PayPal Holdings Cost of Goods Sold 2013-2024 | PYPL

PayPal Holdings annual/quarterly cost of goods sold history and growth rate from 2013 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • PayPal Holdings cost of goods sold for the quarter ending September 30, 2024 was $4.620B, a 2.14% increase year-over-year.
  • PayPal Holdings cost of goods sold for the twelve months ending September 30, 2024 was $18.844B, a 8.17% increase year-over-year.
  • PayPal Holdings annual cost of goods sold for 2023 was $17.986B, a 13.37% increase from 2022.
  • PayPal Holdings annual cost of goods sold for 2022 was $15.865B, a 17.96% increase from 2021.
  • PayPal Holdings annual cost of goods sold for 2021 was $13.45B, a 17.44% increase from 2020.
PayPal Holdings Annual Cost of Goods Sold
(Millions of US $)
2023 $17,986
2022 $15,865
2021 $13,450
2020 $11,453
2019 $9,785
2018 $8,262
2017 $6,695
2016 $5,701
2015 $4,529
2014 $3,807
2013 $3,287
2012 $2,697
PayPal Holdings Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $4,620
2024-06-30 $4,713
2024-03-31 $4,692
2023-12-31 $4,819
2023-09-30 $4,523
2023-06-30 $4,431
2023-03-31 $4,213
2022-12-31 $4,253
2022-09-30 $3,864
2022-06-30 $4,028
2022-03-31 $3,720
2021-12-31 $3,834
2021-09-30 $3,336
2021-06-30 $3,214
2021-03-31 $3,066
2020-12-31 $3,203
2020-09-30 $2,815
2020-06-30 $2,706
2020-03-31 $2,729
2019-12-31 $2,732
2019-09-30 $2,431
2019-06-30 $2,344
2019-03-31 $2,278
2018-12-31 $2,295
2018-09-30 $2,011
2018-06-30 $2,034
2018-03-31 $1,922
2017-12-31 $1,573
2017-09-30 $1,811
2017-06-30 $1,707
2017-03-31 $1,604
2016-12-31 $1,589
2016-09-30 $1,426
2016-06-30 $1,383
2016-03-31 $1,303
2015-12-31 $1,294
2015-09-30 $1,136
2015-06-30 $1,097
2015-03-31 $1,002
2014-12-31 $1,003
2014-09-30 $974
2014-06-30 $932
2014-03-31 $898
2013-12-31
2012-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $86.990B $29.771B
PayPal is one of the largest online payment solutions providers that enables it to offer smooth and secure transaction facility to both customers and merchants. The company's peer-to-peer payment service, Venmo, is the key catalyst behind the solid growth in its total payment volume. The company offers domestic and international person-to-person payment facilities with the help of PayPal and Xoom products. PayPal allows customers to send payments in more than 200 markets globally. It has connections with financial service providers worldwide. Further, the company supports withdrawal of funds from bank accounts in 56 currencies and holding balances in PayPal accounts in 25 currencies. Additionally, transfer of funds supports more than 100 currencies globally.Additionally, this San Jose, CA-based company is gaining from strategic acquisitions including Hyperwallet, Braintree and iZettle that are helping it in delivering better payment experience.
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