PayPal Holdings (PYPL) FCF Margin (2014 - 2026)
PayPal Holdings' (PYPL) quarterly FCF Margin came in at 20.44% in Q2 2026, up 1210.0% on a YoY basis from 1.56% in Q2 2025, and up 89.12% quarter-over-quarter from 10.81% in Q1 2026.
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PayPal Holdings (PYPL) FCF Margin (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported FCF Margin for 13 consecutive years, with 20.44% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1210.0% year-over-year to 20.44%; the trailing twelve-month figure through Jun 2026 stood at 19.3% (up 291.0% YoY), and the FY2025 full-year result was 16.77%, down 451.0% from the prior year.
- FCF Margin grew to 20.44% in Q2 2026 per PYPL's latest filing, from 10.81% in the prior quarter.
- Across five years, FCF Margin topped out at 30.76% in Q4 2023 and bottomed at 4.8% in Q2 2023.
- Historically, FCF Margin has averaged 17.31% across 5 years, with a median of 17.88% in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 2060 bps in 2023, then jumped 2215 bps in 2024.
- Over 5 years, FCF Margin stood at 19.41% in 2022, then soared by 58 bps to 30.76% in 2023, then decreased by 15 bps to 26.19% in 2024, then decreased by 4 bps to 25.24% in 2025, then slipped by 19 bps to 20.44% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 20.44%, 10.81%, and 25.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 45.83 Bn | 39.37 Bn | 3.17 Bn | -114.17% |
| 2 | PayPal Holdings | 45.18 Bn | 33.92 Bn | - | 20.44% |
| 3 | Corpay | 26.12 Bn | 19.43 Bn | 1.19 Bn | 105.74% |
| 4 | Fiserv | 25.09 Bn | 24.49 Bn | 3.59 Bn | 18.61% |
| 5 | Global Payments | 22.62 Bn | 17.85 Bn | 2.03 Bn | 12.86% |
| 6 | Wex | 6.64 Bn | 539.91 Mn | 463.80 Mn | -16.07% |
| 7 | Shift4 Payments | 6.06 Bn | 5.82 Bn | 446.00 Mn | 2.08% |
| 8 | Aci Worldwide | 5.09 Bn | 4.92 Bn | 181.57 Mn | 14.85% |
| 9 | Paymentus Holdings | 4.41 Bn | 4.04 Bn | 94.31 Mn | 10.86% |
| 10 | dLocal | 4.19 Bn | 3.32 Bn | 127.15 Mn | 35.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44% |
| Mar 31, 2026 | 10.81% |
| Dec 31, 2025 | 25.24% |
| Sep 30, 2025 | 20.41% |
| Jun 30, 2025 | 8.35% |
| Mar 31, 2025 | 12.37% |
| Dec 31, 2024 | 26.19% |
| Sep 30, 2024 | 18.41% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 22.90% |
| Dec 31, 2023 | 30.76% |
| Sep 30, 2023 | 14.84% |
| Jun 30, 2023 | -4.80% |
| Mar 31, 2023 | 14.20% |
| Dec 31, 2022 | 19.41% |
| 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% |