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
DateValue
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