PayPal Holdings (PYPL) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate, however, moderated relative to the prior quarter's pace.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate, however, moderated relative to the prior quarter's pace.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.4B
Revenue reported for this quarter.
Quarter-over-quarter
+6.6%
Change from the immediately preceding quarter.
Year-over-year
+4.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.8B
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 |
|---|---|---|
| Mar 31, 2024 | $7.7B | +9.4% |
| Jun 30, 2024 | $7.9B | +8.2% |
| Sep 30, 2024 | $7.8B | +5.8% |
| Dec 31, 2024 | $8.4B | +4.2% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory. The year-over-year comparison also showed an increase, though the rate of growth was lower than in the prior sequential period.
Quarterly comparison
Compared to the prior quarter, revenue improved, while the year-ago figure was also higher. The sequential gain was larger than the annual gain, indicating a deceleration in the year-over-year growth rate.
What to watch
The deceleration in year-over-year revenue growth warrants attention in upcoming quarters.