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Side-by-side financial comparison of Duke Energy (DUK) and PayPal (PYPL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.4B vs $7.9B, roughly 1.1× Duke Energy). Duke Energy runs the higher net margin — 20.0% vs 13.3%, a 6.7% gap on every dollar of revenue. On growth, Duke Energy posted the faster year-over-year revenue change (491.0% vs 7.0%). Over the past eight quarters, Duke Energy's revenue compounded faster (5.0% CAGR vs 2.9%).
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.
PayPalPYPLEarnings & Financial Report
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.
DUK vs PYPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $7.9B | $8.4B |
| Net Profit | $1.6B | $1.1B |
| Gross Margin | — | — |
| Operating Margin | 34.6% | 17.8% |
| Net Margin | 20.0% | 13.3% |
| Revenue YoY | 491.0% | 7.0% |
| Net Profit YoY | 603.6% | -13.5% |
| EPS (diluted) | — | $1.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.9B | $8.4B | ||
| Q4 25 | $7.8B | $8.7B | ||
| Q3 25 | $8.4B | $8.4B | ||
| Q2 25 | $7.4B | $8.3B | ||
| Q1 25 | $8.2B | $7.8B | ||
| Q4 24 | $7.2B | $8.4B | ||
| Q3 24 | $8.1B | $7.8B | ||
| Q2 24 | $7.2B | $7.9B |
| Q1 26 | $1.6B | $1.1B | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $984.0M | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $900.0M | $1.1B |
| Q1 26 | 34.6% | 17.8% | ||
| Q4 25 | 27.3% | 17.4% | ||
| Q3 25 | 27.9% | 18.1% | ||
| Q2 25 | 24.8% | 18.1% | ||
| Q1 25 | 28.5% | 19.6% | ||
| Q4 24 | 29.2% | 17.2% | ||
| Q3 24 | 26.4% | 17.7% | ||
| Q2 24 | 23.9% | 16.8% |
| Q1 26 | 20.0% | 13.3% | ||
| Q4 25 | 15.2% | 16.6% | ||
| Q3 25 | 17.0% | 14.8% | ||
| Q2 25 | 13.3% | 15.2% | ||
| Q1 25 | 16.8% | 16.5% | ||
| Q4 24 | 16.6% | 13.4% | ||
| Q3 24 | 15.8% | 12.9% | ||
| Q2 24 | 12.6% | 14.3% |
| Q1 26 | — | $1.21 | ||
| Q4 25 | $1.49 | $1.53 | ||
| Q3 25 | $1.81 | $1.30 | ||
| Q2 25 | $1.25 | $1.29 | ||
| Q1 25 | $1.76 | $1.29 | ||
| Q4 24 | $1.54 | $1.09 | ||
| Q3 24 | $1.60 | $0.99 | ||
| Q2 24 | $1.13 | $1.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.1B | $9.3B |
| Total DebtLower is stronger | $54.1B | $9.4B |
| Stockholders' EquityBook value | $56.5B | $20.0B |
| Total Assets | $198.0B | $80.5B |
| Debt / EquityLower = less leverage | 0.96× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.1B | $9.3B | ||
| Q4 25 | $245.0M | $10.4B | ||
| Q3 25 | $688.0M | $10.8B | ||
| Q2 25 | $344.0M | $10.0B | ||
| Q1 25 | $475.0M | $11.2B | ||
| Q4 24 | $314.0M | $10.8B | ||
| Q3 24 | $376.0M | $11.9B | ||
| Q2 24 | $390.0M | $13.6B |
| Q1 26 | $54.1B | $9.4B | ||
| Q4 25 | $80.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $76.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $56.5B | $20.0B | ||
| Q4 25 | $51.8B | $20.3B | ||
| Q3 25 | $51.5B | $20.2B | ||
| Q2 25 | $50.9B | $20.2B | ||
| Q1 25 | $50.7B | $20.3B | ||
| Q4 24 | $50.1B | $20.4B | ||
| Q3 24 | $49.1B | $20.2B | ||
| Q2 24 | $49.7B | $20.6B |
| Q1 26 | $198.0B | $80.5B | ||
| Q4 25 | $195.7B | $80.2B | ||
| Q3 25 | $192.3B | $79.8B | ||
| Q2 25 | $189.7B | $79.8B | ||
| Q1 25 | $187.5B | $81.3B | ||
| Q4 24 | $186.3B | $81.6B | ||
| Q3 24 | $183.6B | $83.5B | ||
| Q2 24 | $181.6B | $84.0B |
| Q1 26 | 0.96× | 0.47× | ||
| Q4 25 | 1.55× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-65.0M | $1.1B |
| Free Cash FlowOCF − Capex | — | $903.0M |
| FCF MarginFCF / Revenue | — | 10.8% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -0.04× | 1.02× |
| TTM Free Cash FlowTrailing 4 quarters | — | $5.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-65.0M | $1.1B | ||
| Q4 25 | $3.7B | $2.4B | ||
| Q3 25 | $3.6B | $2.0B | ||
| Q2 25 | $2.9B | $898.0M | ||
| Q1 25 | $2.2B | $1.2B | ||
| Q4 24 | $3.4B | $2.4B | ||
| Q3 24 | $3.5B | $1.6B | ||
| Q2 24 | $3.0B | $1.5B |
| Q1 26 | — | $903.0M | ||
| Q4 25 | $-485.0M | $2.2B | ||
| Q3 25 | $179.0M | $1.7B | ||
| Q2 25 | $-417.0M | $692.0M | ||
| Q1 25 | $-971.0M | $964.0M | ||
| Q4 24 | $288.0M | $2.2B | ||
| Q3 24 | $537.0M | $1.4B | ||
| Q2 24 | $-43.0M | $1.4B |
| Q1 26 | — | 10.8% | ||
| Q4 25 | -6.2% | 25.2% | ||
| Q3 25 | 2.1% | 20.4% | ||
| Q2 25 | -5.7% | 8.3% | ||
| Q1 25 | -11.8% | 12.4% | ||
| Q4 24 | 4.0% | 26.2% | ||
| Q3 24 | 6.6% | 18.4% | ||
| Q2 24 | -0.6% | 17.3% |
| Q1 26 | — | — | ||
| Q4 25 | 53.3% | 2.2% | ||
| Q3 25 | 41.2% | 3.0% | ||
| Q2 25 | 44.5% | 2.5% | ||
| Q1 25 | 38.3% | 2.5% | ||
| Q4 24 | 42.7% | 2.4% | ||
| Q3 24 | 36.8% | 2.2% | ||
| Q2 24 | 41.9% | 2.0% |
| Q1 26 | -0.04× | 1.02× | ||
| Q4 25 | 3.09× | 1.66× | ||
| Q3 25 | 2.56× | 1.58× | ||
| Q2 25 | 2.91× | 0.71× | ||
| Q1 25 | 1.58× | 0.90× | ||
| Q4 24 | 2.80× | 2.14× | ||
| Q3 24 | 2.75× | 1.60× | ||
| Q2 24 | 3.28× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DUK
| Regulated electric | $7.8B | 99% |
| Nonregulated electric and other | $61.0M | 1% |
PYPL
| Transaction revenues | $7.5B | 90% |
| Revenues from other value added services | $852.0M | 10% |