PayPal Holdings (PYPL) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.4B
Revenue reported for this quarter.
Quarter-over-quarter
+1.8%
Change from the immediately preceding quarter.
Year-over-year
+8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$29.1B
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 |
|---|---|---|
| Dec 31, 2022 | $7.4B | +6.7% |
| Mar 31, 2023 | $7B | +8.6% |
| Jun 30, 2023 | $7.3B | +7.1% |
| Sep 30, 2023 | $7.4B | +8.4% |
Revenue performance
The reported revenue direction was upward, reflecting continued business expansion. The trailing twelve-month revenue also showed an overall increase.
Quarterly comparison
Compared with the prior quarter, revenue rose slightly, and compared with the same quarter a year ago, revenue posted a solid increase. This indicates a strengthening year-over-year performance.
What to watch
Monitor the sustainability of revenue growth in upcoming quarters given the modest sequential change.