FINHUB Insights

PYPL · Q2 FY25 · Apr 1 – Jun 30, 2025

PayPal Q2 FY25: where the revenue came from and where it went

PayPal Q2 FY25: revenue $8.3B (+5% year over year). Net profit $1.3B. Largest cohort U.S. $4.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 29, 2025 10-Q
Sankey diagram of PayPal's income statement for Q2 FY25: revenue of $8.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.3B +5% year over year
Gross profit$3.8B 46% margin
Operating profit$1.5B 18% margin
Net profit$1.3B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 8.3 100% +5%
U.S. 4.7 57%
Other countries 3.6 43%
Cost of revenue−4.453%
Gross profit3.846% margin+1pp
Technology & development−0.79%+0pp
Sales & marketing−0.67%+0pp
G&A−0.56%+0pp
Customer support & operations−0.45%+0pp
Restructuring & other−0.11%+0pp
Operating profit1.518% margin+1pp
Tax−0.2
Net profit1.315%+1pp
Filing on EDGAR More quarters of PYPL

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters