PayPal Holdings annual operating expenses
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2025
PayPal Holdings Operating Expenses Growth & History (PYPL)
PayPal Holdings's operating expenses was $27.11B for fiscal 2025.
View full PayPal Holdings company overviewPayPal Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $27.11B | $635.0M | +2.40% |
| 2024 | 2024-12-31 | $26.47B | $1.73B | +6.99% |
| 2023 | 2023-12-31 | $24.74B | $1.06B | +4.48% |
| 2022 | 2022-12-31 | $23.68B | $2.57B | +12.18% |
| 2021 | 2021-12-31 | $21.11B | $2.94B | +16.21% |
| 2020 | 2020-12-31 | $18.16B | $3.11B | +20.67% |
| 2019 | 2019-12-31 | $15.05B | $1.80B | +13.55% |
| 2018 | 2018-12-31 | $13.26B | $2.29B | +20.88% |
| 2017 | 2017-12-31 | $10.97B | $1.71B | +18.49% |
| 2016 | 2016-12-31 | $9.26B | $1.47B | +18.86% |
| 2015 | 2015-12-31 | $7.79B | $1.03B | +15.24% |
| 2014 | 2014-12-31 | $6.76B | $1.12B | +19.89% |
| 2013 | 2013-12-31 | $5.64B | — | — |
PayPal Holdings quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.36B | −$4.42B | −65.21% |
| Q1 2026 | 2026-03-31 | $6.87B | $604.0M | +9.65% |
| Q4 2025 | 2025-12-31 | $7.17B | $240.0M | +3.47% |
| Q3 2025 | 2025-09-30 | $6.90B | $441.0M | +6.83% |
| Q2 2025 | 2025-06-30 | $6.78B | $224.0M | +3.41% |
| Q1 2025 | 2025-03-31 | $6.26B | −$270.0M | −4.13% |
| Q4 2024 | 2024-12-31 | $6.92B | $627.0M | +9.96% |
| Q3 2024 | 2024-09-30 | $6.46B | $206.0M | +3.30% |
| Q2 2024 | 2024-06-30 | $6.56B | $406.0M | +6.60% |
| Q1 2024 | 2024-03-31 | $6.53B | $490.0M | +8.11% |
| Q4 2023 | 2023-12-31 | $6.30B | $159.0M | +2.59% |
| Q3 2023 | 2023-09-30 | $6.25B | $522.0M | +9.11% |
| Q2 2023 | 2023-06-30 | $6.15B | $112.0M | +1.85% |
| Q1 2023 | 2023-03-31 | $6.04B | $269.0M | +4.66% |
| Q4 2022 | 2022-12-31 | $6.14B | $271.0M | +4.62% |
| Q3 2022 | 2022-09-30 | $5.73B | $589.0M | +11.46% |
| Q2 2022 | 2022-06-30 | $6.04B | $931.0M | +18.22% |
| Q1 2022 | 2022-03-31 | $5.77B | $781.0M | +15.65% |
| Q4 2021 | 2021-12-31 | $5.87B | $715.0M | +13.88% |
| Q3 2021 | 2021-09-30 | $5.14B | $657.0M | +14.66% |
| Q2 2021 | 2021-06-30 | $5.11B | $801.0M | +18.58% |
| Q1 2021 | 2021-03-31 | $4.99B | $771.0M | +18.27% |
| Q4 2020 | 2020-12-31 | $5.15B | $991.0M | +23.81% |
| Q3 2020 | 2020-09-30 | $4.48B | $801.0M | +21.76% |
| Q2 2020 | 2020-06-30 | $4.31B | $710.0M | +19.72% |
| Q1 2020 | 2020-03-31 | $4.22B | $610.0M | +16.90% |
| Q4 2019 | 2019-12-31 | $4.16B | $534.0M | +14.72% |
| Q3 2019 | 2019-09-30 | $3.68B | $488.0M | +15.28% |
| Q2 2019 | 2019-06-30 | $3.60B | $315.0M | +9.59% |
| Q1 2019 | 2019-03-31 | $3.61B | $459.0M | +14.57% |
| Q4 2018 | 2018-12-31 | $3.63B | $727.0M | +25.06% |
| Q3 2018 | 2018-09-30 | $3.19B | $377.0M | +13.39% |
| Q2 2018 | 2018-06-30 | $3.29B | $579.0M | +21.40% |
| Q1 2018 | 2018-03-31 | $3.15B | $607.0M | +23.86% |
| Q4 2017 | 2017-12-31 | $2.90B | $380.0M | +15.07% |
| Q3 2017 | 2017-09-30 | $2.82B | $497.0M | +21.43% |
| Q2 2017 | 2017-06-30 | $2.71B | $427.0M | +18.74% |
| Q1 2017 | 2017-03-31 | $2.54B | $407.0M | +19.05% |
| Q4 2016 | 2016-12-31 | $2.52B | $376.0M | +17.53% |
| Q3 2016 | 2016-09-30 | $2.32B | $391.0M | +20.28% |
| Q2 2016 | 2016-06-30 | $2.28B | $380.0M | +20.01% |
| Q1 2016 | 2016-03-31 | $2.14B | $322.0M | +17.74% |
| Q4 2015 | 2015-12-31 | $2.15B | — | — |
| Q3 2015 | 2015-09-30 | $1.93B | $225.0M | +13.21% |
| Q2 2015 | 2015-06-30 | $1.90B | $246.0M | +14.88% |
| Q1 2015 | 2015-03-31 | $1.81B | — | — |
| Q3 2014 | 2014-09-30 | $1.70B | — | — |
| Q2 2014 | 2014-06-30 | $1.65B | — | — |
PayPal Holdings operating expenses trends
Over the last five fiscal years, PayPal Holdings's operating expenses increased from $18.16B to $27.11B, a change of $8.94B. The latest reported quarter, Q2 2026, shows $2.36B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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