PayPal Holdings (PYPL) Research & Development (2014 - 2026)

PayPal Holdings (PYPL) posted Research & Development of $793.0 million for Q1 2026, down 1.37% quarter-over-quarter from $804.0 million in Q4 2025, and up 8.48% year-on-year from $731.0 million in Q1 2025.

PayPal Holdings (PYPL) Research & Development (2014 - 2026) Analysis & Trends

PayPal Holdings (PYPL) has reported Research & Development for 13 consecutive years, with $793.0 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $793.0 million, up 8.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 6.64% YoY), and the FY2025 annual result was $3.1 billion, up 4.16% from the prior year.
  • Research & Development was $793.0 million for Q1 2026 at PayPal Holdings, down from $804.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $822.0 million in Q4 2022 and troughed at $718.0 million in Q2 2024.
  • Average Research & Development over 5 years is $770.6 million, with a median of $770.0 million recorded in 2023.
  • Year-over-year, Research & Development advanced 9.99% in 2022 and dropped 11.53% in 2023.
  • Over 5 years, Research & Development stood at $822.0 million in 2022, then slipped by 6.33% to $770.0 million in 2023, then rose by 0.39% to $773.0 million in 2024, then advanced by 4.01% to $804.0 million in 2025, then slipped by 1.37% to $793.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $793.0 million in Q1 2026, $804.0 million in Q4 2025, and $801.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 260.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.59 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 793.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 187.68 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -20.39 Mn
10 Sezzle 5.91 Bn 5.79 Bn - 4.42 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 746.00 Mn