Paypal: quarterly net revenue 2010-2019

During the fourth quarter of 2019, PayPal's net revenue was 4.96 billion U.S. dollars, up from 4.38 billion U.S. dollars in the corresponding quarter of the previous year.

PayPal continues to grow fast, especially as consumers increasingly use the web and their mobile devices to pay for what they buy. PayPal’s net revenue has been increasing steadily since 2010 - the payment provider usually sees a revenue jump associated with increasing usage during the holiday period with stable revenue growth during the following quarters. This comes at a time when mobile wallet services, payment services via a mobile device, are increasing.

Especially in the advanced digital market of the United States, there are many digital wallets to chose from. PayPal regularly ranks as one of the most-used products, along with Apple Pay and Google Wallet. As users become aware of mobile shopping possibilities, more people will begin using mobile wallet and PayPal has set themselves up to take advantage of this market with annual mobile payment volume reaching 227 billion U.S. dollars in 2018. In the fourth quarter of 2019, the digital payment provider processed around 3.46 billion digital and mobile payments.

Paypal's net revenue from 1st quarter 2010 to 4th quarter 2019

Net revenue in million U.S. dollars
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Source

Release date

January 2020

Region

Worldwide

Survey time period

Q1 2010 to Q4 2019

Supplementary notes

Data until Q4 2013 presents data up until PayPal's spinoff as an independent company. Figures from Q1 2014 onwards have been retroactively adjusted.

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