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

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

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

PayPal Holdings has reported Research & Development for 13 years, with the latest figure at $793.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 8.48% year-over-year to $793.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (up 6.64% YoY), and the FY2025 full-year result was $3.1 billion, up 4.16% from the prior year.
  • Research & Development for Q1 2026 stood at $793.0 million, down from $804.0 million in the prior quarter.
  • The five-year high for Research & Development was $822.0 million in Q4 2022, with the low at $718.0 million in Q2 2024.
  • Historically, Research & Development has averaged $770.6 million across 5 years, with a median of $770.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development rose 9.99% — and 2023, when it decreased 11.53%.
  • PayPal Holdings' Research & Development 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 fell by 1.37% to $793.0 million in 2026.
  • The last three Research & Development figures came in at $793.0 million (Q1 2026), $804.0 million (Q4 2025), and $801.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 548.22 Bn 535.81 Bn - 260.00 Mn
2 Mastercard 437.48 Bn 427.27 Bn - -
3 American Express 231.87 Bn 177.83 Bn 17.43 Bn 1.59 Bn
4 Capital One Financial 125.74 Bn 49.24 Bn - 496.00 Mn
5 PayPal Holdings 38.80 Bn 29.46 Bn 7.84 Bn 793.00 Mn
6 Synchrony Financial 25.78 Bn 5.22 Bn - 262.00 Mn
7 Affirm Holdings 24.65 Bn 22.93 Bn 261.64 Mn -
8 SoFi Technologies 22.89 Bn 19.49 Bn 929.25 Mn 187.68 Mn
9 Ally Financial 14.15 Bn 13.70 Bn 1.98 Bn -
10 Credit Acceptance 6.63 Bn 6.61 Bn 562.70 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