PYPL Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), PYPL reported revenue of $8.4B, gross profit of $3.8B (45.6% gross margin), operating income of $1.5B, and net income of $1.1B (13.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
PYPL was profitable; revenue fell 0.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −0.8% | −10.8% | −1.5 pp |
Consensus estimate data is not available for this report.
PYPL Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $8.4B | 100% |
| Cost of Revenue | −$4.5B | 54.4% |
| Gross Profit | $3.8B | 45.6% |
| Research & Development | −$793M | 9.5% |
| Selling, General & Administrative | −$1.0B | 12.1% |
| Other Operating Expenses | −$74M | 0.9% |
| Operating Income | $1.5B | 17.8% |
| Other Income, net | −$95M | 1.1% |
| Income Tax Expense | −$280M | 3.4% |
| Net Income | $1.1B | 13.3% |
Source: original SEC filing (filed 2026-05-05). Accession 0001633917-26-000065. Data normalized by EarningsFyi.