Filing Flows › PayPal Holdings (PYPL) › Q3 2026 › vs Q2 2026
PayPal Holdings (PYPL) Q3 2026 vs Q2 2026 (quarter over quarter)
PayPal Holdings's revenue fell $98.0M (-1%) from $8.7B in Q2 2026 to $8.6B in Q3 2026. The biggest changes: Transaction revenues −$121M (-2%); Revenues from other value added services +$23.0M (+3%). Operating margin 16.3% against 16.4% (-0.1 pts).
PayPal Holdings, Q3 2026: revenue $8.6B (+2% year over year), operating margin 16.3%, net earnings $1.1B, operating cash flow $1.6B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.3% | 16.4% | -0.1 pts |
| Net margin | 12.5% | 12.7% | -0.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Transaction revenues | $7.7B | $7.8B | −$121M | -2% |
| Revenues from other value added services | $873M | $850M | $23.0M | +3% |
| Revenue | $8.6B | $8.7B | −$98.0M | -1% |
| Operating profit | $1.4B | $1.4B | −$25.0M | -2% |
| Costs & expenses | $7.2B | $7.3B | −$73.0M | -1% |
| Pre-tax earnings | $1.4B | $1.3B | $64.0M | +5% |
| Other expense, net | $28.0M | $117M | −$89.0M | -76% |
| Sales & marketing | $508M | $546M | −$38.0M | -7% |
| General & admin | $520M | $503M | $17.0M | +3% |
| Other operating costs | $6.2B | $6.2B | −$52.0M | -0.8% |
| Net earnings | $1.1B | $1.1B | −$31.0M | -3% |
| Income tax | $301M | $206M | $95.0M | +46% |
| Depreciation & amortization | $251M | $246M | $5.0M | +2% |
| Share-based compensation | $233M | $275M | −$42.0M | -15% |
| Working capital & other | $35.0M | $358M | −$323M | -90% |
| Operating cash flow | $1.6B | $2.0B | −$391M | -20% |
Questions
How much did PayPal Holdings's revenue grow quarter over quarter in Q3 2026?
PayPal Holdings's revenue fell $98.0M (-1%) from $8.7B in Q2 2026 to $8.6B in Q3 2026.
What drove PayPal Holdings's revenue change in Q3 2026?
Transaction revenues −$121M (-2%); Revenues from other value added services +$23.0M (+3%).