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

PayPal Holdings (PYPL) has 13 years of Operating Margin data on file, last reported at 16.44% in Q2 2026.

• Quarterly Operating Margin fell 171.0% year-over-year to 16.44% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.42% (down 74.0% YoY) and the FY2025 annual result came in at 18.28%, up 154.0% from the prior year.
• Operating Margin retreated to 16.44% in Q2 2026, from 17.81% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 21.53% in Q4 2023 to a low of 10.97% in Q1 2022.
• A 5-year average of 16.49% and a median of 16.83% in 2022 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin tumbled 684 bps — and 2023, when it surged 468 bps.
• Tracing PYPL's Operating Margin over 5 years: stood at 16.85% in 2022, then increased by 28 bps to 21.53% in 2023, then slipped by 20 bps to 17.22% in 2024, then rose by 1 bps to 17.42% in 2025, then declined by 6 bps to 16.44% in 2026.
• The last three Operating Margin figures came in at 16.44% (Q2 2026), 17.81% (Q1 2026), and 17.42% (Q4 2025), per Business Quant data.