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PayPal Holdings (PYPL) Operating Expenses (2016 - 2026)

PayPal Holdings filings provide 12 years of Operating Expenses readings, the most recent being $7.2 billion for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 3.47% to $7.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $27.1 billion, a 2.4% increase, with the full-year FY2025 number at $27.1 billion, up 2.4% from a year prior.
  • Operating Expenses hit $7.2 billion in Q4 2025 for PayPal Holdings, up from $6.9 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $7.2 billion in Q4 2025 to a low of $5.0 billion in Q1 2021.
  • Median Operating Expenses over the past 5 years was $6.2 billion (2023), compared with a mean of $6.2 billion.
  • Biggest five-year swings in Operating Expenses: increased 18.58% in 2021 and later dropped 4.13% in 2025.
  • PayPal Holdings' Operating Expenses stood at $5.9 billion in 2021, then grew by 4.62% to $6.1 billion in 2022, then increased by 2.59% to $6.3 billion in 2023, then rose by 9.96% to $6.9 billion in 2024, then rose by 3.47% to $7.2 billion in 2025.
  • The last three reported values for Operating Expenses were $7.2 billion (Q4 2025), $6.9 billion (Q3 2025), and $6.8 billion (Q2 2025) per Business Quant data.