PYPL · Q1 FY26 · Jan 1 – Mar 31, 2026
PayPal Q1 FY26: where the revenue came from and where it went
PayPal Q1 FY26: revenue $8.4B (+7% year over year). Net profit $1.1B. Largest cohort U.S. $4.9B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 5, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$8.4B
+7% year over year
Gross profit$3.8B
46% margin
Operating profit$1.5B
18% margin
Net profit$1.1B
13% margin
The numbers
| 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 |
Older quarters
-
Q3 FY25 9/2025Revenue $8.4B Net margin 15%
-
Q2 FY25 6/2025Revenue $8.3B Net margin 15%
-
Q1 FY25 3/2025Revenue $7.8B Net margin 17%
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