PayPal (PYPL) Q3 2025 10-Q Quarterly Report

Filed: Oct 28, 2025Period ending Sep 30, 2025
Information Technology
Services-Business Services, NECSEC EDGAR

PayPal (PYPL) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 28, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

PayPal Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $8.42B Q3 2025, up 7% YoY ($7.85B Q3 2024); 9-month revenue $24.50B, up 5% YoY ($23.43B)
  • Operating margin stable at 18% Q3 (vs 18% YoY); 19% vs 17% in 9 months ended Sept. 2025 vs 2024
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Risk Factors

  • New risk: August 2025 Germany service disruption due to coding error causing fraud losses, regulatory scrutiny, fines, and litigation risk
  • Updated regulatory risk: PYUSD stablecoin regulatory framework evolving with uncertain costs and compliance under new U.S. federal law enacted in 2023
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PayPal Q3 2025 Quarterly Financials
XBRL

Revenue

$8.4B

+7.3% YoY +1.6% QoQ

Net Income

$1.2B

+23.6% YoY -1.0% QoQ

Operating Margin

18.1%

+33bp YoY -9bp QoQ

Net Margin

14.8%

+196bp YoY -39bp QoQ

ROE

6.2%

Total Assets

$79.8B

EPS (Diluted)

$1.30

+31.3% YoY +0.8% QoQ

Operating Cash Flow

$2.0B

+22.3% YoY +119.8% QoQ

Source: XBRL data from PayPal Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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