PayPal Holdings (PYPL) Cost of Revenue (2014 - 2026)

PayPal Holdings (PYPL) has reported Cost of Revenue for 13 consecutive years, with $518.0 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $518.0 million, up 6.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 11.85% YoY), and the FY2025 annual result was $2.3 billion, up 14.09% from the prior year.
• Cost of Revenue was $518.0 million for Q1 2026 at PayPal Holdings, down from $691.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $691.0 million in Q4 2025 and troughed at $421.0 million in Q1 2024.
• Average Cost of Revenue over 5 years is $521.6 million, with a median of $518.0 million recorded in 2026.
• Year-over-year, Cost of Revenue fell 26.6% in 2023 and jumped 34.33% in 2024.
• Over 5 years, Cost of Revenue stood at $524.0 million in 2022, then decreased by 11.07% to $466.0 million in 2023, then surged by 34.33% to $626.0 million in 2024, then advanced by 10.38% to $691.0 million in 2025, then fell by 25.04% to $518.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $518.0 million in Q1 2026, $691.0 million in Q4 2025, and $521.0 million in Q3 2025.