Investing
CapEx
PayPal Holdings, Inc. CapEx increased by 19.1% to $231.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.9%, from $196.00M to $231.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a -1.6% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $247.00M | $227.00M | $213.00M | $191.00M | $175.00M | $182.00M | $158.00M | $170.00M | $150.00M | $158.00M | $145.00M | $154.00M | $157.00M | $169.00M | $203.00M | $196.00M | $206.00M | $256.00M | $194.00M | $231.00M |
| QoQ Change | — | -8.1% | -6.2% | -10.3% | -8.4% | +4.0% | -13.2% | +7.6% | -11.8% | +5.3% | -8.2% | +6.2% | +1.9% | +7.6% | +20.1% | -3.4% | +5.1% | +24.3% | -24.2% | +19.1% |
| YoY Change | — | — | — | — | -29.1% | -19.8% | -25.8% | -11.0% | -14.3% | -13.2% | -8.2% | -9.4% | +4.7% | +7.0% | +40.0% | +27.3% | +31.2% | +51.5% | -4.4% | +17.9% |
Range$145.00M – $256.00M
CAGR-1.4%
Avg YoY Growth+2.8%
Median YoY Growth-6.3%
CapEx at Other Companies
Frequently Asked Questions
- What is PayPal Holdings, Inc.'s capex?
- PayPal Holdings, Inc. (PYPL) reported capex of $231.00M in Q1 2026.
- How has PayPal Holdings, Inc.'s capex changed year-over-year?
- PayPal Holdings, Inc.'s capex increased by 17.9% year-over-year, from $196.00M to $231.00M.
- What is the long-term trend for PayPal Holdings, Inc.'s capex?
- Over 4 years (2021 to 2025), PayPal Holdings, Inc.'s capex has grown at a -1.6% compound annual growth rate (CAGR), from $908.00M to $852.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.