PayPal Holdings (PYPL) Revenue — Quarter Ended Mar 31, 2023
Revenue for this quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The trailing twelve-month revenue remained substantial.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for this quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The trailing twelve-month revenue remained substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
-4.6%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $6.8B | +9.1% |
| Sep 30, 2022 | $6.8B | +10.7% |
| Dec 31, 2022 | $7.4B | +6.7% |
| Mar 31, 2023 | $7B | +8.6% |
Revenue performance
The reported revenue reflects a sequential decline from the prior quarter, while showing year-over-year growth.
Quarterly comparison
This quarter's revenue was lower than the immediately preceding quarter but higher than the same quarter one year earlier.
What to watch
Monitor whether the year-over-year growth trend persists in upcoming quarters.