PayPal Holdings (PYPL) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter was slightly lower than the prior quarter. Compared with the same quarter last year, revenue increased.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter was slightly lower than the prior quarter. Compared with the same quarter last year, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.8B
Revenue reported for this quarter.
Quarter-over-quarter
-0.5%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.5B
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, 2023 | $8B | +8.7% |
| Mar 31, 2024 | $7.7B | +9.4% |
| Jun 30, 2024 | $7.9B | +8.2% |
| Sep 30, 2024 | $7.8B | +5.8% |
Revenue performance
The reported revenue declined marginally from the immediately preceding quarter. This follows a pattern of mixed sequential changes over recent quarters.
Quarterly comparison
Revenue rose compared with the same quarter one year earlier. The year-over-year growth rate was lower than the prior quarter's year-over-year rate.
What to watch
The sequential decline in revenue may warrant attention given the prior quarter's sequential increase.