PayPal Holdings PYPL
NASDAQ PYPL
$52.41 -0.53 (-1.00%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

PayPal Holdings' (PYPL) quarterly Net Margin came in at 12.72% in Q2 2026, down 250.0% on a YoY basis from 8.48% in Q2 2025, and down 4.57% quarter-over-quarter from 13.32% in Q1 2026.

Analysis

PayPal Holdings (PYPL) Net Margin (2014 - 2026) Analysis & Trends

PayPal Holdings (PYPL) has reported Net Margin for 13 consecutive years, with 12.72% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin fell 250.0% year-over-year to 12.72%; the trailing twelve-month figure through Jun 2026 stood at 14.36% (down 13.0% YoY), and the FY2025 full-year result was 15.78%, up 273.0% from the prior year.
  • Net Margin eased to 12.72% in Q2 2026 per PYPL's latest filing, from 13.32% in the prior quarter.
  • Across five years, Net Margin topped out at 19.43% in Q3 2022 and bottomed at 5.01% in Q2 2022.
  • Historically, Net Margin has averaged 12.92% across 5 years, with a median of 13.57% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Net Margin sank 2399 bps in 2022, then jumped 1913 bps in 2023.
  • Over 5 years, Net Margin stood at 12.47% in 2022, then soared by 40 bps to 17.47% in 2023, then declined by 23 bps to 13.4% in 2024, then grew by 24 bps to 16.56% in 2025, then slipped by 23 bps to 12.72% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 12.72%, 13.32%, and 16.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Block 45.83 Bn 39.37 Bn 3.17 Bn 1.32%
2 PayPal Holdings 45.18 Bn 33.92 Bn - 12.72%
3 Corpay 26.12 Bn 19.43 Bn 1.19 Bn 18.81%
4 Fiserv 25.09 Bn 24.49 Bn 3.59 Bn 11.70%
5 Global Payments 22.62 Bn 17.85 Bn 2.03 Bn 0.22%
6 Wex 6.64 Bn 539.91 Mn 463.80 Mn 14.41%
7 Shift4 Payments 6.06 Bn 5.82 Bn 446.00 Mn 0.54%
8 Aci Worldwide 5.09 Bn 4.92 Bn 181.57 Mn 7.39%
9 Paymentus Holdings 4.41 Bn 4.04 Bn 94.31 Mn 7.09%
10 dLocal 4.19 Bn 3.32 Bn 127.15 Mn 13.67%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.72%
Mar 31, 2026 13.32%
Dec 31, 2025 16.56%
Sep 30, 2025 14.83%
Jun 30, 2025 15.21%
Mar 31, 2025 16.52%
Dec 31, 2024 13.40%
Sep 30, 2024 12.87%
Jun 30, 2024 14.31%
Mar 31, 2024 11.53%
Dec 31, 2023 17.47%
Sep 30, 2023 13.75%
Jun 30, 2023 14.12%
Mar 31, 2023 11.29%
Dec 31, 2022 12.47%
Sep 30, 2022 19.43%
Jun 30, 2022 -5.01%
Mar 31, 2022 7.85%
Dec 31, 2021 11.58%
Sep 30, 2021 17.58%