PayPal Holdings, Inc.
For the period ended Sep 30, 2025. Filed Oct 28, 2025.
View on SEC.govAbout 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, 2025 · Filed Oct 28, 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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Condensed Consolidated Statements of Stockholders’ Equity
| Common Stock Shares | Treasury Stock | Additional Paid-In Capital | Accumulated OtherComprehensive Income (Loss) | Retained Earnings | Total Equity | |
|---|---|---|---|---|---|---|
| (In millions) | ||||||
| (Unaudited) | ||||||
| Balances at December 31, 2024 | 993 | $(27,085) | $20,705 | $(550) | $27,347 | $20,417 |
| Adoption of crypto asset accounting standard | — | — | — | — | 20 | 20 |
| Net income | — | — | — | — | 1,287 | 1,287 |
| Foreign CTA, net | — | — | — | 109 | — | 109 |
| Tax expense on foreign CTA, net | — | — | — | (7) | — | (7) |
| Unrealized losses on cash flow hedges, net | — | — | — | (176) | — | (176) |
| Tax benefit on unrealized losses on cash flow hedges, net | — | — | — | 9 | — | 9 |
| Unrealized losses on available-for-sale debt securities, net | — | — | — | (9) | — | (9) |
| Tax benefit on unrealized losses on available-for-sale debt securities, net | — | — | — | 2 | — | 2 |
| Common stock and stock-based awards issued, net of shares withheld for employee taxes | 5 | — | (171) | — | — | (171) |
| Common stock repurchased | (19) | (1,512) | — | — | — | (1,512) |
| Stock-based compensation | — | — | 285 | — | — | 285 |
| Balances at March 31, 2025 | 979 | $(28,597) | $20,819 | $(622) | $28,654 | $20,254 |
| Net income | — | — | — | — | 1,261 | 1,261 |
| Foreign CTA, net | — | — | — | 125 | — | 125 |
| Tax expense on foreign CTA, net | — | — | — | 3 | — | 3 |
| Unrealized losses on cash flow hedges, net | — | — | — | (248) | — | (248) |
| Tax benefit on unrealized losses on cash flow hedges, net | — | — | — | 11 | — | 11 |
| Unrealized losses on available-for-sale debt securities, net | — | — | — | (11) | — | (11) |
| Tax benefit on unrealized losses on available-for-sale debt securities, net | — | — | — | 3 | — | 3 |
| Common stock and stock-based awards issued, net of shares withheld for employee taxes | 3 | — | (2) | — | — | (2) |
| Common stock repurchased | (22) | (1,514) | — | — | — | (1,514) |
| Stock-based compensation | — | — | 319 | — | — | 319 |
| Balances at June 30, 2025 | 960 | $(30,111) | $21,136 | $(739) | $29,915 | $20,201 |
| Net income | — | — | — | — | 1,248 | 1,248 |
| Foreign CTA, net | — | — | — | (49) | — | (49) |
| Unrealized gains on cash flow hedges, net | — | — | — | 78 | — | 78 |
| Tax expense on unrealized gains on cash flow hedges, net | — | — | — | (3) | — | (3) |
| Unrealized gains on available-for-sale debt securities, net | — | — | — | 18 | — | 18 |
| Tax expense on unrealized gains on available-for-sale debt securities, net | — | — | — | (5) | — | (5) |
| Common stock and stock-based awards issued, net of shares withheld for employee taxes | 2 | — | (66) | — | — | (66) |
| Common stock repurchased | (21) | (1,513) | — | — | — | (1,513) |
| Stock-based compensation | — | — | 289 | — | — | 289 |
| Balances at September 30, 2025 | 941 | $(31,624) | $21,359 | $(700) | $31,163 | $20,198 |
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, 2023 | 1,072 | $(21,045) | $19,642 | $(746) | $23,200 | $21,051 |
| Net income | — | — | — | — | 888 | 888 |
| Foreign CTA, net | — | — | — | (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, net | — | — | — | (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, net | — | — | — | 275 | — | 275 |
| Net investment hedges 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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.