PayPal Holdings PYPL
NASDAQ PYPL
$52.41 -0.53 (-1.00%)
At close: Sep 18, 2026 · 4:00 PM EDT

PayPal Holdings (PYPL) Cost of Revenue (2017 - 2021)

PayPal Holdings' (PYPL) quarterly Cost of Revenue came in at $58.0 million in Q1 2021, up 100.0% on a YoY basis from $29.0 million in Q1 2020, and up 31.82% quarter-over-quarter from $44.0 million in Q4 2020.

Analysis

PayPal Holdings (PYPL) Cost of Revenue (2017 - 2021) Analysis & Trends

PayPal Holdings (PYPL) has reported Cost of Revenue for 5 consecutive years, with $58.0 million the latest figure, recorded in Q1 2021.

  • For the quarter ending Q1 2021, Cost of Revenue rose 100.0% year-over-year to $58.0 million; the trailing twelve-month figure through Mar 2021 stood at $168.0 million (up 441.94% YoY), and the FY2020 full-year result was $139.0 million, up 95.77% from the prior year.
  • Cost of Revenue grew to $58.0 million in Q1 2021 per PYPL's latest filing, from $44.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $153.0 million in Q1 2018 and bottomed at $2.0 million in Q2 2019.
  • Historically, Cost of Revenue has averaged $54.8 million across 5 years, with a median of $44.0 million in 2020.
  • The sharpest annual moves came in 2019 and 2020: Cost of Revenue tumbled 98.28% in 2019, then soared 2250.0% in 2020.
  • Over 5 years, Cost of Revenue stood at $92.0 million in 2017, then sank by 86.96% to $12.0 million in 2018, then slumped by 83.33% to $2.0 million in 2019, then surged by 2100.0% to $44.0 million in 2020, then surged by 31.82% to $58.0 million in 2021.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $58.0 million, $44.0 million, and $19.0 million for Q1 2021, Q4 2020, and Q3 2020 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Block 45.83 Bn 39.37 Bn 3.17 Bn 3.45 Bn
2 PayPal Holdings 45.18 Bn 33.92 Bn - -
3 Corpay 26.12 Bn 19.43 Bn 1.19 Bn 150.61 Mn
4 Fiserv 25.09 Bn 24.49 Bn 3.59 Bn 1.71 Bn
5 Global Payments 22.62 Bn 17.85 Bn 2.03 Bn 1.29 Bn
6 Wex 6.64 Bn 539.91 Mn 463.80 Mn 289.70 Mn
7 Shift4 Payments 6.06 Bn 5.82 Bn 446.00 Mn 849.00 Mn
8 Aci Worldwide 5.09 Bn 4.92 Bn 181.57 Mn 248.85 Mn
9 Paymentus Holdings 4.41 Bn 4.04 Bn 94.31 Mn 266.43 Mn
10 dLocal 4.19 Bn 3.32 Bn 127.15 Mn 272.51 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2021 58.00 Mn
Dec 31, 2020 44.00 Mn
Sep 30, 2020 19.00 Mn
Jun 30, 2020 47.00 Mn
Mar 31, 2020 29.00 Mn
Jun 30, 2019 2.00 Mn
Mar 31, 2019 73.00 Mn
Dec 31, 2018 12.00 Mn
Sep 30, 2018 28.00 Mn
Jun 30, 2018 116.00 Mn
Mar 31, 2018 153.00 Mn
Dec 31, 2017 92.00 Mn
Mar 31, 2017 40.00 Mn