)($M)5		7,182	7,255	6,865	7,165	6,897	6,784	6,261	6,925	6,456	6,560	6,531
Customer support & operations — GAAP ($M)($M)1		434	462	446	446	447	413	398	451	427	436	454
Stock-based compensation allocated — Customer support & ops ($M)($M)		46	52	49	48	52	53	51	60	50	55	68
Sales & marketing — GAAP ($M)($M)1		508	546	518	691	521	583	488	626	508	446	421
Stock-based compensation allocated — Sales & marketing ($M)($M)		24	32	35	26	32	34	33	35	30	38	40
Technology & development — GAAP ($M)($M)2		831	849	793	804	801	767	731	773	746	718	742
Stock-based compensation allocated — Technology & development ($M)($M)		117	131	126	118	124	136	111	112	111	108	147
Capitalized stock-based compensation in software ($M)($M)		28	31	31	33	33	33	35	32	32	33	12
General & administrative — GAAP ($M)($M)1		520	503	491	502	513	461	503	594	519	570	464
Stock-based compensation allocated — General & administrative ($M)($M)		65	67	74	41	70	83	72	82	81	89	87
Restructuring & other — GAAP ($M)($M)		255	113	74	80	69	116	66	50	63	113	212
Non-GAAP operating income ($M — SBC-aligned basis)($M)6		1,613	1,507	1,541	1,550	1,568	1,644	1,616	1,502	1,477	1,460	1,399
Non-GAAP operating income — YoY growth (%)(%)		3.0%	-8.0%	-5.0%	3.0%	6.0%	13.0%	16.0%	2.0%	18.0%	24.0%	15.0%
Non-GAAP operating margin (%)(%)1		18.8%	17.4%	18.4%	17.9%	18.6%	19.8%	20.7%	18.0%	18.8%	18.5%	18.2%
Non-GAAP operating margin — YoY change (bps)(bps)		16	-248	-229	-9	-19	132	257	-34	194	231	84
Non-GAAP non-transaction operating expenses ($M)($M)5		2,337	2,393	2,269	2,484	2,303	2,200	2,100	2,433	2,177	2,148	2,062
Non-GAAP non-transaction opex — YoY growth (%)(%)		1.0%	9.0%	8.0%	2.0%	6.0%	2.0%	2.0%	10.0%	3.0%	-1.0%	-2.0%
Customer support & operations — Non-GAAP ($M)($M)		434	462	446	446	447	413	398	451	427	436	454
Sales & marketing — Non-GAAP ($M)($M)		485	523	495	666	482	542	448	586	468	406	379
Technology & development — Non-GAAP ($M)($M)		829	846	792	803	800	767	731	772	742	713	735
General & administrative — Non-GAAP ($M)($M)		512	495	473	495	506	454	496	587	512	563	457
Non-GAAP net income ($M)($M)		1,245	1,219	1,234	1,155	1,288	1,370	1,329	1,209	1,228	1,243	1,155
Non-GAAP diluted EPS ($/share)($)1		1.45	1.38	1.34	1.23	1.34	1.40	1.33	1.19	1.20	1.19	1.08
Non-GAAP diluted EPS — YoY growth (%)(%)		8.0%	-1.0%	1.0%	3.0%	12.0%	18.0%	23.0%	5.0%	22.0%	36.0%	27.0%
Non-GAAP effective tax rate (%)(%)		22.0%	17.0%	19.0%	25.0%	18.0%	17.0%	19.0%	21.0%	22.0%	19.0%	22.0%
Adjusted free cash flow ($M — ex-BNPL held-for-sale timing)($M)3		2,047	1,832	1,720	2,095	2,279	656	1,381	2,098	1,540	1,140	1,856
Adjusted FCF — YoY growth (%)(%)		-10.0%	179.0%	25.0%	0.0%	48.0%	-42.0%	-26.0%	171.0%	-19.0%	31.0%
Free cash flow ($M — reported IR basis: OCF − CapEx)($M)1		1,431	1,775	903	2,190	1,718	692	964	2,191	1,445	1,368	1,763
Free cash flow — YoY growth (%)(%)		-17.0%	157.0%	-6.0%	0.0%	19.0%	-49.0%	-45.0%	-11.0%	31.0%	31.0%	86.0%
Net timing impact from BNPL held-for-sale receivables on FCF ($M)($M)		616	57	817	-95	561	-36	417	-93	95	-228
Open-market shares repurchased — monthly & quarterly (millions, Form 10-Q/10-K)(M)1		27.5	33	33.7	23.1	21.3	22.1	19.4	14.8	27.7	23.6	25.4
Remaining share repurchase authorization ($M — monthly & period-end)($M)		9,353	10,853	12,354	13,854	15,355	16,855	18,356	4,856	6,081	7,857	9,358
Guided next-quarter Non-GAAP pre-tax adjustments ($M — through Forward Q4 2026)($M)	70	35	35	35	40	50	50	50	50	120

