PayPal, the first name that comes in mind when talking about payment processors! Also an amazing company at whose stats we're going to check out now.
We guarantee that you'll learn lots of new stuff about PayPal in this post.
How much of this did you already know about PayPal?
Paypal has a revenue of $27.52 billion in 2022. The table shows us a more detailed look.
PayPal had operating expenses of $5.73 billion in 2022.
Paypal earned a profit of $2.42 billion in 2022, a decrease of around 41.97% in year-over-year growth. The table shows us a more detailed look.
Paypal has a market capitalization of $92.11 billion in 2023, an increase of 13.45% compared to $81.19 billion in 2022.
Source: Companies Market Cap
PayPal has 26 acquisitions throughout the years from 2008 until their latest acquisition last September 2021.
PayPal is one huge company, so it's pretty expectable for it to have acquired lots of companies. As you can see, 26 acquired companies can make a long list.
But as payment processing is a large domain, and since PayPal was started in 1999, you would expect a lot of acquisitions from a company at PayPal's level.
Sources: Reuters 1, Reuters 2, Finovative, WSJ, The Verge, Forbes 1, Forbes 2, Techcrunch 1, Techcrunch 2, Techcrunch 3, Techcrunch 4, Techcrunch 5, Techcrunch 6, Techcrunch 7, Techcrunch 8, NewsCenter, Yahoo Finance, BBC, Market Watch, Paypal 1, Paypal 2, Paypal 3, Venture Beat, Chargehound
PayPal had made 29 investments so far. Out of those 29, they are the lead investors of 9 investments.
Below are the latest investments that Paypal has made over the years.
The table above shows which organization is a lead investor, as well as those who are not.
Have a look at that interesting Meta investment in 2022, with $10 billion being raised at PayPal. It's also quite recent!
PayPal has 5 funding rounds throughout the years. The total funding amount was $216 million with the last funding happened in 2001.
The table above shows you the necessary information to be known about PayPal's five fundings.
As PayPal became so successful, you can observe how the last funding took place in 2001. Definitely a long time ago.
Also, PayPal announced that they were going to lay off 2,000 employees so we would be expecting this number to drop down this year.
There are 430 million people actively using PayPal in 2022.
In 2023, it's estimated that 61.9% of PayPal's users are males, and 38.1% of the users to be females.
Note: These numbers are estimation from Similarweb and unofficial.
PayPal's most popular user age group is the 25-34 group, with almost 28% of the total users. Then, there's the 18-24 age group, covering 21.09% of the total users.
Note: These numbers are estimation from Similarweb and unofficial.
The 35-44 age group is not that far away from the second most popular one, as it covers 19.56% of PayPal's users.
For a better view and understanding, this table shows you the precise numbers for each age bracket of people that are on PayPal.
PayPal processed a total payment volume of $1.36 trillion in 2022, a growth of 8.80% year-over-year compared to the processed total payment volume of $1.25 trillion in 2021.
PayPal Enterprise is a function wherein the company helps businesses find active buyers, increase conversion across channels, and scale into new markets. Payments are discussed through PayPal sales team.
The table below shows us which industries are using PayPal Enterprise the most.
Thee Retail industry covers 24.80% of PayPal's usage. Then, there are the Professional Services, with 15.50%.
Looking at the table above and seeing all these different industries, you can see how there are really no boundaries for PayPal.
There's money to be made in both Retail, Media, and even Non Profit, so be assured that PayPal is always there as a payment processor.
Paypal Enterprise's most customers are from the United States, with 84.90% of the total users.
Next after the big player, there's the United Kingdom, with (only) 6.40% of the pie.
Followed by which, there are Canada, France, and Australia on the list. They cover from 1 to 3% of the users.
As of 2022, PayPal has a market share of 52.45% in the online payment industry.
This really means that PayPal is pretty much over 50% of the online payment industry. As we've previously seen from PayPal's revenue and profits, this is a very large industry.
Therefore, seeing how PayPal is literally over half of the industry, we can try only and understand how big PayPal really is when it comes down to ePayments.
PayPal has a three-phase business model.
In phase 1, payment volumes are largely coming from eBay. Individuals and businesses without credit cards were very attracted to the system as they can have transactions in eBay without relying on credit cards.
In Phase 2, PayPal planned to earn interest through funds on papal accounts. However, most of the PayPal users would immediately withdrew their money.
To solve this problem, PayPal catered more to business accounts. PayPal started relying on earnings from its service charges rather on the interests from deposited funds.
In Phase 3, after increasing its domestic and international penetration on eBay, PayPal started their off-eBay strategy by adding users across multiple platforms, meaning they will expand more on different platforms other than eBay.
In 2003, Merchant Services was created within PayPal. This provided payment solutions to small and large e-commerce businesses outside eBay.
To sum it up, PayPal earns from its transaction fees, subscription fees for its premium features mainly offered to businesses, sales of card readers, referral fees on cashback rewards, interest on cash advance, business loans, interchange fees, and more.
As of November 2022, the average time spent using PayPal is 00:04:06.
How much time do you spend using PayPal?
PayPal is available in 200 countries/regions, which makes it available worldwide.
As of November 2022, PayPal supports 25 currencies. Below is a list of them:
The United States is PayPal's #1 visitor, with 39.41% of the total PayPal users.
After the US, Germany is the most popular country for PayPal, with 15.72% of the total total users. The table below lists the most popular countries:
These are the key stats and key info on PayPal mobile app on Android as of October 2022:
These are the key stats and key info on PayPal mobile app on iOS as of October 2022:
The following subsections provides us with a detailed look on PayPal financials through the years. As of 2021, PayPal has a net profit margin of 16.43 with 4.6 earnings per share.
Source: Google Finance
PayPal hadnet profit margin of 12.85% in 2022.
See how PayPal's net profit margin is versatile throughout these years. It doesn't increase by a lot, and yet, it also doesn't decrease by a lot.
PayPal has an earning per share of $3.52.
PayPal has an EBITDA of $4.96 billion in 2022, a slight decrease of 4.80% from prior year.
Paypal had effective tax rate of 22.40% in 2022.
PayPal had cash and short-term investments of $10.83 billion in 2022, an increase of 14% compared to $9.50 billion in 2021.
PayPal had total assets of $78.72 billion in 2022.
PayPal had total liabilities of $58.44 billion in 2022.
With assets come liabilities as well, and you can't do much to lower them if you want to increase assets and equity.
PayPal had a total equity of $20.27 billion in 2022.
PayPal had 1.15 billion shares outstanding in 2022.
PayPal has a price-to-book ratio of 4.66.
PayPal had return on assets of 3.01% in 2022.
PayPal had a return on capital of 12% in 2022.
PayPal had cash from operations of $5.8 billion in 2022, a decrease of 8.52% in year-over-year growth compared to $6.34 billion.
PayPal had used $3.40 billion in their investments last 2022.