PayPal Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.17B | $31.80B | $29.77B | $27.52B | $25.37B | $21.45B | $17.77B | $15.45B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | $1.07B |
| SG&A Expense | $1.98B | $2.15B | $2.06B | $2.10B | $2.11B | $2.07B | $1.71B | $1.54B |
| Operating Income | $6.07B | $5.33B | $5.03B | $3.84B | $4.26B | $3.29B | $2.72B | $2.19B |
| Operating Margin | 18.3% | 16.7% | 16.9% | 13.9% | 16.8% | 15.3% | 15.3% | 14.2% |
| Interest Expense | — | — | $347.0M | $304.0M | $232.0M | $209.0M | $115.0M | $77.0M |
| Pretax Income | — | — | — | $3.37B | $4.10B | $5.07B | $3.00B | $2.38B |
| Income Tax Expense | $1.06B | $1.18B | $1.17B | $947.0M | $-70.0M | $863.0M | $539.0M | $319.0M |
| Net Income | $5.23B | $4.15B | $4.25B | $2.42B | $4.17B | $4.20B | $2.46B | $2.06B |
| Net Margin | 15.8% | 13.0% | 14.3% | 8.8% | 16.4% | 19.6% | 13.8% | 13.3% |
| EPS (Basic) | $5.46 | $4.03 | $3.85 | $2.10 | $3.55 | $3.58 | $2.09 | $1.74 |
| EPS (Diluted) | $5.41 | $3.99 | $3.84 | $2.09 | $3.52 | $3.54 | $2.07 | $1.71 |
| Shares Outstanding (Basic) | 959.0M | 1.03B | 1.10B | 1.15B | 1.17B | 1.17B | 1.17B | 1.18B |
| Shares Outstanding (Diluted) | 968.0M | 1.04B | 1.11B | 1.16B | 1.19B | 1.19B | 1.19B | 1.20B |
| Dividends Per Share | $0.14 | — | — | — | — | — | — | — |