PayPal Holdings (PYPL) EBITDA Margin (2014 - 2026)
PayPal Holdings' EBITDA Margin was 19.26% in Q3 2026, down 1.71 percentage points from 20.97% a year earlier and down 0.01 percentage points from the prior quarter.
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Analysis
PayPal Holdings (PYPL) EBITDA Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, PayPal Holdings' EBITDA Margin was 19.82% through Sep 30, 2026, down 1.40 percentage points year-over-year; for FY2025, it came in at 21.19%, up 1.19 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +0.31 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 19.99% in FY2024 (-0.50 pp), 20.49% in FY2023 (+1.76 pp), 18.73% in FY2022 (-3.06 pp) and 21.78% in FY2021 (+0.91 pp).
- The Q3 2026 figure marks the lowest quarterly EBITDA Margin since Q1 2024.
- Compared with a year earlier, EBITDA Margin has declined for five straight quarters, with an average year-over-year change of -0.65 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2025 (a gain of 4.17 percentage points); the worst was Q2 2022 (a drop of 7.01 percentage points).
- Per Business Quant data, PYPL's EBITDA Margin in the three quarters before Q3 2026 was 19.27% (Q2 2026), 20.66% (Q1 2026) and 20.11% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.42 Bn | 7.12 Bn | - | 19.26% |
| 2 | Block | 45.61 Bn | 16.90 Bn | 3.17 Bn | 8.19% |
| 3 | Coinbase Global | 37.13 Bn | -2.51 Bn | - | 8.45% |
| 4 | Fiserv | 26.58 Bn | 23.25 Bn | 2.90 Bn | 35.62% |
| 5 | Corpay | 26.23 Bn | 16.11 Bn | - | 44.38% |
| 6 | Global Payments | 25.99 Bn | 3.78 Bn | 2.03 Bn | 37.59% |
| 7 | Guidewire Software | 13.67 Bn | 10.24 Bn | 269.68 Mn | 19.18% |
| 8 | Jack Henry & Associates | 11.62 Bn | 11.52 Bn | 273.85 Mn | 29.71% |
| 9 | Bitmine Immersion Technologies | 11.09 Bn | 8.47 Bn | 40.81 Mn | -24.67% |
| 10 | Chime Financial | 10.61 Bn | 6.40 Bn | 594.87 Mn | 4.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.26% |
| Jun 30, 2026 | 19.27% |
| Mar 31, 2026 | 20.66% |
| Dec 31, 2025 | 20.11% |
| Sep 30, 2025 | 20.97% |
| Jun 30, 2025 | 21.03% |
| Mar 31, 2025 | 22.78% |
| Dec 31, 2024 | 20.20% |
| Sep 30, 2024 | 20.98% |
| Jun 30, 2024 | 20.14% |
| Mar 31, 2024 | 18.61% |
| Dec 31, 2023 | 24.81% |
| Sep 30, 2023 | 19.39% |
| Jun 30, 2023 | 19.24% |
| Mar 31, 2023 | 18.03% |
| Dec 31, 2022 | 21.27% |
| Sep 30, 2022 | 21.15% |
| Jun 30, 2022 | 16.12% |
| Mar 31, 2022 | 16.03% |
| Dec 31, 2021 | 19.89% |
API Access
PayPal Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PYPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "PYPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PYPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();