PYPL at a glance
PayPal (PYPL, SEC CIK 1633917) filed its latest 10-K annual report on February 3, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and Form 4 insider filings as recently as September 16, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), PayPal (PYPL) reported revenue of $33.2 billion (up 4.3% from FY2024) and net income of $5.2 billion. Diluted EPS was $5.41.
- As of June 30, 2026, 52 institutional investment managers tracked by SignalX reported holding PayPal (PYPL) shares worth $14.1 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Kereere Suzan on September 3, 2026 of 1,284 shares at $56.69 per share.
- In the last 90 days, PYPL insiders reported 0 open-market purchases ($0) and 11 open-market sales ($848K) on Form 4, a net sale of $848K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $33.2B
- +4.3% vs prior year
- Insiders · 90 days
- 0 buys · 11 sells
- Net −$848K
- 13F holders
- 52 funds
- $14.1B · −1 vs prior quarter
- Latest 8-K
- Jul 28, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Global two-sided digital payments platform connecting 439 million active accounts in 200 markets, serving consumers and merchants for online and in-person commerce
- New emphasis: Expanded Buy Now, Pay Later (BNPL) products in U.S., Germany, France, U.K., Australia, and Japan under Paidy brand; enhanced consumer credit card offerings
- Strategic shift: Increased focus on seamless omnichannel checkout, integrating branded (PayPal, Venmo) and unbranded payment solutions, plus merchant financing to deepen SME engagement
- Quantitative metric: Total payment volume (TPV) $1.79 trillion in 2025, up 7% year-over-year; active accounts up 1% to 439 million; payment transactions down 4% to 25.4 billion
- Noteworthy fact: Continued platform agnostic approach enables diverse payment methods including cryptocurrencies, NFC in-person wallets, and extensive risk & fraud management programs
Risk Factors
- Regulatory/legal risk: exposure to uncertain tax positions under U.S. tax laws including NCTI and base erosion anti-abuse tax with potential $63 million income tax expense impact
- Macroeconomic threat: loan loss allowance sensitive to 1% increase in principal and interest coverage ratio, causing $73 million increase in allowances on loans receivable
- Operational risk: allowance for transaction and credit losses fluctuates with TPM, product mix, merchant insolvency, and changes in customer protection programs
- Financial risk: reliance on judgmental estimates for loan loss allowances and uncertain tax positions creates potential material changes in financial condition
- Market disruption risk: impairment risk on strategic non-marketable equity securities from private companies affected by changing financial, regulatory, economic, or technological trends
Management Discussion & Analysis
- No segment performance or profitability margins mentioned
- Forward-looking risks: heightened regulatory focus on payments, evolving laws, stricter enforcement risks
- Cybersecurity risks ongoing with significant resource allocation to security; no assurances on breach prevention
AI summary of the PYPL 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $8,682M, up 5% YoY from $8,288M, driven by 10% TPV growth
- Operating margin 16% vs 18% YoY; net income $1,104M vs $1,261M
- Best product line Braintree, revenue up approximately $400M; PayPal products revenue declined approximately $130M
- Operating cash flow $1,983M, up 121% from $898M; reorganization targets $1.5B annualized savings
- Transformation charge approximately $120M-$140M expected in second half of 2026; tariffs, inflation, conflicts, and rates remain headwinds
Risk Factors
- Cryptocurrency regulatory risk, triggered by 2025 GENIUS Act designation as a digital asset service provider
- Cybersecurity risk, with frontier AI models and autonomous agents potentially weaponizing newly discovered vulnerabilities
- Regulatory enforcement risk, with overlapping investigations potentially arising across multiple jurisdictions
- Fraud-loss risk, as AI-enhanced schemes increase transaction losses and protection-program exposure
- Liquidity risk, from potential customer-balance reductions, capital-market inaccessibility, and higher regulatory liquidity requirements
AI summary of the PYPL 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- PayPal reported quarterly results for the period ended June 30, 2026
- Press release issued July 28, 2026 with financial performance details
Item 8.01: Other Events
- $2.0B senior notes issued across 2028, 2031 and 2036 maturities
- Fixed coupons of 4.550%, 4.950% and 5.550%, implying annual interest expense of $95.65M
Item 2.02: Results of Operations and Financial Condition
- PayPal reported quarterly results for the period ended March 31, 2026
- Results announcement issued May 5, 2026
AI summaries of PYPL 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PYPL
Don't miss the next PYPL filing
- Alerts as it files. A push when PYPL files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PYPL, by share count.
- Ask anything. An AI agent that reads every PYPL filing and answers with sources.
