PayPal Holdings (PYPL) Invested Capital (2014 - 2026)
PayPal Holdings' (PYPL) quarterly Invested Capital came in at $35.1 billion in Q2 2026, up 11.29% on a YoY basis from $31.5 billion in Q2 2025, and up 13.44% quarter-over-quarter from $30.9 billion in Q1 2026.
Analysis
PayPal Holdings (PYPL) Invested Capital (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported Invested Capital for 13 consecutive years, with $35.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 11.29% year-over-year to $35.1 billion; the trailing twelve-month figure through Jun 2026 stood at $35.1 billion (up 11.29% YoY), and the FY2025 full-year result was $31.8 billion, up 5.09% from the prior year.
- Invested Capital advanced to $35.1 billion in Q2 2026 per PYPL's latest filing, from $30.9 billion in the prior quarter.
- Across five years, Invested Capital topped out at $35.1 billion in Q2 2026 and bottomed at $28.8 billion in Q1 2022.
- Historically, Invested Capital has averaged $30.8 billion across 5 years, with a median of $30.4 billion in 2022.
- The widest YoY moves for Invested Capital: up 11.29% in 2026, down 2.43% in 2026.
- Over 5 years, Invested Capital stood at $30.7 billion in 2022, then advanced by 0.12% to $30.7 billion in 2023, then fell by 1.4% to $30.3 billion in 2024, then grew by 5.09% to $31.8 billion in 2025, then rose by 10.09% to $35.1 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $35.1 billion, $30.9 billion, and $31.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 45.83 Bn | 39.37 Bn | 3.17 Bn | 28.34 Bn |
| 2 | PayPal Holdings | 45.18 Bn | 33.92 Bn | - | 35.05 Bn |
| 3 | Corpay | 26.12 Bn | 19.43 Bn | 1.19 Bn | 20.31 Bn |
| 4 | Fiserv | 25.09 Bn | 24.49 Bn | 3.59 Bn | 54.81 Bn |
| 5 | Global Payments | 22.62 Bn | 17.85 Bn | 2.03 Bn | 47.41 Bn |
| 6 | Wex | 6.64 Bn | 539.91 Mn | 463.80 Mn | 6.70 Bn |
| 7 | Shift4 Payments | 6.06 Bn | 5.82 Bn | 446.00 Mn | 6.26 Bn |
| 8 | Aci Worldwide | 5.09 Bn | 4.92 Bn | 181.57 Mn | 2.36 Bn |
| 9 | Paymentus Holdings | 4.41 Bn | 4.04 Bn | 94.31 Mn | - |
| 10 | dLocal | 4.19 Bn | 3.32 Bn | 127.15 Mn | 607.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.05 Bn |
| Mar 31, 2026 | 30.90 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 |
| Sep 30, 2021 | 30.04 Bn |