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PayPal vs Wise: revenue, profit, margins and growth compared

PayPal brought in $33.2B of revenue in fiscal 2025, Wise $2.5B in fiscal 2026. Revenue changed by +4.3% at PayPal and +19.2% at Wise on the year before, so Wise grew faster. PayPal kept 15.8% of its revenue as net profit, Wise 19.9%. Free cash flow was $5.6B at PayPal and $7.5B at Wise.

Side by side, latest fiscal year

PYPLWSE
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$33.2B$2.5B
Revenue growth+4.3%+19.2%
Net income$5.2B$498.7M
Net margin15.8%19.9%
Free cash flow$5.6B$7.5B
Free cash flow margin16.8%301.0%
Earnings per share (diluted)$5.41$48.43
Cash$8B$27.8B
Debt$10B$328.7M
Price to earnings10.2n/a
Market value$47.1B$14.2B
Dividend yield0.25%n/a
Rank by revenue in sector#19 of 451 · Industrials#200 of 451 · Industrials

Over the years

Revenue
PYPL FY2018: $15.5BPYPL FY2019: $17.8BPYPL FY2020: $21.5BPYPL FY2021: $25.4BPYPL FY2022: $27.5BPYPL FY2023: $29.8BPYPL FY2024: $31.8BPYPL FY2025: $33.2BWSE FY2024: $1.8BWSE FY2026: $2.1BWSE FY2026: $2.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
PYPL $33.2BWSE $2.5B
Net income
PYPL FY2018: $2.1BPYPL FY2019: $2.5BPYPL FY2020: $4.2BPYPL FY2021: $4.2BPYPL FY2022: $2.4BPYPL FY2023: $4.2BPYPL FY2024: $4.1BPYPL FY2025: $5.2BWSE FY2024: $501.5MWSE FY2026: $550.3MWSE FY2026: $498.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PYPL $5.2BWSE $498.7M
Net margin
PYPL FY2018: 13.3%PYPL FY2019: 13.8%PYPL FY2020: 19.6%PYPL FY2021: 16.4%PYPL FY2022: 8.8%PYPL FY2023: 14.3%PYPL FY2024: 13.0%PYPL FY2025: 15.8%WSE FY2024: 28.2%WSE FY2026: 26.2%WSE FY2026: 19.9%FY18FY19FY20FY21FY22FY23FY24FY25FY26
PYPL 15.8%WSE 19.9%
Revenue growth
PYPL FY2019: +15.0%PYPL FY2020: +20.7%PYPL FY2021: +18.3%PYPL FY2022: +8.5%PYPL FY2023: +8.2%PYPL FY2024: +6.8%PYPL FY2025: +4.3%WSE FY2026: +18.2%WSE FY2026: +19.2%FY19FY20FY21FY22FY23FY24FY25FY26
PYPL +4.3%WSE +19.2%
Free cash flow
PYPL FY2018: $4.7BPYPL FY2019: $3.4BPYPL FY2020: $5.4BPYPL FY2021: $4.9BPYPL FY2022: $5.1BPYPL FY2023: $4.2BPYPL FY2024: $6.8BPYPL FY2025: $5.6BWSE FY2024: $4.1BWSE FY2026: $5.7BWSE FY2026: $7.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
PYPL $5.6BWSE $7.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about PayPal and Wise

Which is bigger by revenue, PayPal or Wise?

PayPal is bigger by revenue: $33.2B in fiscal 2025, against $2.5B for Wise in fiscal 2026.

Which keeps more of its revenue as profit, PayPal or Wise?

PayPal had a net margin of 15.8% in fiscal 2025; Wise had 19.9% in fiscal 2026.

Which grew revenue faster, PayPal or Wise?

In their latest fiscal years revenue changed by +4.3% at PayPal and +19.2% at Wise.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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