PayPal Holdings (PYPL) Research & Development (2014 - 2026)
PayPal Holdings' (PYPL) quarterly Research & Development came in at $849.0 million in Q2 2026, up 10.69% YoY from $767.0 million in Q2 2025, and up 7.06% on a QoQ basis from $793.0 million in Q1 2026.
Analysis
PayPal Holdings (PYPL) Research & Development (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has 13 years of Research & Development data on file, last reported at $849.0 million in Q2 2026.
- Quarterly Research & Development rose 10.69% year-over-year to $849.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.2 billion (up 7.62% YoY) and the FY2025 annual result came in at $3.1 billion, up 4.16% from the prior year.
- Research & Development advanced to $849.0 million in Q2 2026, from $793.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $849.0 million in Q2 2026 to a low of $718.0 million in Q2 2024.
- A 5-year average of $775.0 million and a median of $771.5 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development decreased 11.53% — and 2026, when it gained 10.69%.
- Tracing PYPL's Research & Development over 5 years: stood at $822.0 million in 2022, then fell by 6.33% to $770.0 million in 2023, then climbed by 0.39% to $773.0 million in 2024, then increased by 4.01% to $804.0 million in 2025, then advanced by 5.6% to $849.0 million in 2026.
- The last three Research & Development figures came in at $849.0 million (Q2 2026), $793.0 million (Q1 2026), and $804.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 280.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 849.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 92.40 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 248.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 392.40 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 849.00 Mn |
| Mar 31, 2026 | 793.00 Mn |
| Dec 31, 2025 | 804.00 Mn |
| Sep 30, 2025 | 801.00 Mn |
| Jun 30, 2025 | 767.00 Mn |
| Mar 31, 2025 | 731.00 Mn |
| Dec 31, 2024 | 773.00 Mn |
| Sep 30, 2024 | 746.00 Mn |
| Jun 30, 2024 | 718.00 Mn |
| Mar 31, 2024 | 742.00 Mn |
| Dec 31, 2023 | 770.00 Mn |
| Sep 30, 2023 | 739.00 Mn |
| Jun 30, 2023 | 743.00 Mn |
| Mar 31, 2023 | 721.00 Mn |
| Dec 31, 2022 | 822.00 Mn |
| Sep 30, 2022 | 801.00 Mn |
| Jun 30, 2022 | 815.00 Mn |
| Mar 31, 2022 | 815.00 Mn |
| Dec 31, 2021 | 796.00 Mn |
| Sep 30, 2021 | 755.00 Mn |