PAYPAL HOLDINGS, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 9,987 | 33.0 |
| Stockholders' equity | 20,256 | 67.0 |
| Total capitalization | 30,243 | 100.0 |
882,105,493 shares outstanding at 29 April 2026 (cover page of the 10-Q filed 5 May 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, noncurrent | 9,987 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 4,000,000,000 |
| Treasury shares | 423,000,000 |
| Par or stated value per share ($) | 0.0001 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 4/29/26 | 882,105,493 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 0.14 | 2.6 |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: State of incorporation not stated in SEC records.
BUSINESS: Classified by the SEC under Standard Industrial Classification 7389, Services-Business Services, NEC. Large accelerated filer. Principal executive office: 2211 North First Street, San Jose, CA 95131. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 33,172 | 31,797 | 29,771 |
| Depreciation and amortization | 963 | 1,032 | 1,072 |
| Operating income | 6,065 | 5,325 | 5,028 |
| Interest expense | 441 | 382 | 347 |
| Income before income taxes | 1,453 | 946 | 993 |
| Income taxes | 1,059 | 1,182 | 1,165 |
| Net income | 5,233 | 4,147 | 4,246 |
| Earned per share, diluted ($) | 5.41 | 3.99 | 3.84 |
| Dividends per share ($) | 0.14 | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 8,049 | 6,662 |
| Receivables, net | 840 | 984 |
| Total current assets | 59,759 | 58,206 |
| Property, plant and equipment, net | 1,700 | 1,508 |
| Goodwill | 10,864 | 10,837 |
| Total assets | 80,173 | 78,725 |
| Total current liabilities | 46,443 | 45,490 |
| Long-term debt | 9,987 | 9,879 |
| Total liabilities | 59,917 | 58,308 |
| Stockholders' equity | 20,256 | 20,417 |
| Total liabilities and equity | 80,173 | 78,725 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 33,172 | 6,065 | 5,233 | 15.8 | 5.41 | 0.14 | 6,416 | 852 | 5,564 | 80,173 | 59,917 | 9,987 | 20,256 | 25.8 | 0.49 |
| 12/31/24 | 31,797 | 5,325 | 4,147 | 13.0 | 3.99 | – | 7,450 | 683 | 6,767 | 78,725 | 58,308 | 9,879 | 20,417 | 20.3 | 0.48 |
| 12/31/23 | 29,771 | 5,028 | 4,246 | 14.3 | 3.84 | – | 4,843 | 623 | 4,220 | 82,166 | 61,115 | 9,676 | 21,051 | 20.2 | 0.46 |
| 12/31/22 | 27,518 | 3,837 | 2,419 | 8.8 | 2.09 | – | 5,813 | 706 | 5,107 | 78,624 | 58,350 | 10,417 | 20,274 | 11.9 | 0.51 |
| 12/31/21 | 25,371 | 4,262 | 4,169 | 16.4 | 3.52 | – | 5,797 | 908 | 4,889 | 75,803 | 54,076 | 9,000 | 21,727 | 19.2 | 0.41 |
| 12/31/20 | 21,454 | 3,289 | 4,202 | 19.6 | 3.54 | – | 6,219 | 866 | 5,353 | 70,379 | 50,316 | 8,939 | 20,019 | 21.0 | 0.45 |
| 12/31/19 | 17,772 | 2,719 | 2,459 | 13.8 | 2.07 | – | 4,071 | 704 | 3,367 | 51,333 | 34,404 | 5,000 | 16,885 | 14.6 | 0.30 |
| 12/31/18 | 15,451 | 2,194 | 2,057 | 13.3 | 1.71 | – | 5,480 | 823 | 4,657 | 43,332 | 27,946 | 1,998 | 15,386 | 13.4 | 0.13 |
| 12/31/17 | 13,094 | 2,127 | 1,795 | 13.7 | 1.47 | – | 2,531 | 667 | 1,864 | 40,774 | 24,780 | – | 15,994 | 11.2 | – |
| 12/31/16 | 10,842 | 1,586 | 1,401 | 12.9 | 1.15 | – | 3,158 | 669 | 2,489 | 33,103 | 18,391 | – | 14,712 | 9.5 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
PayPal Holdings, Inc.
CIK 1633917 · EIN 47-2989869
PRINCIPAL OFFICE:
2211 North First Street, San Jose, CA 95131
Tel.: (408) 967-1000
INCORPORATED:
–
INDUSTRY (SEC SIC CODE):
7389 · Services-Business Services, NEC
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 3 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/3/26) · 10-K FY2024 (filed 2/4/25) · 10-K FY2023 (filed 2/8/24) · 10-K FY2022 (filed 2/10/23) · 10-K FY2021 (filed 2/3/22) · 10-K FY2020 (filed 2/5/21) · 10-K FY2019 (filed 2/6/20) · 10-K FY2018 (filed 2/7/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.