Growth Metrics

PayPal Holdings (PYPL) Operating Expenses (2016 - 2025)

PayPal Holdings (PYPL) has disclosed Operating Expenses for 12 consecutive years, with $7.6 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses changed N/A year-over-year to $7.6 billion, compared with a TTM value of $27.5 billion through Dec 2025, changed N/A, and an annual FY2025 reading of $27.1 billion, up 2.4% over the prior year.
  • Operating Expenses was $7.6 billion for Q4 2025 at PayPal Holdings, up from $6.9 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $7.6 billion in Q4 2025 and bottomed at $1.3 billion in Q3 2024.
  • Average Operating Expenses over 5 years is $5.9 billion, with a median of $6.1 billion recorded in 2022.
  • The sharpest move saw Operating Expenses plummeted 79.76% in 2024, then skyrocketed 445.22% in 2025.
  • Year by year, 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 crashed by 79.91% to $1.3 billion in 2024, then soared by 497.63% to $7.6 billion in 2025.
  • Business Quant data shows Operating Expenses for PYPL at $7.6 billion in Q4 2025, $6.9 billion in Q3 2025, and $6.8 billion in Q2 2025.