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

PayPal Holdings' (PYPL) quarterly EBITDA Margin came in at 16.44% in Q2 2026, down 171.0% YoY from 23.15% in Q2 2025, and down 7.73% on a QoQ basis from 17.81% in Q1 2026.

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

PayPal Holdings (PYPL) has 13 years of EBITDA Margin data on file, last reported at 16.44% in Q2 2026.

  • Quarterly EBITDA Margin fell 171.0% year-over-year to 16.44% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.42% (down 74.0% YoY) and the FY2025 annual result came in at 18.28%, up 154.0% from the prior year.
  • EBITDA Margin retreated to 16.44% in Q2 2026, from 17.81% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 21.53% in Q4 2023 to a low of 10.97% in Q1 2022.
  • A 5-year average of 16.49% and a median of 16.83% in 2022 frame the typical range for EBITDA Margin.
  • Annual changes were most pronounced in 2022 — EBITDA Margin tumbled 684 bps — and 2023, when it surged 468 bps.
  • Tracing PYPL's EBITDA Margin over 5 years: 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 declined by 6 bps to 16.44% in 2026.
  • The last three EBITDA Margin figures came in at 16.44% (Q2 2026), 17.81% (Q1 2026), and 17.42% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 59.12%
2 Mastercard 506.53 Bn 493.04 Bn - 60.22%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 17.85%
4 Capital One Financial 136.19 Bn 81.48 Bn - 87.81%
5 PayPal Holdings 52.34 Bn 41.08 Bn - 16.44%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 44.85%
8 Affirm Holdings 25.93 Bn 24.20 Bn - 8.51%
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -720.86%
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 33.20%

Historic Data

Download Data
DateValue
Jun 30, 2026 16.44%
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%