Ticker League

PayPal (PYPL) Cash Flow Waterfall

Trace PayPal's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$6.39B

Capex

−$879.00M

Free Cash Flow

$5.51B

FCF Margin

+86.2%

Cash flow waterfall for PayPal (PYPL) — TTM through Q1 2026

Free cash flow: $5.51B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for PayPal (PYPL) — TTM through Q1 2026

  • Operating Cash Flow$6.39B
  • Capital Expenditure−$879.00M
  • Free Cash Flow$5.51B
  • Acquisitions−$122.00M
  • Other Investing$3.35B
  • Share Buybacks−$6.18B
  • Dividends Paid−$260.00M
  • Net Debt Change−$1.01B
  • Other Financing−$61.00M
  • Forex Effect$129.00M
  • Net Cash Increase$1.36B
Want to see what drove the FCF change?Free Cash Flow Bridge

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Data & methodology