PayPal Holdings (PYPL) Gross Margin (2014 - 2026)

PayPal Holdings (PYPL) has 13 years of Gross Margin data on file, last reported at 93.8% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 6.0% year-over-year to 93.8%; the trailing twelve-month figure through Mar 2026 stood at 93.14% (down 37.0% YoY), and the FY2025 full-year result was 93.12%, down 59.0% from the prior year.
• Gross Margin for Q1 2026 stood at 93.8%, up from 92.04% in the prior quarter.
• Across five years, Gross Margin topped out at 94.53% in Q1 2024 and bottomed at 90.84% in Q1 2022.
• The 5-year median for Gross Margin is 93.62% (2023), against an average of 93.18%.
• The widest annual swing landed in 2023, when Gross Margin jumped 297 bps; it then sank 168 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 92.9% in 2022, then advanced by 1 bps to 94.19% in 2023, then declined by 2 bps to 92.52% in 2024, then retreated by 1 bps to 92.04% in 2025, then grew by 2 bps to 93.8% in 2026.
• The last three Gross Margin figures came in at 93.8% (Q1 2026), 92.04% (Q4 2025), and 93.81% (Q3 2025), per Business Quant data.