PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026)
PayPal Holdings posted quarterly Free Cash Flow of $903.0 million for Q1 2026, down 5.94% year-on-year from $960.0 million in Q1 2025, and down 68.22% on a QoQ basis from $2.8 billion in Q4 2025.
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 $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.
- Across five years, Free Cash Flow topped out at $3.1 billion in Q4 2023 and bottomed at -$350.0 million in Q2 2023.
- The 5-year median for Free Cash Flow is $1.5 billion (2024), against an average of $1.4 billion.
- The widest annual swing landed in 2023, when Free Cash Flow sank 132.56%; it then jumped 536.57% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $2.1 billion in 2022, then jumped by 44.55% to $3.1 billion in 2023, then slumped by 34.99% to $2.0 billion in 2024, then soared by 41.34% to $2.8 billion in 2025, then slumped 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 | 539.53 Bn | 527.13 Bn | - | 2.63 Bn |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | 2.82 Bn |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 2.66 Bn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 5.47 Bn |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 903.00 Mn |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 22.68 Bn |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 2.18 Bn |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | -2.38 Bn |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 1.37 Bn |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 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 |