What is the current annual gross margin of PYPL?

As of today, PYPL annual gross margin is 41.48%

What is 1-year change in PYPL annual gross margin?

PYPL annual gross margin is down -8.01% year-over-year

What is 3-year change in PYPL annual gross margin?

PYPL annual gross margin is down -12.30% over the past 3 years

How far is PYPL annual gross margin from its all-time high?

PYPL annual gross margin is currently -24.69% below its historical high of 55.08% set on December 31, 2020

How does PYPL annual gross margin rank versus sector peers?

PYPL annual gross margin is higher than 72.88% of companies in Financial Services sector

When is PYPL next annual earnings release?

The next annual earnings release for PYPL is on February 2, 2027

What is the current quarterly gross margin of PYPL?

As of today, PYPL quarterly gross margin is 40.82%

What is PYPL quarterly gross margin most recent change?

PYPL quarterly gross margin was up +3.08% on September 30, 2026

What is 1-year change in PYPL quarterly gross margin?

PYPL quarterly gross margin is down -0.51% year-over-year

How far is PYPL quarterly gross margin from its all-time high?

PYPL quarterly gross margin is currently -17.82% below its historical high of 49.67% set on December 31, 2017

How does PYPL quarterly gross margin rank versus sector peers?

PYPL quarterly gross margin is higher than 73.99% of companies in Financial Services sector

When is PYPL next earnings release?

The next earnings release for PYPL is on February 2, 2027

PYPL Gross Margin History & Chart Since 2012

Annual Gross Margin

41.48%3.61%-8.01%

December 31, 2025

Summary

Current Value: As of today, PYPL annual gross margin is 41.48%, down -8.01% on December 31, 2025
Historical Performance: PYPL annual gross margin is down -12.30% over the past 3 years, down -24.69% over the past 5 years
All-Time High Comparison: PYPL annual gross margin is currently -24.69% below its historical high of 55.08% set on December 31, 2020
3-Year Low Comparison: PYPL annual gross margin is at its 3-year low
Sector Comparison: PYPL annual gross margin is higher than 72.88% of companies in Financial Services sector

Gross Margin Chart

beforeafter

Performance

PYPL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	41.48%	-8.0%	-12.3%	-24.7%	-8.2%
Quarterly Gross Margin	Sep 30, 26	40.82%	-0.5%	+4.8%	-12.1%	-10.6%
Price	Oct 30, 26	$57.01	-16.1%	+11.7%	-75.5%	–
PE Ratio	Oct 30, 26	10.87	-20.3%	-28.5%	-80.6%	–
Annual Revenue	Dec 31, 25	$33.34B	+4.9%	+23.2%	+55.5%	+493.4%
Annual Gross Profit	Dec 31, 25	$13.76B	-4.0%	+7.5%	+16.6%	+442.0%
Annual Operating Margin	Dec 31, 25	19.28%	+6.5%	+45.6%	+21.3%	+26.7%
Annual Net Margin	Dec 31, 25	15.78%	+20.9%	+76.5%	-19.5%	+13.9%

Gross Margin Highs

PYPL Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	47.30%	N/A	-12.3%
5Y	55.08%	N/A	-24.7%
All	55.08%	Dec 31, 20	-24.7%

Gross Margin Lows

PYPL Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	41.48%	Dec 31, 25	at low
5Y	41.48%	Dec 31, 25	at low
All	41.48%	Dec 31, 25	at low

Gross Margin History

Year	Value	Change
2025	41.48%	-8.0%
2024	45.09%	-0.3%
2023	45.23%	-4.4%
2022	47.30%	-0.2%
2021	47.38%	-14.0%
2020	55.08%	+5.4%
2019	52.28%	+2.0%

Year	Value	Change
2018	51.24%	-2.0%
2017	52.28%	+1.8%
2016	51.37%	-1.2%
2015	52.01%	+14.1%
2014	45.58%	+2.6%
2013	44.44%	-1.7%
2012	45.19%	-

FAQ

What is the current annual gross margin of PYPL?: As of today, PYPL annual gross margin is 41.48%
What is 1-year change in PYPL annual gross margin?: PYPL annual gross margin is down -8.01% year-over-year
What is 3-year change in PYPL annual gross margin?: PYPL annual gross margin is down -12.30% over the past 3 years
How far is PYPL annual gross margin from its all-time high?: PYPL annual gross margin is currently -24.69% below its historical high of 55.08% set on December 31, 2020
How does PYPL annual gross margin rank versus sector peers?: PYPL annual gross margin is higher than 72.88% of companies in Financial Services sector
When is PYPL next annual earnings release?: The next annual earnings release for PYPL is on February 2, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

40.82%1.22%+3.08%

September 30, 2026

Summary

Current Value: As of today, PYPL quarterly gross margin is 40.82%, up +3.08% on September 30, 2026
Historical Performance: PYPL quarterly gross margin is down -0.51% year-over-year, up +4.75% over the past 3 years
All-Time High Comparison: PYPL quarterly gross margin is currently -17.82% below its historical high of 49.67% set on December 31, 2017
3-Year Low Comparison: PYPL quarterly gross margin is +4.75% above its 3-year low of 38.97% reached on an earlier date
Sector Comparison: PYPL quarterly gross margin is higher than 73.99% of companies in Financial Services sector

