PayPal income statement

In fiscal 2025, PayPal reported revenue of $33.17bn, up 4.3% on the year before, operating income of $6.07bn (a 18.3% margin) and net income of $5.23bn, or $5.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

PayPal: income statement, annual
Fiscal year	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	6.7	8.0	9.2	10.8	13.1	15.5	17.8	21.5	25.4	27.5	29.8	31.8	33.2	34.3
Research and development	0.7	0.7	0.8	0.8	1.0	1.1	—	—	—	—	—	—	—	—
Selling and marketing	0.8	1.0	0.9	1.0	1.1	1.3	1.4	1.9	2.4	2.3	1.8	2.0	2.3	2.3
General and administrative	0.4	0.7	0.9	1.0	1.3	1.5	1.7	2.1	2.1	2.1	2.1	2.1	2.0	2.0
Operating income	1.1	1.3	1.5	1.6	2.1	2.2	2.7	3.3	4.3	3.8	5.0	5.3	6.1	5.8
Interest expense	—	—	—	0.0	0.0	0.1	0.1	0.2	0.2	0.3	0.3	0.4	0.4	0.5
Provision for credit losses	0.5	0.6	0.8	1.1	1.0	1.3	—	—	—	—	—	—	—	—
Income before tax	1.1	1.3	1.5	1.6	2.2	2.4	3.0	5.1	4.1	3.4	—	—	—	—
Income tax	0.1	0.8	0.3	0.2	0.4	0.3	0.5	0.9	−0.1	0.9	1.2	1.2	1.1	1.0
Net income	1.0	0.4	1.2	1.4	1.8	2.1	2.5	4.2	4.2	2.4	4.2	4.1	5.2	4.7
Diluted EPS	$0.78	$0.34	$1.00	$1.15	$1.47	$1.71	$2.07	$3.54	$3.52	$2.09	$3.84	$3.99	$5.41	$5.26
Diluted shares (average)	1,224m	1,224m	1,229m	1,218m	1,221m	1,203m	1,188m	1,187m	1,186m	1,158m	1,107m	1,039m	968m	899m
EBITDA	1.5	1.8	2.1	2.3	2.9	3.0	3.6	4.5	5.5	5.2	6.1	6.4	7.0	6.8

US$ millions unless shown otherwise. Fiscal quarters.

PayPal: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	8,366	7,791	8,288	8,417	8,676	8,353	8,682	8,584
Selling and marketing	626	488	583	521	691	518	546	508
General and administrative	594	503	461	513	502	491	503	520
Operating income	1,441	1,530	1,504	1,520	1,511	1,488	1,427	1,402
Interest expense	97	103	114	113	111	111	126	138
Income tax	289	316	268	285	190	280	206	301
Net income	1,121	1,287	1,261	1,248	1,437	1,113	1,104	1,073
Diluted EPS	$1.10	$1.29	$1.29	$1.30	$1.53	$1.21	$1.25	$1.25
EBITDA	1,690	1,775	1,743	1,765	1,745	1,726	1,673	1,653

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from PayPal's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to PayPal.