PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026)
PayPal Holdings (PYPL) reported Free Cash Flow of $903.0 million for Q1 2026, down 5.94% on a YoY basis from $960.0 million in Q1 2025, and down 68.22% quarter-over-quarter from $2.8 billion in Q4 2025.
PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026) Analysis & Trends
PayPal Holdings has reported Free Cash Flow for 13 years, with the latest figure at $903.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 5.94% year-over-year to $903.0 million; the trailing twelve-month figure through Mar 2026 stood at $6.2 billion (up 3.25% YoY), and the FY2025 full-year result was $6.2 billion, down 8.16% from the prior year.
- Free Cash Flow for Q1 2026 stood at $903.0 million, down from $2.8 billion in the prior quarter.
- The five-year high for Free Cash Flow was $3.1 billion in Q4 2023, with the low at -$350.0 million in Q2 2023.
- Historically, Free Cash Flow has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2024.
- Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 132.56% — and 2024, when it jumped 536.57%.
- PayPal Holdings' Free Cash Flow stood at $2.1 billion in 2022, then soared by 44.55% to $3.1 billion in 2023, then tumbled by 34.99% to $2.0 billion in 2024, then surged by 41.34% to $2.8 billion in 2025, then tumbled by 68.22% to $903.0 million in 2026.
- The last three Free Cash Flow figures came in at $903.0 million (Q1 2026), $2.8 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 548.22 Bn | 535.81 Bn | - | 2.63 Bn |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | 2.82 Bn |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 2.66 Bn |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | 5.47 Bn |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | 903.00 Mn |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | 2.18 Bn |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | 22.68 Bn |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | -2.38 Bn |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | 1.37 Bn |
| 10 | Credit Acceptance | 6.63 Bn | 6.61 Bn | 562.70 Mn | 268.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 903.00 Mn |
| Mar 31, 2026 | 903.00 Mn |
| Dec 31, 2025 | 2.84 Bn |
| Dec 31, 2025 | 2.84 Bn |
| Sep 30, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.52 Bn |
| Jun 30, 2025 | 897.00 Mn |
| Jun 30, 2025 | 897.00 Mn |
| Mar 31, 2025 | 960.00 Mn |
| Mar 31, 2025 | 960.00 Mn |
| Dec 31, 2024 | 2.01 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.53 Bn |
| Jun 30, 2024 | 1.53 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 3.09 Bn |
| Dec 31, 2023 | 3.09 Bn |