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PYPL · Financials · Market cap $48.7B

Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026

Revenue$8.4B +7% year over year

Gross profit$3.8B

Operating profit$1.5B

Net profit$1.1B 13% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	8.4	100%	+7%
U.S.	4.9	58%	+9%
Other countries	3.5	42%	+4%
Cost of revenue	−4.5	54%
Gross profit	3.8	46% margin	−2pp
Technology & development	−0.8	9%	+0pp
Sales & marketing	−0.5	6%	+0pp
G&A	−0.5	6%	+0pp
Customer support & operations	−0.4	5%	+0pp
Restructuring & other	−0.1	1%	+0pp
Operating profit	1.5	18% margin	−2pp
Tax	−0.3
Interest & other costs	−0.1
Net profit	1.1	13%	−3pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	8.4	100%	+7%
U.S.	4.8	57%	+5%
Other countries	3.7	44%	+10%
Cost of revenue	−4.5	54%
Gross profit	3.9	46% margin	−1pp
Technology & development	−0.8	10%	+0pp
Sales & marketing	−0.5	6%	+0pp
G&A	−0.5	6%	+0pp
Customer support & operations	−0.4	5%	+0pp
Restructuring & other	−0.1	1%	+0pp
Operating profit	1.5	18% margin	+0pp
Tax	−0.3
Net profit	1.2	15%	+2pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	8.3	100%	+5%
U.S.	4.7	57%
Other countries	3.6	43%
Cost of revenue	−4.4	53%
Gross profit	3.8	46% margin	+1pp
Technology & development	−0.7	9%	+0pp
Sales & marketing	−0.6	7%	+0pp
G&A	−0.5	6%	+0pp
Customer support & operations	−0.4	5%	+0pp
Restructuring & other	−0.1	1%	+0pp
Operating profit	1.5	18% margin	+1pp
Tax	−0.2
Net profit	1.3	15%	+1pp

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	7.8	100%	+1%
U.S.	4.5	58%
Other countries	3.3	42%
Cost of revenue	−4.1	53%
Gross profit	3.7	48% margin	+3pp
Technology & development	−0.7	9%	+0pp
G&A	−0.5	6%	+0pp
Sales & marketing	−0.5	6%	+0pp
Customer support & operations	−0.4	5%	+0pp
Restructuring & other	−0.1	1%	+0pp
Operating profit	1.5	20% margin	+4pp
Tax	−0.3
Net profit	1.3	17%	+5pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	May 5, 2026	$8.4B	+7%	18%	$1.1B	13%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 28, 2025	$8.4B	+7%	18%	$1.2B	15%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 29, 2025	$8.3B	+5%	18%	$1.3B	15%
Q1 FY25	Jan 1 – Mar 31, 2025	Apr 29, 2025	$7.8B	+1%	19%	$1.3B	17%