Growth Metrics

PayPal Holdings (PYPL) Gross Margin (2016 - 2025)

PayPal Holdings (PYPL) has disclosed Gross Margin for 12 consecutive years, with 90.68% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin changed N/A year-over-year to 90.68%, compared with a TTM value of 173.71% through Dec 2025, changed N/A, and an annual FY2025 reading of 93.12%, changed N/A over the prior year.
  • Gross Margin was 90.68% for Q4 2025 at PayPal Holdings, down from 93.81% in the prior quarter.
  • Across five years, Gross Margin topped out at 94.53% in Q1 2024 and bottomed at 89.93% in Q2 2021.
  • Average Gross Margin over 5 years is 92.09%, with a median of 91.66% recorded in 2022.
  • Peak annual rise in Gross Margin hit 1925bps in 2021, while the deepest fall reached -2152bps in 2021.
  • Year by year, Gross Margin stood at 90.37% in 2021, then grew by 3bps to 92.9% in 2022, then rose by 1bps to 93.62% in 2023, then grew by 1bps to 94.34% in 2024, then fell by -4bps to 90.68% in 2025.
  • Business Quant data shows Gross Margin for PYPL at 90.68% in Q4 2025, 93.81% in Q3 2025, and 94.34% in Q2 2024.