Digital payments platform enabling online money transfers and serving as electronic alternative to traditional payment methods.
Profile & Fundamentals
PayPal: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
PayPal Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. The company operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit and debit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.
Company profile record
PayPal Holdings Inc
Common Stock · Financials · Transaction & Payment Processing Services
Company
- Company / asset
- PayPal Holdings Inc
- Security type
- Common Stock
- Sector
- Financials
- Industry
- Transaction & Payment Processing Services
- HQ
- 🇺🇸 United States
- Head office
- 2211 North First Street, San Jose, CA, United States, 95131
Leadership & scale
- Chief executive
- Mr. Enrique J. Lores
- CEO year born
- 1966
- Full-time employees
- 23.8K
- Fiscal year end
- December
- IPO date
- 2002-02-01
Fundamentals snapshot
- Market Cap
- USD 49.2B
- P/E
- 10.0x
- Revenue (Q2 26)
- USD 8.7B
- Profit (Q2 26)
- USD 1.1B
- Dividend Yield
- 0.7%
- Revenue (FY 25)
- USD 33.2B
- Shares in public float
- 853.5M
- Insider ownership
- 0.71%
Reporting & identifiers
- Symbol
- PYPL.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US70450Y1038
- Asset ID
- equity_da8712ca-addc-5ecc-b8fd-9c54f75c71f6
Ownership
Shares Outstanding
Latest: 901.0M | Max: 1.2B | Min: 901.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
94.73%
853.5M latest reported shares
Insider Ownership
0.71%
Latest reported insider stake
Short Float
0.04%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 1,228,000,000 |
| 2018-01-01 | 1,196,000,000 |
| 2019-01-01 | 1,187,000,000 |
| 2020-01-01 | 1,172,000,000 |
| 2021-01-01 | 1,187,000,000 |
| 2022-01-01 | 1,158,000,000 |
| 2023-01-01 | 1,084,000,000 |
| 2024-01-01 | 1,014,000,000 |
| 2025-01-01 | 939,000,000 |
| 2026-01-01 | 901,000,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 73,680,955 | 8.61% | 2026-03-31 |
| Vanguard Capital Management, LLC | 55,996,368 | 6.55% | 2026-03-31 |
| State Street Corp | 41,983,584 | 4.91% | 2026-03-31 |
| Amvescap Plc. | 32,111,703 | 3.75% | 2026-03-31 |
| Geode Capital Management, LLC | 26,148,714 | 3.06% | 2026-03-31 |
| Bank of America Corp | 25,614,720 | 2.99% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 25,316,688 | 2.96% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 25,210,730 | 2.95% | 2026-08-31 |
| Comprehensive Financial Management LLC | 23,950,118 | 2.8% | 2026-06-30 |
| Vanguard 500 Index Investor | 21,111,752 | 2.47% | 2026-08-31 |
| Invesco QQQ Trust | 18,976,073 | 2.22% | 2026-08-31 |
| Amundi | 13,804,208 | 1.61% | 2026-03-31 |
| The Goldman Sachs Group Inc | 12,102,028 | 1.41% | 2026-03-31 |
| iShares Core S&P 500 ETF | 11,746,680 | 1.37% | 2026-08-31 |
| Vanguard MStar Mid Cap Index Instl | 11,627,605 | 1.36% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
PayPal generated $34.1 billion in trailing twelve-month revenue, but underneath steady mid-single-digit sales growth lies a tale of two businesses. Total payment volume climbed ten percent in the second quarter of 2026, yet net income fell twelve percent to $1.10 billion as unbranded processing diluted transaction profit and management absorbed upfront restructuring costs. Despite headline profit swings, cash generation remains remarkably healthy. Trailing free cash flow reached $6.59 billion, proving that the payments network converts volume into cash with minimal friction. As management's $1.5 billion cost-cutting plan takes hold, operating earnings should steady, translating modest volume gains into dependable per-share profit growth.
