PayPal Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 4, 2025.
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FY2024 · Filed Feb 4, 2025
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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Consolidated Statements of Income (Loss)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In millions, except for per share amounts) | |||
| Net revenues | $31,797 | $29,771 | $27,518 |
| Operating expenses: | |||
| Transaction expense | 15,697 | 14,385 | 12,173 |
| Transaction and credit losses | 1,442 | 1,682 | 1,572 |
| Customer support and operations | 1,768 | 1,919 | 2,120 |
| Sales and marketing | 2,001 | 1,809 | 2,257 |
| Technology and development | 2,979 | 2,973 | 3,253 |
| General and administrative | 2,147 | 2,059 | 2,099 |
| Restructuring and other | 438 | (84) | 207 |
| Total operating expenses | 26,472 | 24,743 | 23,681 |
| Operating income | 5,325 | 5,028 | 3,837 |
| Other income (expense), net | 4 | 383 | (471) |
| Income before income taxes | 5,329 | 5,411 | 3,366 |
| Income tax expense | 1,182 | 1,165 | 947 |
| Net income (loss) | $4,147 | $4,246 | $2,419 |
| Net income (loss) per share: | |||
| Basic | $4.03 | $3.85 | $2.10 |
| Diluted | $3.99 | $3.84 | $2.09 |
| Weighted average shares: | |||
| Basic | 1,029 | 1,103 | 1,154 |
| Diluted | 1,039 | 1,107 | 1,158 |
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