PayPal Holdings (PYPL) EBITDA Margin (2014 - 2026)

PayPal Holdings (PYPL) reported EBITDA Margin of 17.81% for Q1 2026, down 182.0% on a YoY basis from 21.72% in Q1 2025, and up 2.29% quarter-over-quarter from 17.42% in Q4 2025.

PayPal Holdings (PYPL) EBITDA Margin (2014 - 2026) Analysis & Trends

PayPal Holdings has reported EBITDA Margin for 13 years, with the latest figure at 17.81% in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA Margin fell 182.0% year-over-year to 17.81%; the trailing twelve-month figure through Mar 2026 stood at 17.85% (up 2.0% YoY), and the FY2025 full-year result was 18.28%, up 154.0% from the prior year.
  • EBITDA Margin for Q1 2026 stood at 17.81%, up from 17.42% in the prior quarter.
  • The five-year high for EBITDA Margin was 21.53% in Q4 2023, with the low at 10.97% in Q1 2022.
  • Historically, EBITDA Margin has averaged 16.49% across 5 years, with a median of 16.85% in 2022.
  • Annual changes were most pronounced in 2022 — EBITDA Margin tumbled 684 bps — and 2023, when it surged 468 bps.
  • PayPal Holdings' EBITDA Margin stood at 16.85% in 2022, then increased by 28 bps to 21.53% in 2023, then slipped by 20 bps to 17.22% in 2024, then rose by 1 bps to 17.42% in 2025, then advanced by 2 bps to 17.81% in 2026.
  • The last three EBITDA Margin figures came in at 17.81% (Q1 2026), 17.42% (Q4 2025), and 18.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 64.42%
2 Mastercard 437.55 Bn 427.34 Bn - 58.43%
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 18.77%
4 Capital One Financial 112.47 Bn 35.97 Bn - 44.55%
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 17.81%
6 Synchrony Financial 24.26 Bn 3.70 Bn - 42.26%
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 28.77%
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 13.91%
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 15.79%
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn 24.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.81%
Dec 31, 2025 17.42%
Sep 30, 2025 18.06%
Jun 30, 2025 18.15%
Mar 31, 2025 19.64%
Dec 31, 2024 17.22%
Sep 30, 2024 17.73%
Jun 30, 2024 16.80%
Mar 31, 2024 15.17%
Dec 31, 2023 21.53%
Sep 30, 2023 15.75%
Jun 30, 2023 15.55%
Mar 31, 2023 14.19%
Dec 31, 2022 16.85%
Sep 30, 2022 16.33%
Jun 30, 2022 11.23%
Mar 31, 2022 10.97%
Dec 31, 2021 15.18%
Sep 30, 2021 16.87%
Jun 30, 2021 18.07%