PayPal Holdings (PYPL) Tax Rate (2014 - 2026)
PayPal Holdings (PYPL) reported Tax Rate of 20.1% for Q1 2026, up 39.0% on a YoY basis from 14.46% in Q1 2025, and up 72.12% quarter-over-quarter from 11.68% in Q4 2025.
PayPal Holdings (PYPL) Tax Rate (2014 - 2026) Analysis & Trends
PayPal Holdings has reported Tax Rate for 13 years, with the latest figure at 20.1% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 39.0% year-over-year to 20.1%; the trailing twelve-month figure through Mar 2026 stood at 16.82% (down 375.0% YoY), and the FY2025 full-year result was 16.83%, down 535.0% from the prior year.
- Tax Rate for Q1 2026 stood at 20.1%, up from 11.68% in the prior quarter.
- The five-year high for Tax Rate was 795.92% in Q2 2022, with the low at 11.68% in Q4 2025.
- Historically, Tax Rate has averaged 65.37% across 5 years, with a median of 19.71% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 78323 bps — and 2023, when it slumped 77489 bps.
- PayPal Holdings' Tax Rate stood at 17.03% in 2022, then rose by 28 bps to 21.81% in 2023, then slipped by 6 bps to 20.5% in 2024, then plunged by 43 bps to 11.68% in 2025, then jumped by 72 bps to 20.1% in 2026.
- The last three Tax Rate figures came in at 20.1% (Q1 2026), 11.68% (Q4 2025), and 18.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 548.22 Bn | 535.81 Bn | - | 16.07 |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | 19.33 |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 21.36 |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | 19.19 |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | 20.10 |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | 23.11 |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | 4.19 |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | 16.45 |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | 20.25 |
| 10 | Credit Acceptance | 6.63 Bn | 6.61 Bn | 562.70 Mn | 22.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.10% |
| Mar 31, 2026 | 20.10% |
| Dec 31, 2025 | 11.68% |
| Dec 31, 2025 | 11.68% |
| Sep 30, 2025 | 18.59% |
| Sep 30, 2025 | 18.59% |
| Jun 30, 2025 | 17.53% |
| Jun 30, 2025 | 17.53% |
| Mar 31, 2025 | 19.71% |
| Mar 31, 2025 | 19.71% |
| Dec 31, 2024 | 20.50% |
| Dec 31, 2024 | 20.50% |
| Sep 30, 2024 | 22.96% |
| Sep 30, 2024 | 22.96% |
| Jun 30, 2024 | 19.37% |
| Jun 30, 2024 | 19.37% |
| Mar 31, 2024 | 26.55% |
| Mar 31, 2024 | 26.55% |
| Dec 31, 2023 | 21.81% |
| Dec 31, 2023 | 21.81% |