PayPal Holdings (PYPL) Invested Capital (2016 - 2026)
PayPal Holdings (PYPL) posted Invested Capital of $33.22 billion for Q2 2026, up 5.5% from $31.5 billion a year earlier and up 12.9% 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%).
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2016.
- On a year-over-year basis, Invested Capital increased in five of the last eight quarters, with growth averaging 1.7%.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q3 2021, with growth of 9.4%; the weakest was Q1 2026, with a decline of 7.1%.
- According to Business Quant data, Invested Capital for the three prior quarters was $29.43 billion (Q1 2026), $31.84 billion (Q4 2025) and $31.47 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 47.87 Bn | 6.09 Bn | - | 33.22 Bn |
| 2 | Coinbase Global | 47.32 Bn | 4.13 Bn | - | 19.56 Bn |
| 3 | Block | 46.41 Bn | 17.67 Bn | 3.17 Bn | 28.34 Bn |
| 4 | Iren | 26.78 Bn | 14.37 Bn | 103.89 Mn | 11.78 Bn |
| 5 | Corpay | 26.12 Bn | 16.32 Bn | - | 11.99 Bn |
| 6 | Fiserv | 24.26 Bn | 20.96 Bn | 2.90 Bn | 54.81 Bn |
| 7 | Global Payments | 21.85 Bn | 290.86 Mn | 2.03 Bn | 46.39 Bn |
| 8 | Bitmine Immersion Technologies | 13.94 Bn | 11.32 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 13.71 Bn | 10.27 Bn | 269.68 Mn | 1.87 Bn |
| 10 | Chime Financial | 11.39 Bn | 7.18 Bn | 594.87 Mn | 1.45 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 30.04 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();