PayPal Holdings (PYPL) Capital Expenditures (2014 - 2026)

PayPal Holdings (PYPL) posted Capital Expenditures of $231.0 million for Q1 2026, up 150.55% quarter-over-quarter from -$457.0 million in Q4 2025, and up 15.5% year-on-year from $200.0 million in Q1 2025.

PayPal Holdings (PYPL) Capital Expenditures (2014 - 2026) Analysis & Trends

PayPal Holdings (PYPL) has reported Capital Expenditures for 13 consecutive years, with $231.0 million the latest figure, recorded in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $231.0 million, up 15.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $232.0 million (down 68.18% YoY), and the FY2025 annual result was $201.0 million, down 70.57% from the prior year.
  • Capital Expenditures was $231.0 million for Q1 2026 at PayPal Holdings, up from -$457.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $457.0 million in Q3 2025 and troughed at -$548.0 million in Q4 2022.
  • Average Capital Expenditures over 5 years is $65.6 million, with a median of $158.0 million recorded in 2023.
  • Year-over-year, Capital Expenditures sank 357.28% in 2022 and surged 208.78% in 2025.
  • Over 5 years, Capital Expenditures stood at -$548.0 million in 2022, then increased by 12.77% to -$478.0 million in 2023, then soared by 180.33% to $384.0 million in 2024, then sank by 219.01% to -$457.0 million in 2025, then jumped by 150.55% to $231.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $231.0 million in Q1 2026, -$457.0 million in Q4 2025, and $457.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 383.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 181.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.15 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 231.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -22.29 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 67.55 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 400,000.00
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - 351,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 231.00 Mn
Mar 31, 2026 231.00 Mn
Dec 31, 2025 -457.00 Mn
Dec 31, 2025 -457.00 Mn
Sep 30, 2025 457.00 Mn
Sep 30, 2025 457.00 Mn
Jun 30, 2025 1.00 Mn
Jun 30, 2025 1.00 Mn
Mar 31, 2025 200.00 Mn
Mar 31, 2025 200.00 Mn
Dec 31, 2024 384.00 Mn
Dec 31, 2024 384.00 Mn
Sep 30, 2024 148.00 Mn
Sep 30, 2024 148.00 Mn
Jun 30, 2024 -3.00 Mn
Jun 30, 2024 -3.00 Mn
Mar 31, 2024 154.00 Mn
Mar 31, 2024 154.00 Mn
Dec 31, 2023 -478.00 Mn
Dec 31, 2023 -478.00 Mn