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% on a YoY basis from $767.0 million in Q2 2025, and up 7.06% quarter-over-quarter from $793.0 million in Q1 2026.
Analysis
PayPal Holdings (PYPL) Research & Development (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported Research & Development for 13 consecutive years, with $849.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 10.69% year-over-year to $849.0 million; the trailing twelve-month figure through Jun 2026 stood at $3.2 billion (up 7.62% YoY), and the FY2025 full-year result was $3.1 billion, up 4.16% from the prior year.
- Research & Development rose to $849.0 million in Q2 2026 per PYPL's latest filing, from $793.0 million in the prior quarter.
- Across five years, Research & Development topped out at $849.0 million in Q2 2026 and bottomed at $718.0 million in Q2 2024.
- Historically, Research & Development has averaged $775.0 million across 5 years, with a median of $771.5 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Research & Development slipped 11.53% in 2023, then advanced 10.69% in 2026.
- Over 5 years, Research & Development stood at $822.0 million in 2022, then decreased by 6.33% to $770.0 million in 2023, then increased by 0.39% to $773.0 million in 2024, then gained by 4.01% to $804.0 million in 2025, then grew by 5.6% to $849.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $849.0 million, $793.0 million, and $804.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 45.83 Bn | 39.37 Bn | 3.17 Bn | 664.96 Mn |
| 2 | PayPal Holdings | 45.18 Bn | 33.92 Bn | - | 849.00 Mn |
| 3 | Corpay | 26.12 Bn | 19.43 Bn | 1.19 Bn | - |
| 4 | Fiserv | 25.09 Bn | 24.49 Bn | 3.59 Bn | - |
| 5 | Global Payments | 22.62 Bn | 17.85 Bn | 2.03 Bn | - |
| 6 | Wex | 6.64 Bn | 539.91 Mn | 463.80 Mn | 112.70 Mn |
| 7 | Shift4 Payments | 6.06 Bn | 5.82 Bn | 446.00 Mn | - |
| 8 | Aci Worldwide | 5.09 Bn | 4.92 Bn | 181.57 Mn | 47.90 Mn |
| 9 | Paymentus Holdings | 4.41 Bn | 4.04 Bn | 94.31 Mn | 33.05 Mn |
| 10 | dLocal | 4.19 Bn | 3.32 Bn | 127.15 Mn | -9.89 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 |