PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026)

PayPal Holdings' (PYPL) quarterly Free Cash Flow came in at $1.8 billion in Q2 2026, up 156.5% YoY from $692.0 million in Q2 2025, and up 96.57% on a QoQ basis from $903.0 million in Q1 2026.

PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026) Analysis & Trends

PayPal Holdings (PYPL) has 13 years of Free Cash Flow data on file, last reported at $1.8 billion in Q2 2026.

  • Quarterly Free Cash Flow rose 156.5% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.6 billion (up 24.45% YoY) and the FY2025 annual result came in at $5.6 billion, down 17.78% from the prior year.
  • Free Cash Flow improved to $1.8 billion in Q2 2026, from $903.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.5 billion in Q4 2023 to a low of -$350.0 million in Q2 2023.
  • A 5-year average of $1.4 billion and a median of $1.4 billion in 2022 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 132.56% — and 2024, when it soared 490.86%.
  • Tracing PYPL's Free Cash Flow over 5 years: stood at $1.4 billion in 2022, then jumped by 72.3% to $2.5 billion in 2023, then declined by 11.26% to $2.2 billion in 2024, then decreased by 0.05% to $2.2 billion in 2025, then slipped by 18.95% to $1.8 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.8 billion (Q2 2026), $903.0 million (Q1 2026), and $2.2 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 6.14 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.51 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 4.47 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 8.08 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 1.78 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 2.42 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - -32.90 Bn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -2.38 Bn
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 1.35 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.78 Bn
Jun 30, 2026 1.78 Bn
Mar 31, 2026 903.00 Mn
Mar 31, 2026 903.00 Mn
Dec 31, 2025 2.19 Bn
Dec 31, 2025 2.19 Bn
Sep 30, 2025 1.72 Bn
Sep 30, 2025 1.72 Bn
Jun 30, 2025 692.00 Mn
Jun 30, 2025 692.00 Mn
Mar 31, 2025 964.00 Mn
Mar 31, 2025 964.00 Mn
Dec 31, 2024 2.19 Bn
Dec 31, 2024 2.19 Bn
Sep 30, 2024 1.45 Bn
Sep 30, 2024 1.45 Bn
Jun 30, 2024 1.37 Bn
Jun 30, 2024 1.37 Bn
Mar 31, 2024 1.76 Bn
Mar 31, 2024 1.76 Bn