Tax

PayPal Holdings, Inc.·Income Statement·54 metrics

Breakdown

Metric	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Income tax expense	$271M	$301M	$289M	$316M	$268M	$285M	$190M	$280M
Cash Paid for Income Taxes	$739M	$153M	$52M	$95M	$742M	$196M	$66M	$7M
Income Taxes Paid, Net	$739M	$153M	$52M	$95M	$742M	$196M	$66M	$7M
Income Taxes Paid, Net	$739M	$153M	$52M	$95M	$742M	$196M	$66M	$7M
Income and Other Taxes	$739M	$153M	$52M	$95M	$742M	$196M	$66M	$7M
Effective Tax Rate (Continuing Operations)	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate, Continuing Operations	19.0%	23.0%	—	20.0%	18.0%	19.0%	—	20.0%
Effective Income Tax Rate, Continuing Operations	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate (Continuing Operations)	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate (Continuing Operations)	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate (Continuing Operations)	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Income Tax Rate	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate, Continuing Operations	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Effective Tax Rate Continuing Operations	$0.2	$0.2	—	$0.2	$0.2	$0.2	—	$0.2
Unrecognized Tax Benefits Current Period Increases	$70M	$70M	$70M	$69M	$69M	$69M	$69M	—
Unrecognized Tax Benefits Prior Period Decreases	$50.3M	$50.3M	$50.3M	$38.8M	$38.8M	$38.8M	$38.8M	—
Current income tax expense (benefit)	$237.8M	$237.8M	$237.8M	$210.5M	$210.5M	$210.5M	$210.5M	—
Deferred Foreign Tax Expense (Benefit)	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Stock-Based Compensation Tax Benefit	$59.5M	$59.5M	$59.5M	$56.8M	$56.8M	$56.8M	$56.8M	—
State and Local Income Taxes, Net	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Income Tax Examination Penalties and Interest	$12.5M	$12.5M	$12.5M	$18.3M	$18.3M	$18.3M	$18.3M	—
Tax Reconciliation: Other Adjustments	0.1%	0.1%	0.1%	—	—	—	—	—
Tax Reconciliation: Research and Other Credits	—	—	—	0.4%	0.4%	0.4%	0.4%	—
Tax Reconciliation: Change in Valuation Allowance	$0	$0	$0	$0	$0	$0	$0	—
Current State Tax Expense	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Tax Reconciliation, Foreign Rate Differential	-$0	-$0	-$0	—	—	—	—	—
Tax Reconciliation, Other Items	$0	$0	$0	—	—	—	—	—
Tax Reconciliation, State and Local Taxes	$0	$0	$0	-$0	-$0	-$0	-$0	—
Tax Reconciliation, Valuation Allowance Change	—	—	—	$78M	$78M	$78M	$78M	—
Current State and Local Tax Expense (Benefit)	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense (Benefit)	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Share-Based Compensation Tax Benefit	$59.5M	$59.5M	$59.5M	$56.8M	$56.8M	$56.8M	$56.8M	—
Income Tax Penalties and Interest Expense	$12.5M	$12.5M	$12.5M	$18.3M	$18.3M	$18.3M	$18.3M	—
Current State and Local Tax Expense	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Share-Based Compensation Tax Benefit	$59.5M	$59.5M	$59.5M	$56.8M	$56.8M	$56.8M	$56.8M	—
Unrecognized Tax Benefits Reevaluation (Statute Lapse)	$9.8M	$9.8M	$9.8M	$11.5M	$11.5M	$11.5M	$11.5M	—
Current Income Tax Expense	$237.8M	$237.8M	$237.8M	$210.5M	$210.5M	$210.5M	$210.5M	—
Current State and Local Tax Expense (Benefit)	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Tax Reconciliation: Nondeductible Expenses	—	—	—	$11.8M	$11.8M	$11.8M	$11.8M	—
Change in Tax Valuation Allowance	—	—	—	$78M	$78M	$78M	$78M	—
Current State and Local Tax Expense (Benefit)	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense (Benefit)	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Current State and Local Tax Expense (Benefit)	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense (Benefit)	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Tax Examination Penalties and Interest	$12.5M	$12.5M	$12.5M	$18.3M	$18.3M	$18.3M	$18.3M	—
Current State and Local Tax Expense	$26.8M	$26.8M	$26.8M	$16.3M	$16.3M	$16.3M	$16.3M	—
Deferred Foreign Tax Expense	-$4.5M	-$4.5M	-$4.5M	-$15.8M	-$15.8M	-$15.8M	-$15.8M	—
Income Tax Examination Penalties and Interest Expense	$12.5M	$12.5M	$12.5M	$18.3M	$18.3M	$18.3M	$18.3M	—
Tax Reconciliation Other Adjustments	$0	$0	$0	—	—	—	—	—
Tax Reconciliation State and Local Taxes	$0	$0	$0	-$0	-$0	-$0	-$0	—

Metrics

Tax

Breakdown

Metrics

Unrecognized Tax Benefits Current Period Increases

Unrecognized Tax Benefits Prior Period Decreases

Effective Tax Rate (Continuing Operations)

Effective Tax Rate

Cash Paid for Income Taxes

Current income tax expense (benefit)

Deferred Foreign Tax Expense (Benefit)

Effective Tax Rate, Continuing Operations

Stock-Based Compensation Tax Benefit

State and Local Income Taxes, Net

Income Tax Examination Penalties and Interest

Tax Reconciliation: Other Adjustments

Tax Reconciliation: Research and Other Credits

Tax Reconciliation: Change in Valuation Allowance

Current State Tax Expense

Deferred Foreign Tax Expense

Effective Income Tax Rate, Continuing Operations

Tax Reconciliation, Foreign Rate Differential

Tax Reconciliation, Other Items

Tax Reconciliation, State and Local Taxes

Tax Reconciliation, Valuation Allowance Change

Effective Tax Rate

Current State and Local Tax Expense (Benefit)

Deferred Foreign Tax Expense (Benefit)

Effective Tax Rate (Continuing Operations)

Income Taxes Paid, Net

Share-Based Compensation Tax Benefit

Income Tax Penalties and Interest Expense

Current State and Local Tax Expense

Deferred Foreign Tax Expense

Income tax expense

Effective Tax Rate (Continuing Operations)

Share-Based Compensation Tax Benefit

Unrecognized Tax Benefits Reevaluation (Statute Lapse)

Current Income Tax Expense

Current State and Local Tax Expense (Benefit)

Effective Tax Rate (Continuing Operations)

Income Taxes Paid, Net

Effective Income Tax Rate

Tax Reconciliation: Nondeductible Expenses

Change in Tax Valuation Allowance

Current State and Local Tax Expense (Benefit)

Deferred Foreign Tax Expense (Benefit)

Effective Tax Rate, Continuing Operations

Current State and Local Tax Expense (Benefit)

Deferred Foreign Tax Expense (Benefit)

Income and Other Taxes

Tax Examination Penalties and Interest

Current State and Local Tax Expense

Deferred Foreign Tax Expense

Effective Tax Rate Continuing Operations

Income Tax Examination Penalties and Interest Expense

Tax Reconciliation Other Adjustments

Tax Reconciliation State and Local Taxes