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

PayPal Holdings (PYPL) has reported Operating Margin for 13 consecutive years, with 16.44% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 171.0% year-over-year to 16.44%; the trailing twelve-month figure through Jun 2026 stood at 17.42% (down 74.0% YoY), and the FY2025 full-year result was 18.28%, up 154.0% from the prior year.
• Operating Margin declined to 16.44% in Q2 2026 per PYPL's latest filing, from 17.81% in the prior quarter.
• Across five years, Operating Margin topped out at 21.53% in Q4 2023 and bottomed at 10.97% in Q1 2022.
• Historically, Operating Margin has averaged 16.49% across 5 years, with a median of 16.83% in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 684 bps in 2022, then soared 468 bps in 2023.
• Over 5 years, Operating Margin stood at 16.85% in 2022, then gained by 28 bps to 21.53% in 2023, then declined by 20 bps to 17.22% in 2024, then advanced by 1 bps to 17.42% in 2025, then retreated by 6 bps to 16.44% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 16.44%, 17.81%, and 17.42% for Q2 2026, Q1 2026, and Q4 2025 respectively.