PayPal Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $33.2B | $31.8B | $29.8B | $27.5B | $25.4B |
| Operating expenses | $27.1B | $26.5B | $24.7B | $23.7B | $21.1B |
| Operating income | $6.1B | $5.3B | $5.0B | $3.8B | $4.3B |
| Interest expense | $441.0M | $382.0M | $347.0M | $304.0M | $232.0M |
| Pretax income | — | — | — | $3.4B | $4.1B |
| Income tax expense | $1.1B | $1.2B | $1.2B | $947.0M | -$70.0M |
| Net income | $5.2B | $4.1B | $4.2B | $2.4B | $4.2B |
| Balance Sheet | |||||
| Cash and equivalents | $8.0B | $6.7B | $9.1B | $7.8B | $5.2B |
| Current assets | $59.8B | $58.2B | $62.6B | $57.4B | $52.6B |
| Total assets | $80.2B | $78.7B | $82.2B | $78.6B | $75.8B |
| Current liabilities | $46.4B | $45.5B | $48.5B | $45.0B | $43.0B |
| Total liabilities | $59.9B | $58.3B | $61.1B | $58.4B | $54.1B |
| Total debt | $11.5B | $10.6B | $10.6B | $10.4B | $9.0B |
| Stockholders' equity | $20.3B | $20.4B | $21.1B | $20.3B | $21.7B |
| Cash Flow Statement | |||||
| Cash from operations | $6.4B | $7.5B | $4.8B | $5.8B | $5.8B |
| Depreciation and amortization | $963.0M | $1.0B | $1.1B | $1.3B | $1.3B |
| Stock-based compensation | $1.0B | $1.2B | $1.5B | $1.3B | $1.4B |
| Capital expenditure | $852.0M | $683.0M | $623.0M | $706.0M | $908.0M |
| Free cash flow | $5.6B | $6.8B | $4.2B | $5.1B | $4.9B |
| Dividends paid | $130.0M | $0 | $0 | — | — |
| Share repurchases | $6.1B | $6.0B | $5.0B | $4.2B | $3.4B |
| Impairments | $0 | $0 | $61.0M | $81.0M | $26.0M |
Shares outstanding 882.1M · Free float 99.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.