Filing Flows › Comparisons › PYPL vs XYZ
PayPal Holdings vs Block: PYPL and XYZ compared
PayPal Holdings is the larger company: $8.6B of revenue in its latest quarter (Q3 2026) against $6.7B for Block (Q3 2026). Block is growing faster (+10% against +2% a year earlier). PayPal Holdings is more profitable, with an operating margin of 16.3% against 6.4%.
Where the money goes: PYPL and XYZ
PayPal Holdings (PYPL) · Q3 2026
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 follows the revenue to costs, profit and cash.
Block (XYZ) · Q3 2026
Block, Q3 2026: revenue $6.7B (+10% year over year), operating margin 6.4%, net earnings $564M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.
| PayPal Holdings (PYPL) | Block (XYZ) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $8.6B | $6.7B |
| Revenue growth, Y/Y | +2% | +10% |
| Gross margin | — | 48.1% |
| Operating margin | 16.3% | 6.4% |
| Net earnings | $1.1B | $564M |
| Net margin | 12.5% | 8.4% |
| Operating cash flow | $1.6B | $1.0B |
| Free cash flow | $1.4B | $972M |
| Market value | $50.6B | $51.7B |
| P/E | 11.3× | 113.6× |
| Analysts’ mean target | $57.13 | $100.34 |
Where the revenue comes from
PayPal Holdings
- Transaction revenues: $7.7B (90%)
- Revenues from other value added services: $873M (10%)
Block
- Commerce enablement revenue: $3.5B (52%)
- Bitcoin ecosystem revenue: $1.8B (27%)
- Financial solutions revenue: $1.4B (21%)
Questions
Which is bigger, PayPal Holdings or Block?
PayPal Holdings is the larger company: $8.6B of revenue in its latest quarter (Q3 2026) against $6.7B for Block (Q3 2026).
Is PayPal Holdings or Block growing faster?
Block is growing faster (+10% against +2% a year earlier).
Which is more profitable, PayPal Holdings or Block?
PayPal Holdings is more profitable, with an operating margin of 16.3% against 6.4%.
More: PayPal Holdings earnings · how PayPal Holdings makes money · Block earnings · how Block makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 27, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.