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

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

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

PayPal Holdings has reported Capital Expenditures for 13 years, with the latest figure at $231.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 15.5% year-over-year to $231.0 million; the trailing twelve-month figure through Mar 2026 stood at $232.0 million (down 68.18% YoY), and the FY2025 full-year result was $201.0 million, down 70.57% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $231.0 million, up from -$457.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $457.0 million in Q3 2025, with the low at -$548.0 million in Q4 2022.
  • Historically, Capital Expenditures has averaged $65.6 million across 5 years, with a median of $158.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Capital Expenditures tumbled 357.28% — and 2025, when it soared 208.78%.
  • PayPal Holdings' Capital Expenditures stood at -$548.0 million in 2022, then advanced by 12.77% to -$478.0 million in 2023, then soared by 180.33% to $384.0 million in 2024, then slumped by 219.01% to -$457.0 million in 2025, then jumped by 150.55% to $231.0 million in 2026.
  • The last three Capital Expenditures figures came in at $231.0 million (Q1 2026), -$457.0 million (Q4 2025), and $457.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 383.00 Mn
2 Mastercard 437.48 Bn 427.27 Bn - 181.00 Mn
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 1.15 Bn
4 Capital One Financial 125.74 Bn 49.24 Bn - 553.00 Mn
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 231.00 Mn
6 Synchrony Financial 25.78 Bn 5.22 Bn - -
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn -22.29 Bn
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 67.55 Mn
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn -
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 Mn 400,000.00

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