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
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