Name | Value |
---|---|
Revenues | 7,287.0M |
Cost of Revenue | 3,939.0M |
Gross Profit | 3,348.0M |
Operating Expense | 2,191.0M |
Operating I/L | 1,133.0M |
Other Income/Expense | 170.0M |
Interest Income | 116.0M |
Pretax | 1,303.0M |
Income Tax Expense | 274.0M |
Net Income/Loss | 1,029.0M |
PayPal Holdings, Inc. operates a digital payments platform, offering solutions such as PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy. The platform enables consumers to send and receive payments in 200 markets and 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in 25 currencies. The company generates revenue by charging fees to merchants for processing payments and offering financial services such as lending and credit. Its diverse product offerings cater to both merchants and consumers, facilitating seamless digital transactions globally.