FINHUB Insights

PYPL · Q3 FY25 · Jul 1 – Sep 30, 2025

PayPal Q3 FY25: where the revenue came from and where it went

PayPal Q3 FY25: revenue $8.4B (+7% year over year). Net profit $1.2B. Largest cohort U.S. $4.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 28, 2025 10-Q
Sankey diagram of PayPal's income statement for Q3 FY25: revenue of $8.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.4B +7% year over year
Gross profit$3.9B 46% margin
Operating profit$1.5B 18% margin
Net profit$1.2B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 8.4 100% +7%
U.S. 4.8 57% +5%
Other countries 3.7 44% +10%
Cost of revenue−4.554%
Gross profit3.946% margin−1pp
Technology & development−0.810%+0pp
Sales & marketing−0.56%+0pp
G&A−0.56%+0pp
Customer support & operations−0.45%+0pp
Restructuring & other−0.11%+0pp
Operating profit1.518% margin+0pp
Tax−0.3
Net profit1.215%+2pp
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