PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026)
PayPal Holdings (PYPL) posted Free Cash Flow of $903.0 million for Q1 2026, down 68.22% quarter-over-quarter from $2.8 billion in Q4 2025, and down 5.94% year-on-year from $960.0 million in Q1 2025.
PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported Free Cash Flow for 13 consecutive years, with $903.0 million the latest figure, recorded in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $903.0 million, down 5.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.2 billion (up 3.25% YoY), and the FY2025 annual result was $6.2 billion, down 8.16% from the prior year.
- Free Cash Flow was $903.0 million for Q1 2026 at PayPal Holdings, down from $2.8 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $3.1 billion in Q4 2023 and troughed at -$350.0 million in Q2 2023.
- Average Free Cash Flow over 5 years is $1.4 billion, with a median of $1.5 billion recorded in 2024.
- Year-over-year, Free Cash Flow sank 132.56% in 2023 and soared 536.57% in 2024.
- Over 5 years, Free Cash Flow stood at $2.1 billion in 2022, then soared by 44.55% to $3.1 billion in 2023, then slumped by 34.99% to $2.0 billion in 2024, then surged by 41.34% to $2.8 billion in 2025, then slumped by 68.22% to $903.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $903.0 million in Q1 2026, $2.8 billion in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 2.63 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 2.82 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 2.66 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 903.00 Mn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 22.68 Bn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | -2.38 Bn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.37 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 268.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 66.48 Mn |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 88.63 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 |