PayPal Holdings (PYPL) Operating Expenses (2014 - 2026)

PayPal Holdings has reported Operating Expenses for 13 years, with the latest figure at $6.9 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 9.65% year-over-year to $6.9 billion; the trailing twelve-month figure through Mar 2026 stood at $27.7 billion (up 5.76% YoY), and the FY2025 full-year result was $27.1 billion, up 2.4% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.9 billion, down from $7.2 billion in the prior quarter.
• The five-year high for Operating Expenses was $7.2 billion in Q4 2025, with the low at $5.7 billion in Q3 2022.
• Historically, Operating Expenses has averaged $6.4 billion across 5 years, with a median of $6.3 billion in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses climbed 18.22% — and 2025, when it decreased 4.13%.
• PayPal Holdings' Operating Expenses stood at $6.1 billion in 2022, then rose by 2.59% to $6.3 billion in 2023, then gained by 9.96% to $6.9 billion in 2024, then grew by 3.47% to $7.2 billion in 2025, then declined by 4.19% to $6.9 billion in 2026.
• The last three Operating Expenses figures came in at $6.9 billion (Q1 2026), $7.2 billion (Q4 2025), and $6.9 billion (Q3 2025), per Business Quant data.