Gross Profit for PayPal (PYPL)
According to PayPal's latest reported financial statements, the company's current gross profit (TTM) is $15.46B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

PYPL
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$15.46B
YoY change
+5.5%
5Y CAGR
+5.6%
Peak year (2025)
$15.46B
Cumulative gross profit
$134.85B
Gross Profit history chart for PayPal (PYPL) from 2012 to 2025
Gross Profit history table for PayPal (PYPL) from 2012 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $15.46B | +5.5% | ||
| 2024 | $14.66B | +7.0% | ||
| 2023 | $13.70B | -0.5% | ||
| 2022 | $13.77B | -1.6% | ||
| 2021 | $14.00B | +18.8% | ||
| 2020 | $11.78B | +22.7% | ||
| 2019 | $9.60B | +11.7% | ||
| 2018 | $8.60B | +12.2% | ||
| 2017 | $7.66B | +19.6% | ||
| 2016 | $6.41B | +9.9% | ||
| 2015 | $5.83B | +11.9% | ||
| 2014 | $5.21B | +18.7% | ||
| 2013 | $4.39B | +16.2% | ||
| 2012 | $3.78B | — |
Gross Profit values are taken from PayPal's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of PayPal (PYPL) gross profit is $15.46B – grew 5.5% year-over-year.
Through 2020–2025 (5 years), PayPal gross profit delivered a +5.6% annualised rate; sustaining 2 straight years of year-over-year growth.
2025 marks the peak gross profit at $15.46B, with the historical low of $3.78B recorded in 2012.
Within Financial Services, PayPal (PYPL) ranks 9th among 8 peers we track. The peer median for gross profit is $72.83B.
PayPal Gross Profit by Year
PayPal Gross Profit 2025: $15.46B
PayPal gross profit in 2025 was $15.46B, grew 5.5% from 2024. This figure represents the highest annual value in the available history.
PayPal Gross Profit 2024: $14.66B
PayPal gross profit in 2024 was $14.66B, grew 7.0% from 2023.
PayPal Gross Profit 2023: $13.70B
PayPal gross profit in 2023 was $13.70B, edged down 0.5% below 2022.
PayPal Gross Profit 2022: $13.77B
PayPal gross profit in 2022 was $13.77B, edged down 1.6% below 2021.
PayPal Gross Profit 2021: $14.00B
PayPal gross profit in 2021 was $14.00B.
See more financial history for PayPal (PYPL).
Sector peers — Gross Profit
Companies in the same sector as PayPal, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is PayPal's gross profit?
- Latest reported gross profit for PayPal (PYPL) is $15.46B (period ending December 31, 2025).
How has PayPal gross profit changed year-over-year?
- PayPal (PYPL) gross profit changed +5.5% year-over-year on the latest annual filing.
What is the long-term growth rate of PayPal gross profit?
- PayPal (PYPL) gross profit compound annual growth rate is +5.6% over the most recent 5 years available.
When did PayPal gross profit hit its highest annual value?
- PayPal gross profit reached its highest annual value of $15.46B in 2025.
What was PayPal gross profit in 2024?
- PayPal (PYPL) gross profit in 2024 was $14.66B.
What was PayPal gross profit in 2025?
- PayPal (PYPL) gross profit in 2025 was $15.46B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
PYPL Overview
Company profile, financial tools, and key metrics
PYPL Revenue Counter
Earns $1,052 every second. See per minute, hour, and day.
PYPL Earnings Counter
Earns $165.94 per second net profit. See per minute, hour, and day.
PYPL Economic Scale
Exceeds Senegal's GDP. Compare with world economies.
PYPL What If Invested
What if you had invested $1,000? See historical returns from any date.
PYPL How It Makes Money
Discover visual breakdown of $33.17B in revenue — where it comes from and where it goes.
PYPL Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PYPL Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PYPL Daily Price Character
Balanced · 52.1% historical win rate (green days). Streaks & record days.
PYPL Buybacks
11.13% TTM buyback yield. Shareholder yield & SBC comparison.
PYPL Dividend Profile
Yield: 0.55%. See full history.
PYPL Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PYPL Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.