PayPal Holdings (PYPL) EBT Margin (2014 - 2026)
PayPal Holdings' (PYPL) quarterly EBT Margin came in at 15.09% in Q2 2026, down 336.0% on a YoY basis from 6.39% in Q2 2025, and down 9.52% quarter-over-quarter from 16.68% in Q1 2026.
Analysis
PayPal Holdings (PYPL) EBT Margin (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported EBT Margin for 13 consecutive years, with 15.09% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 336.0% year-over-year to 15.09%; the trailing twelve-month figure through Jun 2026 stood at 17.18% (down 95.0% YoY), and the FY2025 full-year result was 18.97%, up 221.0% from the prior year.
- EBT Margin declined to 15.09% in Q2 2026 per PYPL's latest filing, from 16.68% in the prior quarter.
- Across five years, EBT Margin topped out at 23.05% in Q3 2022 and bottomed at 0.72% in Q2 2022.
- Historically, EBT Margin has averaged 16.42% across 5 years, with a median of 16.79% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 2102 bps in 2022, then soared 1716 bps in 2023.
- Over 5 years, EBT Margin stood at 15.03% in 2022, then surged by 49 bps to 22.34% in 2023, then declined by 25 bps to 16.85% in 2024, then advanced by 11 bps to 18.75% in 2025, then slipped by 20 bps to 15.09% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 15.09%, 16.68%, and 18.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 45.83 Bn | 39.37 Bn | 3.17 Bn | 4.56% |
| 2 | PayPal Holdings | 45.18 Bn | 33.92 Bn | - | 15.09% |
| 3 | Corpay | 26.12 Bn | 19.43 Bn | 1.19 Bn | 25.75% |
| 4 | Fiserv | 25.09 Bn | 24.49 Bn | 3.59 Bn | 14.64% |
| 5 | Global Payments | 22.62 Bn | 17.85 Bn | 2.03 Bn | 3.14% |
| 6 | Wex | 6.64 Bn | 539.91 Mn | 463.80 Mn | 19.97% |
| 7 | Shift4 Payments | 6.06 Bn | 5.82 Bn | 446.00 Mn | 2.86% |
| 8 | Aci Worldwide | 5.09 Bn | 4.92 Bn | 181.57 Mn | 9.04% |
| 9 | Paymentus Holdings | 4.41 Bn | 4.04 Bn | 94.31 Mn | 9.88% |
| 10 | dLocal | 4.19 Bn | 3.32 Bn | 127.15 Mn | 16.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.09% |
| Mar 31, 2026 | 16.68% |
| Dec 31, 2025 | 18.75% |
| Sep 30, 2025 | 18.21% |
| Jun 30, 2025 | 18.45% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 16.85% |
| Sep 30, 2024 | 16.71% |
| Jun 30, 2024 | 17.74% |
| Mar 31, 2024 | 15.70% |
| Dec 31, 2023 | 22.34% |
| Sep 30, 2023 | 16.73% |
| Jun 30, 2023 | 17.88% |
| Mar 31, 2023 | 15.26% |
| Dec 31, 2022 | 15.03% |
| Sep 30, 2022 | 23.05% |
| Jun 30, 2022 | 0.72% |
| Mar 31, 2022 | 9.70% |
| Dec 31, 2021 | 10.21% |
| Sep 30, 2021 | 18.85% |