PayPal Holdings (PYPL) Invested Capital (2016 - 2026)
PayPal Holdings (PYPL) posted Invested Capital of $32.96 billion for Q3 2026, up 4.7% from $31.47 billion a year earlier but down 0.8% from the prior quarter.
PayPal Holdings (PYPL) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025, PayPal Holdings' Invested Capital came in at $31.84 billion, up 5.1% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- In prior years, PayPal Holdings' Invested Capital was $30.3 billion in FY2024 (-1.4%), $30.73 billion in FY2023 (+0.1%), $30.69 billion in FY2022 (+3.1%) and $29.78 billion in FY2021 (+2.7%).
- Quarterly Invested Capital has run from a low of $28.83 billion in Q1 2022 to a high of $33.22 billion in Q2 2026 over five years.
- On a year-over-year basis, Invested Capital increased in six of the last eight quarters, with growth averaging 2.4%.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q2 2026, with growth of 5.5%; the weakest was Q1 2026, with a decline of 7.1%.
- According to Business Quant data, Invested Capital for the three prior quarters was $33.22 billion (Q2 2026), $29.43 billion (Q1 2026) and $31.84 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 52.85 Bn | 24.62 Bn | 3.24 Bn | 30.17 Bn |
| 2 | PayPal Holdings | 51.15 Bn | 9.85 Bn | - | 32.96 Bn |
| 3 | Coinbase Global | 39.96 Bn | 318.30 Mn | - | 20.64 Bn |
| 4 | Fiserv | 33.26 Bn | 29.94 Bn | 2.90 Bn | 54.81 Bn |
| 5 | Corpay | 27.49 Bn | 17.37 Bn | - | 14.21 Bn |
| 6 | Global Payments | 25.96 Bn | 3.75 Bn | 2.03 Bn | 47.31 Bn |
| 7 | Guidewire Software | 14.40 Bn | 10.97 Bn | 269.68 Mn | 1.87 Bn |
| 8 | Jack Henry & Associates | 12.86 Bn | 12.76 Bn | 273.85 Mn | 2.09 Bn |
| 9 | Bitmine Immersion Technologies | 11.92 Bn | 9.30 Bn | 40.81 Mn | - |
| 10 | Chime Financial | 11.40 Bn | 7.20 Bn | 594.87 Mn | 1.45 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.96 Bn |
| Jun 30, 2026 | 33.22 Bn |
| Mar 31, 2026 | 29.43 Bn |
| Dec 31, 2025 | 31.84 Bn |
| Sep 30, 2025 | 31.47 Bn |
| Jun 30, 2025 | 31.50 Bn |
| Mar 31, 2025 | 31.67 Bn |
| Dec 31, 2024 | 30.30 Bn |
| Sep 30, 2024 | 30.15 Bn |
| Jun 30, 2024 | 30.35 Bn |
| Mar 31, 2024 | 30.39 Bn |
| Dec 31, 2023 | 30.73 Bn |
| Sep 30, 2023 | 30.38 Bn |
| Jun 30, 2023 | 30.21 Bn |
| Mar 31, 2023 | 30.34 Bn |
| Dec 31, 2022 | 30.69 Bn |
| Sep 30, 2022 | 30.51 Bn |
| Jun 30, 2022 | 29.97 Bn |
| Mar 31, 2022 | 28.83 Bn |
| Dec 31, 2021 | 29.78 Bn |
PayPal Holdings Invested Capital 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=invested-capital&ticker=PYPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PYPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();