PayPal Holdings (PYPL) 10-K Summary — Year Ended Dec 31, 2023
The filing covers PayPal Holdings, Inc.'s annual report for the period ended December 31, 2023. It includes management discussion, risk factors, and liquidity information.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing covers PayPal Holdings, Inc.'s annual report for the period ended December 31, 2023. It includes management discussion, risk factors, and liquidity information.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$29.8B
Revenue reported for the fiscal year.
Operating income
$5B
Income from operations reported for the year.
Net income
$4.2B
Net income reported for the year.
Operating cash flow
$4.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $25.4B | n/a |
| Dec 31, 2022 | $27.5B | +8.5% |
| Dec 31, 2023 | $29.8B | +8.2% |
Business overview
The filing's Business overview section is referenced but no detailed description is provided in the supplied data. The company is identified as PayPal Holdings, Inc.
Financial performance
Revenue increased compared to the prior year, with operating income and net income reported. Operating cash flow was also positive.
Material risks
The filing includes a Risk Factors section, but specific risks are not elaborated in the supplied context.
Liquidity and capital
The company states it has sufficient liquidity from cash, cash equivalents, and investments, including funds held by foreign subsidiaries, to meet near-term cash requirements.
What to watch
Monitor the company's revenue growth trend and operating cash flow in the next filing.