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

PayPal Holdings posted quarterly Research & Development of $793.0 million for Q1 2026, up 8.48% year-on-year from $731.0 million in Q1 2025, and down 1.37% on a QoQ basis from $804.0 million in Q4 2025.

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

PayPal Holdings (PYPL) has 13 years of Research & Development data on file, last reported 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.
  • Across five years, Research & Development topped out at $822.0 million in Q4 2022 and bottomed at $718.0 million in Q2 2024.
  • The 5-year median for Research & Development is $770.0 million (2023), against an average of $770.6 million.
  • The widest annual swing landed in 2022, when Research & Development rose 9.99%; it then decreased 11.53% in 2023.
  • A 5-year view of Research & Development shows it stood at $822.0 million in 2022, then retreated by 6.33% to $770.0 million in 2023, then grew by 0.39% to $773.0 million in 2024, then rose by 4.01% to $804.0 million in 2025, then retreated 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 539.53 Bn 527.13 Bn - 260.00 Mn
2 Mastercard 441.81 Bn 431.60 Bn - -
3 American Express 215.01 Bn 160.96 Bn 17.43 Bn 1.59 Bn
4 Capital One Financial 114.99 Bn 38.50 Bn - 496.00 Mn
5 PayPal Holdings 41.29 Bn 31.95 Bn 7.84 Bn 793.00 Mn
6 Affirm Holdings 24.62 Bn 22.89 Bn 261.64 Mn -
7 Synchrony Financial 24.22 Bn 3.66 Bn - 262.00 Mn
8 SoFi Technologies 23.71 Bn 20.31 Bn 929.25 Mn 187.68 Mn
9 Ally Financial 13.13 Bn 12.69 Bn 1.98 Bn -
10 Credit Acceptance 6.46 Bn 6.44 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