PayPal Holdings (PYPL) EBT Margin (2014 - 2026)
PayPal Holdings' (PYPL) quarterly EBT Margin came in at 15.09% in Q2 2026, down 336.0% YoY from 6.39% in Q2 2025, and down 9.52% on a QoQ basis from 16.68% in Q1 2026.
Analysis
PayPal Holdings (PYPL) EBT Margin (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has 13 years of EBT Margin data on file, last reported at 15.09% in Q2 2026.
- Quarterly EBT Margin fell 336.0% year-over-year to 15.09% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.18% (down 95.0% YoY) and the FY2025 annual result came in at 18.97%, up 221.0% from the prior year.
- EBT Margin retreated to 15.09% in Q2 2026, from 16.68% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 23.05% in Q3 2022 to a low of 0.72% in Q2 2022.
- A 5-year average of 16.42% and a median of 16.79% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin sank 2102 bps — and 2023, when it surged 1716 bps.
- Tracing PYPL's EBT Margin over 5 years: stood at 15.03% in 2022, then soared by 49 bps to 22.34% in 2023, then slipped by 25 bps to 16.85% in 2024, then rose by 11 bps to 18.75% in 2025, then retreated by 20 bps to 15.09% in 2026.
- The last three EBT Margin figures came in at 15.09% (Q2 2026), 16.68% (Q1 2026), and 18.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 58.74% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 59.14% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 20.73% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 24.09% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.09% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 14.50% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 24.62% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 16.76% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 23.49% |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 11.82% |
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% |