PayPal Holdings PYPL
NASDAQ PYPL
$53.66 -7.81 (-12.71%)
At close: Aug 28, 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% YoY from 8.48% in Q2 2025, and down 4.57% on a QoQ basis from 13.32% in Q1 2026.

Analysis

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

PayPal Holdings (PYPL) has 13 years of Net Margin data on file, last reported at 12.72% in Q2 2026.

  • Quarterly Net Margin fell 250.0% year-over-year to 12.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.36% (down 13.0% YoY) and the FY2025 annual result came in at 15.78%, up 273.0% from the prior year.
  • Net Margin fell to 12.72% in Q2 2026, from 13.32% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 19.43% in Q3 2022 to a low of 5.01% in Q2 2022.
  • A 5-year average of 12.92% and a median of 13.57% in 2023 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 2399 bps — and 2023, when it soared 1913 bps.
  • Tracing PYPL's Net Margin over 5 years: stood at 12.47% in 2022, then jumped by 40 bps to 17.47% in 2023, then slipped by 23 bps to 13.4% in 2024, then advanced by 24 bps to 16.56% in 2025, then retreated by 23 bps to 12.72% in 2026.
  • The last three Net Margin figures came in at 12.72% (Q2 2026), 13.32% (Q1 2026), and 16.56% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 48.38%
2 Mastercard 518.33 Bn 504.84 Bn - 47.30%
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 15.84%
4 Capital One Financial 132.31 Bn 77.60 Bn - 18.52%
5 PayPal Holdings 46.25 Bn 35.00 Bn - 12.72%
6 Affirm Holdings 26.22 Bn 24.59 Bn - 138.65%
7 Synchrony Financial 25.37 Bn 9.17 Bn - 17.93%
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 12.85%
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 16.05%
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn 8.70%
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%