PayPal Holdings (PYPL) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was higher than the sequential growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.3B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.6B
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 |
|---|---|---|
| Sep 30, 2022 | $6.8B | +10.7% |
| Dec 31, 2022 | $7.4B | +6.7% |
| Mar 31, 2023 | $7B | +8.6% |
| Jun 30, 2023 | $7.3B | +7.1% |
Revenue performance
Revenue for the quarter rose from the immediately preceding quarter. The year-over-year comparison also showed an increase.
Quarterly comparison
Compared to the prior quarter, revenue grew at a slower pace than the year-over-year increase. The trailing twelve-month revenue reflects the cumulative performance over the past year.
What to watch
Monitor the trend of sequential revenue growth rates in upcoming quarters.