PayPal Holdings (PYPL) Gross Margin (2017 - 2021)

PayPal Holdings (PYPL) has reported Gross Margin for 5 consecutive years, with 99.04% the latest figure, recorded in Q1 2021.

• For the quarter ending Q1 2021, Gross Margin fell 33.0% year-over-year to 99.04%; the trailing twelve-month figure through Mar 2021 stood at 99.27% (down 56.0% YoY), and the FY2020 full-year result was 99.35%, down 25.0% from the prior year.
• Gross Margin was little changed at 99.04% in Q1 2021 per PYPL's latest filing, from 99.28% in the prior quarter.
• Across five years, Gross Margin topped out at 100.0% in Q2 2017 and bottomed at 95.85% in Q1 2018.
• Historically, Gross Margin has averaged 98.98% across 5 years, with a median of 99.28% in 2020.
• The sharpest annual moves came in 2018 and 2019: Gross Margin tumbled 301 bps in 2018, then surged 296 bps in 2019.
• Over 5 years, Gross Margin stood at 97.54% in 2017, then gained by 2 bps to 99.72% in 2018, then increased by 0 bps to 100.0% in 2019, then fell by 1 bps to 99.28% in 2020, then declined by 0 bps to 99.04% in 2021.
• According to Business Quant data, Gross Margin over the past three periods registered 99.04%, 99.28%, and 99.65% for Q1 2021, Q4 2020, and Q3 2020 respectively.