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| Date | Value |
|---|---|
| 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% |