SuperworthPayPal profit margin PYPL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 14.4%
- Operating margin, 12 months
- 17.4%
- Net margin on a year earlier
- −0.1 pts
- Peer median
- 15.3%
Over the twelve months to Jun 30, 2026, PayPal kept 14.4% of its revenue as net profit, with an operating margin of 17.4%.
Five years earlier its net margin was 20.4%.
The median for 10 credit services stocks of a similar size is 15.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 15.8% | 18.3% |
| FY2024 | 13.0% | 16.7% |
| FY2023 | 14.3% | 16.9% |
| FY2022 | 8.8% | 13.9% |
| FY2021 | 16.4% | 16.8% |
| FY2020 | 19.6% | 15.3% |
| FY2019 | 13.8% | 15.3% |
| FY2018 | 13.3% | 14.2% |
| FY2017 | 13.7% | 16.2% |
| FY2016 | 12.9% | 14.6% |
| FY2015 | 13.3% | 15.8% |
| FY2014 | 5.2% | 15.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 14.4% | −0.1 pts | 17.4% | |
| Q1 FY26 | 15.0% | +0.7 pts | 17.9% | |
| Q4 FY25 | 15.8% | +2.7 pts | 18.3% | |
| Q3 FY25 | 15.0% | +0.9 pts | 18.2% | |
| Q2 FY25 | 14.5% | +0.2 pts | 18.2% | |
| Q1 FY25 | 14.3% | −0.0 pts | 17.8% | |
| Q4 FY24 | 13.0% | −1.2 pts | 16.7% | |
| Q3 FY24 | 14.1% | +1.2 pts | 17.8% | |
| Q2 FY24 | 14.3% | +0.0 pts | 17.4% | |
| Q1 FY24 | 14.3% | +4.6 pts | 17.1% | |
| Q4 FY23 | 14.3% | +5.5 pts | 16.9% | |
| Q3 FY23 | 12.9% | +4.4 pts | 15.6% |
Against its peers
Companies in Financial - Credit Services nearest PayPal's size, closest first, today.
| Company | Profit margin |
|---|---|
| PYPLPayPal | 14.4% |
| SYFSynchrony Financial | 18.3% |
| AFRMAffirm | 45.3% |
| GPNGlobal Payments | −9.1% |
| COFCapital One Financial | 17.2% |
| SOFISoFi Technologies | 14.8% |
| RBARB Global | 10.0% |
| CSGPCostar | 2.1% |
| CARTMaplebear | 12.0% |
| AXPAmerican Express | 15.8% |
| HQYHealthequity | 17.4% |
| Peer median | 15.3% |
Where PayPal ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on PayPal
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.