PYPL alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Miller Jamie S | F | Sep 15, 2026 | 6,129 | $54.03 |
| Miller Jamie S | M | Sep 15, 2026 | 9,094 | - |
| Miller Jamie S | M | Sep 15, 2026 | 2,910 | - |
| Miller Jamie S | M | Sep 15, 2026 | 9,094 | - |
| Miller Jamie S | M | Sep 15, 2026 | 2,910 | - |
| Kereere Suzan | Sell | Sep 3, 2026 | 1,284 | $56.69 |
| Kereere Suzan | Sell | Sep 3, 2026 | 1,100 | $54.53 |
| Keller Frank | Sell | Sep 3, 2026 | 1,000 | $55.74 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $31.8B | $33.2B |
| Operating Income | - | $5.3B | $6.1B |
| Net Income | $4.2B | $4.1B | $5.2B |
| Op. Margin | - | 16.7% | 18.3% |
| Net Margin | - | 13.0% | 15.8% |
| Balance Sheet | |||
| Total Assets | $82.2B | $81.6B | $80.2B |
| Equity | - | $20.4B | $20.3B |
| ROE | - | 20.3% | 25.8% |
| Per Share | |||
| EPS | $3.84 | $3.99 | $5.41 |
| Cash Flow | |||
| Operating CF | - | $7.5B | $6.4B |
| CapEx | $623.0M | $683.0M | $852.0M |
Source: XBRL data in PayPal (PYPL)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PYPL share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 52 | $14.13B |
| Q1 2026 | 53 | $15.60B |
| Q4 2025 | 53 | $21.58B |
| Q3 2025 | 55 | $23.02B |
| Q2 2025 | 53 | $24.45B |
| Q1 2025 | 51 | $16.19B |
| Q4 2024 | 48 | $18.89B |
| Q3 2024 | 41 | $8.75B |
- Invesco Ltd+1.33M (+4%)
- BlackRock+1.28M (+2%)
- Renaissance Technologies LLC+1.03M (+532%)
- Millennium Management+235.2K (+39%)
- D.E. Shaw & Co+200.7K (+18%)
- FMR LLC (Fidelity)−3.19M (-46%)
- Citadel Advisors LLC−3.15M (-42%)
- Bank of America Corp−3.02M (-12%)
- Vanguard Portfolio Management LLC−2.66M (-11%)
- Vanguard Capital Management LLC−2.37M (-4%)
- ASSOCIATED BANC-CORP+8.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 406 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PYPL filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Aug 19, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jun 17, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 2, 2026 | - | - |
Related Financials companies
- CPAY · CorpayServices-Business Services, NEC
- FIS · Fidelity National Information ServicesServices-Business Services, NEC
- FISV · FiservServices-Business Services, NEC
- GPN · Global PaymentsServices-Business Services, NEC
- MA · MastercardServices-Business Services, NEC
- MSCI · MSCI Inc.Services-Business Services, NEC
- PAYO · Payoneer Global Inc.Services-Business Services, NEC
- PAYP · PayPay CorpServices-Business Services, NEC
PYPL SEC filings: frequently asked questions
Are PYPL insiders buying or selling?
In the last 90 days, PayPal (PYPL) officers, directors and 10% owners reported no open-market purchases and 11 open-market sales worth $848,120 by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold PYPL stock?
As of June 30, 2026, the largest PayPal (PYPL) holders among the 13F filers tracked by SignalX were BlackRock ($3.2 billion), Vanguard Capital Management LLC ($2.3 billion), State Street Corp ($1.8 billion), Invesco Ltd ($1.4 billion), Vanguard Portfolio Management LLC ($978.3 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PYPL's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), PayPal (PYPL) reported revenue of $33.2 billion (up 4.3% from FY2024) and net income of $5.2 billion. Diluted EPS was $5.41. The figures come from the XBRL data in the 10-K.
What are the main risks in PYPL's latest 10-K?
In the 10-K filed February 3, 2026, PayPal (PYPL) flagged: Regulatory/legal risk: exposure to uncertain tax positions under U.S. tax laws including NCTI and base erosion anti-abuse tax with potential $63 million income tax expense impact. Macroeconomic threat: loan loss allowance sensitive to 1% increase in principal and interest coverage ratio, causing $73 million increase in allowances on loans receivable. (AI summary of the Risk Factors section.)
What did PYPL report in its latest 8-K?
PayPal (PYPL) filed an 8-K on July 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). PayPal reported quarterly results for the period ended June 30, 2026.
What are the latest PYPL SEC filings?
PayPal (PYPL) filed its latest 10-K annual report on February 3, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and a Form 4 insider filing on September 16, 2026.
What is PYPL's SEC CIK number?
PayPal (PYPL)'s SEC Central Index Key (CIK) is 1633917. EDGAR lists every PYPL filing under that number.
Ask anything about PYPL
The research agent reads PYPL's filings, financials, insider trades and 13F holders, then answers with sources.