Common Equity Tier 1 (CET1) / Total regulatory capital ($M, EU KM1)($M)4					2,815	2,818	2,466	2,420	1,480	1,476	1,475	1,473
Total risk exposure amount / RWA ($M, EU KM1)($M)					15,353	15,449	15,169	15,009	5,032	5,023	4,602	4,318
CET1 / Total capital ratio (%, EU KM1)(%)					18.3%	18.2%	16.3%	16.1%	29.4%	29.4%	32.0%	34.1%
Overall SREP & combined buffer capital requirement (%, EU KM1)(%)					14.0%	14.0%	14.0%	14.0%	14.1%	14.1%	14.1%	14.0%
CET1 available above SREP own funds requirement (%, EU KM1)(%)					8.3%	8.2%	6.3%	6.1%	20.5%	20.4%	23.0%	26.1%
Total Basel III leverage exposure measure ($M, EU KM1)($M)1					14,995	14,332	13,991	12,277	12,237	11,397	12,149	12,476
Basel III leverage ratio (%, EU KM1)(%)					18.8%	19.7%	17.6%	19.7%	12.1%	13.0%	12.1%	11.8%
High-quality liquid assets (HQLA — weighted average, $M, EU KM1)($M)3					6,073	5,083	4,301	3,139	4,736	3,488	4,294	4,915
Liquidity coverage ratio (LCR, %, EU KM1)(%)					241.3%	312.1%	354.4%	296.6%	213.3%	342.1%	219.0%	256.6%
Total net cash outflows — adjusted ($M, EU KM1)($M)2					2,517	1,629	1,214	1,058	2,220	1,020	1,961	1,916
Total weighted cash outflows ($M, EU KM1)($M)					5,435	4,929	4,855	4,233	4,706	4,078	5,152	5,290
Total weighted cash inflows ($M, EU KM1)($M)					2,919	3,300	3,663	3,873	2,485	3,126	3,191	3,374
Available stable funding (ASF, $M, EU KM1)($M)1					7,948	7,925	7,567	7,010	5,918	6,123	6,041	5,983
Required stable funding (RSF, $M, EU KM1)($M)					4,070	4,075	4,149	3,960	3,468	3,597	3,615	3,078

Operating lease liabilities — total ($M)($M)3		768	810	652	696	719	701	738	764	799	761	668
Operating lease right-of-use (ROU) assets ($M)($M)		579	619	499	539	566	546	576	599	631	603	505
Undiscounted future operating lease payments due ($M)($M)		934	978	739	792	821	799	844	877	919	865	752
Operating lease cost ($M)($M)		44	45	40	40	41	40	41	42	41	39	37
Finite-lived acquired intangible assets, net ($M)($M)3		154	178	206	208	226	271	296	326	393	403	465
Customer-related intangible assets, net ($M)($M)		119	129	144	148	172	207	232	253	306	309	355
Developed technology intangible assets, net ($M)($M)		16	18	20	7	8	8		0	0	3	7
Amortization of acquired intangible assets ($M)($M)		33	33	32	33	47	48	47	48	51	52	56
Noncurrent contract assets with customers ($M)($M)		287	248	231	238	203	193	190	207
Unrecognized tax benefits ($M)($M)		2,500	2,500	2,500	2,500	2,500	2,400	2,400	2,320	2,300	2,200	2,200

U.S. quarterly retail e-commerce sales — seasonally adjusted ($M, Census ECOMSA)($M)1			340,244	327,861	317,999	310,817	303,284	297,701	300,329	295,249	288,822	283,038
U.S. e-commerce share of total retail sales (%, Census ECOMPCTSA)(%)			17.1%	17.0%	16.7%	16.4%	16.3%	16.0%	16.2%	16.2%	16.1%	15.9%
U.S. revolving consumer credit outstanding ($M, Fed G.19 REVOLSL)3
U.S. commercial bank credit card APR — all accounts (%, Fed G.19)(%)1		21.2%	20.9%	21.0%	21.0%	21.4%	21.2%	21.4%	21.5%	21.8%	21.5%	21.6%
U.S. commercial bank credit card APR — accounts assessed interest (%, Fed G.19)(%)		22.4%	22.2%	21.5%	22.3%	22.8%	22.3%	21.9%	22.8%	23.4%	22.8%	22.6%
U.S. commercial bank credit card delinquency rate (%, Fed DRCCLACBS)(%)			2.9%	2.9%	3.0%	3.0%	3.0%	3.1%	3.1%	3.2%	3.2%	3.2%
U.S. commercial bank credit card net charge-off rate (%, Fed CORCCACBS)(%)			3.8%	3.8%	4.1%	4.2%	4.2%	4.4%	4.6%	4.7%	4.6%	4.4%

