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.
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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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 2.21 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 1.13 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 953.90 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 705.21 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 1.44 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 2.72 Bn |
| 10 | PayPay | 10.87 Bn | 10.87 Bn | 287.77 Mn | -501.43 Mn |
Historic Data
Download Data
Historic 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 |