PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026)
PayPal Holdings (PYPL) reported Free Cash Flow of $1.78 billion for Q2 2026, up 156.5% from $692 million a year earlier and up 96.6% from the prior quarter.
PayPal Holdings (PYPL) Free Cash Flow (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PayPal Holdings' Free Cash Flow came in at $6.59 billion, up 24.5% year-over-year; for FY2025, it came in at $5.56 billion, down 17.8% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $6.77 billion in FY2024 (+60.4%), $4.22 billion in FY2023 (-17.4%), $5.11 billion in FY2022 (+4.5%) and $4.89 billion in FY2021 (-8.7%).
- Five-year quarterly Free Cash Flow spans a low of -$350 million in Q2 2023 and a high of $2.47 billion in Q4 2023.
- Year over year, Free Cash Flow gained in three of the last eight quarters, with growth averaging 11.8%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2026 (growth of 156.5%); the low point was Q2 2025 (a decline of 49.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $903 million (Q1 2026), $2.19 billion (Q4 2025) and $1.72 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 47.87 Bn | 6.09 Bn | - | 1.78 Bn |
| 2 | Coinbase Global | 47.32 Bn | 4.13 Bn | - | 197.31 Mn |
| 3 | Block | 46.41 Bn | 17.67 Bn | 3.17 Bn | 966.61 Mn |
| 4 | Iren | 26.78 Bn | 14.37 Bn | 103.89 Mn | 482.24 Mn |
| 5 | Corpay | 26.12 Bn | 16.32 Bn | - | 1.42 Bn |
| 6 | Fiserv | 24.26 Bn | 20.96 Bn | 2.90 Bn | 985.00 Mn |
| 7 | Global Payments | 21.85 Bn | 290.86 Mn | 2.03 Bn | 426.96 Mn |
| 8 | Bitmine Immersion Technologies | 13.94 Bn | 11.32 Bn | 40.81 Mn | 28.98 Mn |
| 9 | Guidewire Software | 13.71 Bn | 10.27 Bn | 269.68 Mn | 281.76 Mn |
| 10 | Chime Financial | 11.39 Bn | 7.18 Bn | 594.87 Mn | 197.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78 Bn |
| Mar 31, 2026 | 903.00 Mn |
| Dec 31, 2025 | 2.19 Bn |
| Sep 30, 2025 | 1.72 Bn |
| Jun 30, 2025 | 692.00 Mn |
| Mar 31, 2025 | 964.00 Mn |
| Dec 31, 2024 | 2.19 Bn |
| Sep 30, 2024 | 1.45 Bn |
| Jun 30, 2024 | 1.37 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 2.47 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | -350.00 Mn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 1.43 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.03 Bn |
| Dec 31, 2021 | 1.01 Bn |
| Sep 30, 2021 | 1.29 Bn |
PayPal Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PYPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "PYPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PYPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();