PayPal Holdings PYPL
NASDAQ PYPL
$52.41 -0.53 (-1.00%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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