← PayPal Holdings, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $10.8b
$13.1b +20.77%
$15.5b +18.00%
$17.8b +15.02%
$21.5b +20.72%
$25.4b +18.26%
$27.5b +8.46%
$29.8b +8.19%
$31.8b +6.81%
$33.2b +4.32%
$34.1b +2.88%
Research and Development Expense $834.0m $953.0m $1.1b — — — — — — — $3.2b
Technology and development — $1.7b $1.8b $2.1b $2.6b $3.0b $3.3b $3.0b $3.0b $3.1b —
Sales and marketing $969.0m $1.1b $1.3b $1.4b $1.9b $2.4b $2.3b $1.8b $2.0b $2.3b —
Selling and Marketing Expense $969.0m $1.1b $1.3b $1.4b $1.9b $2.4b $2.3b $1.8b $2.0b $2.3b $4.3b
General and Administrative Expense $1.0b $1.2b $1.5b $1.7b $2.1b $2.1b $2.1b $2.1b $2.1b $2.0b $2.0b
Amortization of Intangible Assets $150.0m $126.0m $149.0m $211.0m $451.0m $443.0m $471.0m $226.0m $207.0m $175.0m —
Operating Lease, Expense — — — $130.0m $172.0m $192.0m $202.0m $183.0m — — —
Restructuring and other — — — — — $62.0m $207.0m ($84.0m) $438.0m $331.0m —
Operating Expenses $9.3b $11.0b $13.3b $15.1b $18.2b $21.1b $23.7b $24.7b $26.5b $27.1b $27.8b
Operating Income (Loss) $1.6b
$2.1b +34.11%
$2.2b +3.15%
$2.7b +23.93%
$3.3b +20.96%
$4.3b +29.58%
$3.8b -9.97%
$5.0b +31.04%
$5.3b +5.91%
$6.1b +13.90%
$6.3b +3.58%
Interest Expense — — $77.0m $115.0m $209.0m $232.0m $304.0m $347.0m — — $461.0m
Gain (Loss) on Investments — — — $208.0m $1.9b $46.0m ($304.0m) $201.0m ($285.0m) $162.0m —
Other income (expense):
Interest Expense (non-operating) — — — — — — — — $382.0m $441.0m $461.0m
Other Nonoperating Income (Expense) — — $91.0m ($11.0m) ($17.0m) ($34.0m) ($37.0m) $49.0m $9.0m ($11.0m) —
Other income (expense), net $45.0m $73.0m $182.0m $279.0m $1.8b ($163.0m) ($471.0m) $383.0m $4.0m $227.0m ($406.0m)
Nonoperating Income (Expense) $45.0m $73.0m $182.0m $279.0m $1.8b ($163.0m) ($471.0m) $383.0m $4.0m $227.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($342.0m) ($593.0m) ($474.0m) $8.0m $1.5b $290.0m ($155.0m) $993.0m $946.0m $1.5b $5.9b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.6b $2.2b $2.4b $3.0b $5.1b $4.1b $3.4b $5.4b $5.3b $6.3b $5.9b
Current Income Tax Expense (Benefit) $178.0m $1.7b $490.0m $808.0m $698.0m $412.0m $1.8b $1.8b $951.0m $842.0m $961.0m
Income Tax Expense (Benefit) $230.0m $405.0m $319.0m $539.0m $863.0m ($70.0m) $947.0m $1.2b $1.2b $1.1b $961.0m
Net Income (Loss) Attributable to Parent $1.4b
$1.8b +28.12%
$2.1b +14.60%
$2.5b +19.54%
$4.2b +70.88%
$4.2b -0.79%
$2.4b -41.98%
$4.2b +75.53%
$4.1b -2.33%
$5.2b +26.19%
$4.9b -6.33%
Earnings Per Share, Basic $1.16 $1.49 $1.74 $2.09 $3.58 $3.55 $2.10 $3.85 $4.03 $5.46 $5.33
Earnings Per Share, Diluted $1.15 $1.47 $1.71 $2.07 $3.54 $3.52 $2.09 $3.84 $3.99 $5.41 $5.29
Common Stock, Dividends, Per Share, Declared $1.16 $1.49 $1.74 $2.09 $3.58 $3.55 $2.10 $3.85 $4.03 $0.14 —
Basic (in shares) $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.1b $1.0b $959.0m $918.0m
Diluted (in shares) $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.1b $1.0b $968.0m $924.5m
Weighted Average Number of Shares Outstanding, Basic 1.2b 1.2b 1.2b 1.2b 1.2b 1.2b 1.2b 1.1b 1.0b 959.0m 918.0m
Weighted Average Number of Shares Outstanding, Diluted 1.2b 1.2b 1.2b 1.2b 1.2b 1.2b 1.2b 1.1b 1.0b 968.0m 924.5m
Additional Financial Items
Capitalized Computer Software, Amortization — $262.0m $262.0m $298.0m $322.0m — — — — — —
Customer support and operations $1.3b $1.4b $1.5b $1.6b $1.8b $2.1b $2.1b $1.9b $1.8b $1.7b —
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — ($5.0m) $0 $22.0m $0 $104.0m — — — —
Income (Loss) Attributable to Parent, before Tax $1.6b $2.2b $2.4b $3.0b $5.1b $4.1b $3.4b $5.4b $5.3b $6.3b —
Other Cost and Expense, Operating — $132.0m $309.0m $71.0m $139.0m — — — — — —
Transaction and credit losses — — $1.3b $1.4b $1.7b $1.1b $1.6b $1.7b $1.4b $1.7b —
Transaction expense $3.3b $4.4b $5.6b $6.8b $7.9b $10.3b $12.2b $14.4b $15.7b $16.0b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.