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PayPal Holdings, Inc. PYPL Transaction and credit losses

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Other financials

Income statement

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Revenue$8.7B+4.8%
Operating income$1.4B-5.1%
Net income$1.3B+3.9%
EPS (diluted)$1.25-3.1%

Balance sheet

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Cash & equivalents$22.0B+15.8%
Total debt$11.7B-2.4%
Total equity$19.8B-1.9%
Total assets$82.7B+3.7%

Cash flow

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Operating cash flow$2.0B+121%
CapEx$208.0M+1.0%
Free cash flow$1.8B+157%

Valuation

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Market cap$49.56B-25.3%
Enterprise value$39.3B-33.8%
P/E8.9×-3.7×
P/S1.5×-0.6×

Profitability

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Operating margin17.4%-0.7pp
Net margin16.4%0.0pp
FCF margin19.3%+2.9pp

Returns & leverage

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Return on equity27.9%+2.1pp
Debt / equity0.6×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by PayPal Holdings, Inc. in its filing.

Tagged under the XBRL concept pypl:TransactionAndCreditLosses.

The source filing: PayPal Holdings, Inc.’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001633917-26-000082
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net revenues$8,682$8,288$17,035$16,079
Operating expenses:
Transaction expense4,3853,9688,5507,672
Transaction and credit losses397476775847
Customer support and operations462413908811
Sales and marketing5465831,0641,071
Technology and development8497671,6421,498
General and administrative503461994964

Item 1. Condensed Consolidated Balance Sheets

FAQ

What is PayPal Holdings, Inc.'s transaction and credit losses?
PayPal Holdings, Inc. (PYPL) reported transaction and credit losses of $397M in Q2 2026.
How has PayPal Holdings, Inc.'s transaction and credit losses changed year-over-year?
PayPal Holdings, Inc.'s transaction and credit losses decreased by 16.6% year-over-year, from $476M to $397M.
What is the long-term trend for PayPal Holdings, Inc.'s transaction and credit losses?
Over 4 years (2021 to 2025), PayPal Holdings, Inc.'s transaction and credit losses has grown at a 12.9% compound annual growth rate (CAGR), from $1.06B to $1.72B.
What does transaction and credit losses mean?
Provisions for losses arising from fraudulent transactions, chargebacks, and defaults on credit products offered to customers. This reflects the risk management effectiveness of the company's underwriting and fraud detection systems. High levels of these losses can significantly impact net profitability and indicate potential weaknesses in credit risk assessment.

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