Total net revenues ($M)($M)4		8,584	8,682	8,353	8,676	8,417	8,288	7,791	8,366	7,847	7,885	7,699
Transaction revenues ($M)($M)		7,711	7,832	7,501	7,819	7,522	7,441	7,016	7,588	7,067	7,153	7,034
Revenues from other value added services ($M)($M)		873	850	852	857	895	847	775	778	780	732	665
United States net revenues ($M)($M)		5,002	5,048	4,882	4,943	4,753	4,709	4,463	4,732	4,518	4,550	4,467
International net revenues ($M)($M)		3,582	3,634	3,471	3,733	3,664	3,579	3,328	3,634	3,329	3,335	3,232
GAAP operating income ($M)($M)6		1,402	1,427	1,488	1,511	1,520	1,504	1,530	1,441	1,391	1,325	1,168
GAAP net income ($M)($M)		1,073	1,104	1,113	1,437	1,248	1,261	1,287	1,121	1,010	1,128	888
GAAP diluted EPS ($/share)($)		1.25	1.25	1.21		1.30	1.29	1.29		0.99	1.08	0.83
GAAP basic EPS ($/share)($)		1.26	1.26	1.22		1.31	1.30	1.31		1	1.08	0.83
Weighted-average diluted shares (millions)(M)		858	882	920		960	977	999		1,024	1,047	1,072
Weighted-average basic shares (millions)(M)		849	877	913		950	969	986		1,015	1,042	1,064
Cash dividends declared per share ($/share)($)		0.14	0.14	0.14	0.14
Operating cash flow ($M)($M)5		1,592	1,983	1,134	2,384	1,974	898	1,160	2,394	1,614	1,525	1,917
Capital expenditures — PP&E ($M)($M)		161	208	231	194	256	206	196	203	169	157	154
Stock-based compensation ($M)($M)		233	301	259	210	278	306	249	283	300	312	365
Depreciation & amortization ($M)($M)		251	246	238	234	245	239	245	249	255	263	265
Common stock repurchases — cash flow ($M)($M)		1,501	1,552	1,500	1,501	1,500	1,551	1,500	1,269	1,776	1,501	1,501
Cash dividends paid ($M)($M)		118	122	130	130	0	0	0
Cash & cash equivalents ($M)($M)8		7,160	8,306	6,977	8,049	8,995	6,688	7,569	22,490	7,372	7,801	9,693
Short-term investments ($M)($M)		3,120	2,950	2,365	2,373	1,760	3,320	3,762	4,262	4,647	5,915	4,625
Property & equipment, net ($M)($M)		1,705	1,731	1,708	1,700	1,656	1,625	1,537	1,508	1,496	1,459	1,426
Goodwill ($M)($M)		10,968	10,929	10,946	10,864	10,941	10,976	10,910	10,837	10,996	10,816	10,916
Long-term debt ($M)($M)		10,939	10,895	9,409	9,987	11,276	11,296	11,417	9,879	9,976	9,727	9,683
Total stockholders' equity ($M)($M)		19,483	19,820	20,024	20,256	20,198	20,201	20,254	20,417	20,174	20,622	20,702
Retained earnings ($M)($M)		35,384	34,432	33,453	32,470	31,163	29,915	28,654	27,347	26,226	25,216	24,088
Treasury stock ($M)($M)		37,680	36,165	34,651	33,138	31,624	30,111	28,597	27,085	25,851	24,064	22,552
Common shares outstanding — period-end (millions)(M)		837	862	892	920	941	960	979	993	1,006	1,032	1,053

4 metrics have no data in the last 12 quarters — .