PayPal generated $34.1 billion in trailing twelve-month revenue, but underneath steady mid-single-digit sales growth lies a tale of two businesses. Total payment volume climbed ten percent in the second quarter of 2026, yet net income fell twelve percent to $1.10 billion as unbranded processing diluted transaction profit and management absorbed upfront restructuring costs. Despite headline profit swings, cash generation remains remarkably healthy. Trailing free cash flow reached $6.59 billion, proving that the payments network converts volume into cash with minimal friction. As management's $1.5 billion cost-cutting plan takes hold, operating earnings should steady, translating modest volume gains into dependable per-share profit growth.
Revenue, Net Income, and Free Cash Flow
Latest: USD 33.2B | Max: USD 33.2B | Min: USD 1.4B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 10x
Profitability & Margins
Margins and Operating Efficiency
AI Review
PayPal's gross profit margin has declined from sixty-five percent a decade ago to 46.6% in 2025. This long slide does not mean business failure; rather, it reflects a shift in product mix. High-volume enterprise processing through Braintree has expanded much faster than the higher-margin traditional branded button, diluting average gross margins across total volume. Fortunately, operating efficiency has moved in the opposite direction. Operating margin expanded to 18.28% in 2025 as corporate overhead cuts and automation took hold. By stabilizing merchant pricing contracts and cutting administrative bloat, management has decoupled bottom-line operating earnings from gross take-rate erosion, establishing a firm floor for ongoing profitability.
PayPal's gross profit margin has declined from sixty-five percent a decade ago to 46.6% in 2025. This long slide does not mean business failure; rather, it reflects a shift in product mix. High-volume enterprise processing through Braintree has expanded much faster than the higher-margin traditional branded button, diluting average gross margins across total volume. Fortunately, operating efficiency has moved in the opposite direction. Operating margin expanded to 18.28% in 2025 as corporate overhead cuts and automation took hold. By stabilizing merchant pricing contracts and cutting administrative bloat, management has decoupled bottom-line operating earnings from gross take-rate erosion, establishing a firm floor for ongoing profitability.
Profitability Margins
Latest: 46.6% | Max: 59.1% | Min: 8.8%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
46.6%
Gross profit / revenue
Operating Margin
18.3%
Operating income / revenue
Net Margin
15.8%
Net income / revenue
FCF Margin
16.8%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 10,842,000,000 | 1,401,000,000 | 2,489,000,000 |
| 2017-12-31 | 13,094,000,000 | 1,795,000,000 | 1,864,000,000 |
| 2018-12-31 | 15,451,000,000 | 2,057,000,000 | 4,660,000,000 |
| 2019-12-31 | 17,772,000,000 | 2,459,000,000 | 3,857,000,000 |
| 2020-12-31 | 21,454,000,000 | 4,202,000,000 | 5,353,000,000 |
| 2021-12-31 | 25,371,000,000 | 4,169,000,000 | 4,889,000,000 |
| 2022-12-31 | 27,518,000,000 | 2,419,000,000 | 5,107,000,000 |
| 2023-12-31 | 29,771,000,000 | 4,246,000,000 | 4,220,000,000 |
| 2024-12-31 | 31,797,000,000 | 4,147,000,000 | 6,767,000,000 |
| 2025-12-31 | 33,172,000,000 | 5,233,000,000 | 5,564,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 10.48 | Trailing four quarters |
| 2024-12-31 | 20.87 | Trailing four quarters |
| 2023-12-31 | 15.68 | Trailing four quarters |
| 2022-12-31 | 34.09 | Annual net income |
| 2021-12-31 | 53.69 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 59.1 | 14.63 | 12.92 | 22.96 |
| 2017-12-31 | 58.53 | 16.24 | 13.71 | 14.24 |
| 2018-12-31 | 55.63 | 14.2 | 13.31 | 30.16 |
| 2019-12-31 | 54.03 | 15.3 | 13.84 | 21.7 |
| 2020-12-31 | 54.9 | 15.33 | 19.59 | 24.95 |
| 2021-12-31 | 55.17 | 16.8 | 16.43 | 19.27 |
| 2022-12-31 | 50.05 | 13.94 | 8.79 | 18.56 |
| 2023-12-31 | 46.03 | 16.89 | 14.26 | 14.17 |
| 2024-12-31 | 46.1 | 16.75 | 13.04 | 21.28 |
| 2025-12-31 | 46.62 | 18.28 | 15.78 | 16.77 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.