PayPay (PAYP) Operating Expenses (2025 - 2026)
PayPay (PAYP) posted quarterly Operating Expenses of -$501.4 million for Q2 2026, down 3.37% year-over-year from -$518.9 million in Q2 2025, and up 5.38% quarter-over-quarter from -$530.0 million in Q1 2026.
PayPay (PAYP) Operating Expenses (2025 - 2026) Analysis & Trends
PayPay (PAYP) has reported Operating Expenses for 2 consecutive years, with -$501.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 3.37% year-over-year to -$501.4 million; the TTM figure through Jun 2026 stood at -$2.0 billion (changed N/A YoY), while the FY2026 annual figure was -$2.0 billion, down 15.4% from the prior year.
- Operating Expenses improved to -$501.4 million in Q2 2026 per PAYP's latest filing, from -$530.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$467.4 million in Q1 2025 and bottomed at -$530.0 million in Q1 2026.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | PayPay | 9.22 Bn | 9.45 Bn | - | -501.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -501.43 Mn |
| Mar 31, 2026 | -529.96 Mn |
| Jun 30, 2025 | -485.09 Mn |
| Mar 31, 2025 | -467.38 Mn |