PayPal Holdings, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $13.09B | $10.84B | $9.25B | $8.03B | $6.73B |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Gross Margin | — | — | — | — | — |
| Operating Expenses | |||||
| Research & Development | $953.0M | $834.0M | $792.0M | $747.0M | $727.0M |
| SG&A Expense | $1.26B | $1.03B | $873.0M | $733.0M | $378.0M |
| Operating Income | $2.13B | $1.59B | $1.46B | $1.27B | $1.09B |
| Operating Margin | 16.2% | 14.6% | 15.8% | 15.8% | 16.2% |
| Interest Expense | $7.0M | $3.0M | — | — | — |
| Pretax Income | $2.20B | $1.63B | $1.49B | $1.26B | $1.08B |
| Income Tax Expense | $405.0M | $230.0M | $260.0M | $842.0M | $129.0M |
| Net Income | $1.80B | $1.40B | $1.23B | $419.0M | $955.0M |
| Net Margin | 13.7% | 12.9% | 13.3% | 5.2% | 14.2% |
| EPS (Basic) | $1.49 | $1.16 | $1.00 | $0.34 | $0.78 |
| EPS (Diluted) | $1.47 | $1.15 | $1.00 | $0.34 | $0.78 |
| Shares Outstanding (Basic) | 1.20B | 1.21B | 1.22B | 1.22B | 1.22B |
| Shares Outstanding (Diluted) | 1.22B | 1.22B | 1.23B | 1.22B | 1.22B |
| Dividends Per Share | — | — | — | — | — |