Performance

PYPL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	40.82%	+3.1%	-0.5%	+4.8%	-12.1%
Annual Gross Margin	Dec 31, 25	41.48%	–	-8.0%	-12.3%	-24.7%
Price	Oct 30, 26	$57.01	-1.1%	-16.1%	+11.7%	-75.5%
PE Ratio	Oct 30, 26	10.87	-0.2%	-20.3%	-28.5%	-80.6%
Quarterly Revenue	Sep 30, 26	$8.56B	-1.3%	+1.1%	+15.5%	+37.5%
Quarterly Gross Profit	Sep 30, 26	$3.50B	+1.7%	+0.6%	+21.0%	+20.9%
Quarterly Operating Margin	Sep 30, 26	19.15%	+7.8%	-1.1%	+18.3%	+9.6%
Quarterly Net Margin	Sep 30, 26	12.53%	-1.5%	-15.0%	-8.9%	-28.2%

Quarterly Gross Margin Highs

PYPL Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	41.90%	Dec 31, 25	-2.6%
3Y	42.33%	Mar 31, 25	-3.6%
5Y	46.42%	N/A	-12.1%
All	49.67%	Dec 31, 17	-17.8%

Quarterly Gross Margin Lows

PYPL Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	39.60%	Jun 30, 26	+3.1%
3Y	38.97%	N/A	+4.8%
5Y	38.91%	Jun 30, 23	+4.9%
All	37.85%	Sep 30, 17	+7.8%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	40.82%	+3.1%
Jun 2026	39.60%	-3.2%
Mar 2026	40.89%	-2.4%
Dec 2025	41.90%	+2.1%
Sep 2025	41.03%	-2.1%
Jun 2025	41.89%	-1.0%
Mar 2025	42.33%	+2.3%
Dec 2024	41.37%	+0.4%
Sep 2024	41.21%	+2.9%
Jun 2024	40.05%	+1.7%
Mar 2024	39.39%	-1.5%
Dec 2023	39.99%	+2.6%
Sep 2023	38.97%	+0.2%
Jun 2023	38.91%	-2.0%
Mar 2023	39.70%	-3.6%
Dec 2022	41.18%	-2.5%
Sep 2022	42.24%	+5.9%
Jun 2022	39.87%	-5.5%
Mar 2022	42.20%	-5.3%
Dec 2021	44.56%	-4.0%
Sep 2021	46.42%	-5.7%
Jun 2021	49.20%	-0.9%
Mar 2021	49.67%	+3.6%
Dec 2020	47.95%	-1.3%
Sep 2020	48.59%	+0.7%
Jun 2020	48.24%	+19.5%

Month	Value	Change
Mar 2020	40.36%	-8.9%
Dec 2019	44.28%	+1.6%
Sep 2019	43.57%	-2.8%
Jun 2019	44.81%	+1.6%
Mar 2019	44.11%	+9.7%
Dec 2018	40.20%	+1.1%
Sep 2018	39.77%	-5.3%
Jun 2018	42.00%	-1.6%
Mar 2018	42.67%	-14.1%
Dec 2017	49.67%	+31.2%
Sep 2017	37.85%	-2.4%
Jun 2017	38.79%	-0.8%
Mar 2017	39.11%	-0.6%
Dec 2016	39.34%	+0.9%
Sep 2016	38.99%	-4.8%
Jun 2016	40.97%	-0.5%
Mar 2016	41.16%	-0.6%
Dec 2015	41.40%	+2.3%
Sep 2015	40.45%	-5.6%
Jun 2015	42.86%	-2.6%
Mar 2015	43.99%	-1.9%
Dec 2014	44.82%	+0.5%
Sep 2014	44.60%	-5.7%
Jun 2014	47.31%	+3.7%
Mar 2014	45.64%	-

FAQ

What is the current quarterly gross margin of PYPL?: As of today, PYPL quarterly gross margin is 40.82%
What is PYPL quarterly gross margin most recent change?: PYPL quarterly gross margin was up +3.08% on September 30, 2026
What is 1-year change in PYPL quarterly gross margin?: PYPL quarterly gross margin is down -0.51% year-over-year
How far is PYPL quarterly gross margin from its all-time high?: PYPL quarterly gross margin is currently -17.82% below its historical high of 49.67% set on December 31, 2017
How does PYPL quarterly gross margin rank versus sector peers?: PYPL quarterly gross margin is higher than 73.99% of companies in Financial Services sector
When is PYPL next earnings release?: The next earnings release for PYPL is on February 2, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

PYPL Official Website www.paypal.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1633917/000163391726000024/0001633917-26-000024-index.htm
PYPL Profile on Yahoo Finance finance.yahoo.com/quote/PYPL
PYPL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/pypl