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics

Latest completed financial quarter: Q3 2026 (ended September 30, 2026; Form 10-Q and Q3'26 Earnings Release/Presentation filed October 27, 2026 — one quarter ahead of the Postgres financial database which ends at Q2 2026). Latest completed fiscal year: FY2025 (ended December 31, 2025; Form 10-K filed February 3, 2026).
Ahead-of-quarter & forward data: DeFiLlama on-chain PYUSD circulating supply across 6 blockchains ($2,830.65M) and Federal Reserve H.8 bank credit card loans run through October 2026 (ahead of Q3 2026); Forward Q4 2026 Non-GAAP pre-tax adjustments ($250M) and Full-Year 2026 point guidance (TM$ ~$15.7B, TM$ ex-interest ~$14.6B, GAAP EPS ~$5.07, Non-GAAP EPS ~$5.60, Buybacks $6.0B, CapEx ~$1.0B) come from the October 27, 2026 Q3'26 release/deck.
Regulated banking & e-money subsidiaries: (1) PayPal 2 S.à r.l. / PayPal (Europe) S.à r.l. et Cie, S.C.A. (CSSF-licensed Luxembourg banking group, Template EU KM1 & EU OV1 in USD millions across all 8 quarters Q1'24–Q4'25); (2) PayPal UK Ltd (UK Companies House #14741686, audited UK GAAP financial statements in £ millions & headcount across FY2023–FY2025, including £1,607.50M safeguarded customer cash and £50.54M off-balance sheet customer crypto). Under U.S. GAAP, PayPal Holdings, Inc. omits parent-only Schedule I financial statements in Form 10-K, so no consolidated − parent subtraction is performed.
Every narrative and earnings-call figure (such as Pay Later / BNPL TPV YoY % and Pay with Venmo TPV YoY %) carries an exact verbatim quote verified via `lib/quotes.py` (`allow_bound=False`). Bound figures ('>$40B BNPL TPV', '>20% BNPL MAA growth', '>60% debit TPV growth') are excluded from numeric cells and documented in `Plan.md`.
Only the 2 permitted period-split derivations (`Q4 = full year (10-K) − nine months (10-Q)` and `quarter = year-to-date − previous year-to-date (cash flow statement)`) are displayed in italic with the formula.

Not shown because recent periods are missing (13)

Core Payment Volume (TPV), Platform Mix & Take Rates (Core Key) › Total Payment Volume (TPV, $M) › Venmo TPV ($M) › Venmo annual net revenue ex-interest ($B — earnings call)
Core Payment Volume (TPV), Platform Mix & Take Rates (Core Key) › Total Payment Volume (TPV, $M) › Venmo TPV ($M) › Venmo Debit Card monthly active accounts (millions — earnings call)
Transaction Margin ($ & %), Volume-Based Expenses (TE / TL / CL) & FX Hedging › Total volume-based expenses (TE + TL + CL, $M) › Transaction losses (TL, $M) › Protection programs — loss provision ($M, Form 10-Q/10-K)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Global energy consumption (thousand MWh — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Data center energy consumption (thousand MWh — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Office energy consumption (thousand MWh — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Clean energy share of total energy consumption (% — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Data center renewable / clean energy match (% — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Scope 1 GHG emissions (ktCO2e — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Scope 2 GHG emissions — market-based (ktCO2e — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Scope 2 GHG emissions — location-based (ktCO2e — ESG)
Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG) › Scope 3 GHG emissions (ktCO2e — ESG)
Financial & Segment Context (from the financial database, bridged through Q3 2026) › Cash & cash equivalents ($M) › Current debt ($M)

Data updated 2026-10-31.

Every KPI on its own page

Full history, chart, sources and a citation for each metric

PayPal Holdings, Inc. (PYPL) operating KPIs

KPIs

Every KPI on its own page

Core Payment Volume (TPV), Platform Mix & Take Rates (Core Key)

Active Accounts, Monthly Active Accounts (MAA), Payment Transactions & Engagement (TPA)

Transaction Margin ($ & %), Volume-Based Expenses (TE / TL / CL) & FX Hedging

Customer Balances, BNPL Held-for-Sale & Loan Portfolio Credit Quality (Consumer vs. Commercial)

Operating Expense Structure, Non-GAAP Results, Adjusted FCF, Monthly Share Repurchases & Guidance

PayPal USD (PYUSD) Stablecoin Supply by Blockchain & Attested Reserves (Monthly, through Oct 2026)

PayPal (Europe) S.à r.l. et Cie / PayPal 2 S.à r.l. (Luxembourg Bank Subsidiary — CSSF Pillar III)

PayPal UK Ltd (U.K. E-Money, Payments & Crypto Subsidiary — UK Companies House #14741686)

Global Workforce, Diversity, Operating Leases & Acquired Intangibles (Form 10-K / 10-Q & ESG)

External U.S. E-Commerce, Retail Spending & Consumer Credit Benchmarks (Fed, Census, BEA — through Oct 2026)

Financial & Segment Context (from the financial database, bridged through Q3 2026)