PayPal Holdings (PYPL) FCF Margin (2014 - 2026)
PayPal Holdings (PYPL) posted FCF Margin of 20.44% for Q2 2026, up 12.10 percentage points from 8.35% a year earlier and up 9.63 percentage points from the prior quarter.
PayPal Holdings (PYPL) FCF Margin (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at PayPal Holdings was 19.30%, up 2.91 percentage points year-over-year; for FY2025, it was 16.77%, down 4.51 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -8.18 percentage points (FY2020 to FY2025).
- In prior years, PayPal Holdings' FCF Margin was 21.28% in FY2024 (+7.11 pp), 14.17% in FY2023 (-4.38 pp), 18.56% in FY2022 (-0.71 pp) and 19.27% in FY2021 (-5.68 pp).
- Quarterly FCF Margin has run from a low of -4.80% in Q2 2023 to a high of 30.76% in Q4 2023 over five years.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -1.12 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2024, with a gain of 22.15 percentage points; the weakest was Q2 2023, with a drop of 20.60 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 10.81% (Q1 2026), 25.24% (Q4 2025) and 20.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 47.87 Bn | 6.09 Bn | - | 20.44% |
| 2 | Coinbase Global | 47.32 Bn | 4.13 Bn | - | 16.17% |
| 3 | Block | 46.41 Bn | 17.67 Bn | 3.17 Bn | 14.61% |
| 4 | Iren | 26.78 Bn | 14.37 Bn | 103.89 Mn | 351.43% |
| 5 | Corpay | 26.12 Bn | 16.32 Bn | - | 105.74% |
| 6 | Fiserv | 24.26 Bn | 20.96 Bn | 2.90 Bn | 18.61% |
| 7 | Global Payments | 21.85 Bn | 290.86 Mn | 2.03 Bn | 12.86% |
| 8 | Bitmine Immersion Technologies | 13.94 Bn | 11.32 Bn | 40.81 Mn | 62.27% |
| 9 | Guidewire Software | 13.71 Bn | 10.27 Bn | 269.68 Mn | 68.54% |
| 10 | Chime Financial | 11.39 Bn | 7.18 Bn | 594.87 Mn | 29.49% |
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% |
PayPal Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PYPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PYPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PYPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();