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

PayPal Holdings (PYPL) posted FCF Margin of 10.81% for Q1 2026, down 66.99% quarter-over-quarter from 32.75% in Q4 2025, and down 151.0% year-on-year from 21.2% in Q1 2025.

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

PayPal Holdings (PYPL) has reported FCF Margin for 13 consecutive years, with 10.81% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 10.81%, down 151.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.25% (down 45.0% YoY), and the FY2025 annual result was 18.74%, down 255.0% from the prior year.
  • FCF Margin was 10.81% for Q1 2026 at PayPal Holdings, down from 32.75% in the prior quarter.
  • Over five years, FCF Margin peaked at 38.52% in Q4 2023 and troughed at 4.8% in Q2 2023.
  • Average FCF Margin over 5 years is 18.59%, with a median of 18.02% recorded in 2025.
  • Year-over-year, FCF Margin plunged 2060 bps in 2023 and soared 2418 bps in 2024.
  • Over 5 years, FCF Margin stood at 28.97% in 2022, then jumped by 33 bps to 38.52% in 2023, then sank by 38 bps to 24.03% in 2024, then soared by 36 bps to 32.75% in 2025, then sank by 67 bps to 10.81% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 10.81% in Q1 2026, 32.75% in Q4 2025, and 18.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 23.37%
2 Mastercard 465.55 Bn 455.34 Bn - 33.56%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 14.04%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 10.81%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 6,779.64%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -216.52%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 65.22%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 46.37%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 15.37%
10 Sezzle 5.91 Bn 5.79 Bn - 65.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.81%
Dec 31, 2025 32.75%
Sep 30, 2025 18.02%
Jun 30, 2025 10.82%
Mar 31, 2025 12.32%
Dec 31, 2024 24.03%
Sep 30, 2024 18.68%
Jun 30, 2024 19.38%
Mar 31, 2024 22.90%
Dec 31, 2023 38.52%
Sep 30, 2023 14.84%
Jun 30, 2023 -4.80%
Mar 31, 2023 14.20%
Dec 31, 2022 28.97%
Sep 30, 2022 22.98%
Jun 30, 2022 15.79%
Mar 31, 2022 15.83%
Dec 31, 2021 14.56%
Sep 30, 2021 20.80%
Jun 30, 2021 16.98%