PayPal Holdings Inc

For the period ended Sep 30, 2024. Filed Oct 29, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 29, 2024

PYPL$58.78-2.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Stockholders’ Equity

	Common StockShares	Treasury Stock	Additional Paid-In Capital	Accumulated OtherComprehensive Income (Loss)	Retained Earnings	Total Equity
(In millions)
(Unaudited)
Balances at December 31, 2023	1,072	$(21,045)	$19,642	$(746)	$23,200	$21,051
Net income	—	—	—	—	888	888
Foreign CTA	—	—	—	(143)	—	(143)
Net investment hedges CTA gains, net	—	—	—	99	—	99
Tax expense on net investment hedges CTA gains, net	—	—	—	(23)	—	(23)
Unrealized gains on cash flow hedges, net	—	—	—	96	—	96
Tax expense on unrealized gains on cash flow hedges, net	—	—	—	(5)	—	(5)
Unrealized gains on available-for-sale debt securities, net	—	—	—	83	—	83
Tax expense on unrealized gains on available-for-sale debt securities, net	—	—	—	(20)	—	(20)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	6	—	(193)	—	—	(193)
Common stock repurchased	(25)	(1,511)	—	—	—	(1,511)
Treasury stock reissuance	—	4	—	—	—	4
Stock-based compensation	—	—	376	—	—	376
Balances at March 31, 2024	1,053	$(22,552)	$19,825	$(659)	$24,088	$20,702
Net income	—	—	—	—	1,128	1,128
Foreign CTA	—	—	—	(125)	—	(125)
Net investment hedges CTA gains, net	—	—	—	100	—	100
Tax expense on net investment hedges CTA gains, net	—	—	—	(24)	—	(24)
Unrealized gains on cash flow hedges, net	—	—	—	3	—	3
Unrealized gains on available-for-sale debt securities, net	—	—	—	15	—	15
Tax expense on unrealized gains on available-for-sale-debt securities, net	—	—	—	(3)	—	(3)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	3	—	13	—	—	13
Common stock repurchased	(24)	(1,516)	—	—	—	(1,516)
Treasury stock reissuance	—	4	—	—	—	4
Stock-based compensation	—	—	325	—	—	325
Balances at June 30, 2024	1,032	$(24,064)	$20,163	$(693)	$25,216	$20,622
Net income	—	—	—	—	1,010	1,010
Foreign CTA	—	—	—	275	—	275
Net investment hedge CTA losses, net	—	—	—	(149)	—	(149)
Tax benefit on net investment hedges CTA losses, net	—	—	—	35	—	35
Unrealized losses on cash flow hedges, net	—	—	—	(148)	—	(148)
Tax benefit on unrealized losses on cash flow hedges, net	—	—	—	7	—	7
Unrealized gains on available-for-sale debt securities, net	—	—	—	60	—	60
Tax expense on unrealized gains on available-for-sale-debt securities, net	—	—	—	(14)	—	(14)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	2	—	(47)	—	—	(47)
Common stock repurchased	(28)	(1,791)	—	—	—	(1,791)
Treasury stock reissuance	—	4	—	—	—	4
Stock-based compensation	—	—	310	—	—	310
Balances at September 30, 2024	1,006	$(25,851)	$20,426	$(627)	$26,226	$20,174

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY—(continued)

	Common Stock Shares	Treasury Stock	Additional Paid-In Capital	Accumulated OtherComprehensive Income (Loss)	Retained Earnings	Total Equity
(In millions)
(Unaudited)
Balances at December 31, 2022	1,136	$(16,079)	$18,327	$(928)	$18,954	$20,274
Net income	—	—	—	—	795	795
Foreign CTA	—	—	—	(20)	—	(20)
Net investment hedges CTA gains, net	—	—	—	27	—	27
Tax expense on net investment hedges CTA gains, net	—	—	—	(6)	—	(6)
Unrealized losses on cash flow hedges, net	—	—	—	(111)	—	(111)
Tax benefit on unrealized losses on cash flow hedges, net	—	—	—	6	—	6
Unrealized gains on available-for-sale debt securities, net	—	—	—	175	—	175
Tax expense on unrealized gains on available-for-sale debt securities, net	—	—	—	(41)	—	(41)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	5	—	(157)	—	—	(157)
Common stock repurchased	(19)	(1,443)	—	—	—	(1,443)
Stock-based compensation	—	—	359	—	—	359
Balances at March 31, 2023	1,122	$(17,522)	$18,529	$(898)	$19,749	$19,858
Net income	—	—	—	—	1,029	1,029
Foreign CTA	—	—	—	(216)	—	(216)
Net investment hedges CTA gains, net	—	—	—	169	—	169
Tax expense on net investment hedges CTA gains, net	—	—	—	(39)	—	(39)
Unrealized losses on cash flow hedges, net	—	—	—	(23)	—	(23)
Tax benefit on unrealized losses on cash flow hedges, net	—	—	—	1	—	1
Unrealized gains on available-for-sale-debt securities, net	—	—	—	13	—	13
Tax expense on unrealized gains on available-for-sale-debt securities, net	—	—	—	(3)	—	(3)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	2	—	39	—	—	39
Common stock repurchased	(22)	(1,542)	—	—	—	(1,542)
Stock-based compensation	—	—	375	—	—	375
Balances at June 30, 2023	1,102	$(19,064)	$18,943	$(996)	$20,778	$19,661
Net income	—	—	—	—	1,020	1,020
Foreign CTA	—	—	—	(70)	—	(70)
Net investment hedges CTA gains, net	—	—	—	35	—	35
Tax expense on net investment hedges CTA gains, net	—	—	—	(8)	—	(8)
Unrealized gains on cash flow hedges, net	—	—	—	109	—	109
Tax expense on unrealized gains on cash flow hedges, net	—	—	—	(6)	—	(6)
Unrealized gains on available-for-sale-debt securities, net	—	—	—	110	—	110
Tax expense on unrealized gains on available-for-sale-debt securities, net	—	—	—	(26)	—	(26)
Common stock and stock-based awards issued, net of shares withheld for employee taxes	1	—	(28)	—	—	(28)
Common stock repurchased	(23)	(1,449)	—	—	—	(1,449)
Stock-based compensation	—	—	392	—	—	392
Balances at September 30, 2023	1,080	$(20,513)	$19,307	$(852)	$21,798	$19,740

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.