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Side-by-side financial comparison of Halliburton (HAL) and PayPal (PYPL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.7B vs $5.4B, roughly 1.6× Halliburton). PayPal runs the higher net margin — 16.6% vs 8.6%, a 8.0% gap on every dollar of revenue. On growth, PayPal posted the faster year-over-year revenue change (3.7% vs -4.5%). PayPal produced more free cash flow last quarter ($2.2B vs $123.0M). Over the past eight quarters, PayPal's revenue compounded faster (6.2% CAGR vs -3.8%).
Halliburton Company is an American multinational corporation and the world's second-largest oil service company, responsible for most of the world's fracking operations. The company, incorporated in the United States, has dual headquarters located in Houston and in Dubai.
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.
HAL vs PYPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $8.7B |
| Net Profit | $464.0M | $1.4B |
| Gross Margin | — | — |
| Operating Margin | 12.6% | 17.4% |
| Net Margin | 8.6% | 16.6% |
| Revenue YoY | -4.5% | 3.7% |
| Net Profit YoY | -21.2% | 28.2% |
| EPS (diluted) | $0.55 | $1.53 |
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 | $5.4B | — | ||
| Q4 25 | $5.7B | $8.7B | ||
| Q3 25 | $5.6B | $8.4B | ||
| Q2 25 | $5.5B | $8.3B | ||
| Q1 25 | $5.4B | $7.8B | ||
| Q4 24 | $5.6B | $8.4B | ||
| Q3 24 | $5.7B | $7.8B | ||
| Q2 24 | $5.8B | $7.9B |
| Q1 26 | $464.0M | — | ||
| Q4 25 | $589.0M | $1.4B | ||
| Q3 25 | $18.0M | $1.2B | ||
| Q2 25 | $472.0M | $1.3B | ||
| Q1 25 | $204.0M | $1.3B | ||
| Q4 24 | $615.0M | $1.1B | ||
| Q3 24 | $571.0M | $1.0B | ||
| Q2 24 | $709.0M | $1.1B |
| Q1 26 | 12.6% | — | ||
| Q4 25 | 13.2% | 17.4% | ||
| Q3 25 | 6.4% | 18.1% | ||
| Q2 25 | 13.2% | 18.1% | ||
| Q1 25 | 8.0% | 19.6% | ||
| Q4 24 | 16.6% | 17.2% | ||
| Q3 24 | 15.3% | 17.7% | ||
| Q2 24 | 17.7% | 16.8% |
| Q1 26 | 8.6% | — | ||
| Q4 25 | 10.4% | 16.6% | ||
| Q3 25 | 0.3% | 14.8% | ||
| Q2 25 | 8.6% | 15.2% | ||
| Q1 25 | 3.8% | 16.5% | ||
| Q4 24 | 11.0% | 13.4% | ||
| Q3 24 | 10.0% | 12.9% | ||
| Q2 24 | 12.2% | 14.3% |
| Q1 26 | $0.55 | — | ||
| Q4 25 | — | $1.53 | ||
| Q3 25 | $0.02 | $1.30 | ||
| Q2 25 | $0.55 | $1.29 | ||
| Q1 25 | $0.24 | $1.29 | ||
| Q4 24 | — | $1.09 | ||
| Q3 24 | $650000.00 | $0.99 | ||
| Q2 24 | $800000.00 | $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 | $2.0M | $10.4B |
| Total DebtLower is stronger | $7.2M | — |
| Stockholders' EquityBook value | $10.8M | $20.3B |
| Total Assets | $25.1M | $80.2B |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.0M | — | ||
| Q4 25 | $2.2B | $10.4B | ||
| Q3 25 | $2.0B | $10.8B | ||
| Q2 25 | — | $10.0B | ||
| Q1 25 | — | $11.2B | ||
| Q4 24 | $2.6B | $10.8B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $13.6B |
| Q1 26 | $7.2M | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $7.2B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.6B | — |
| Q1 26 | $10.8M | — | ||
| Q4 25 | $10.5B | $20.3B | ||
| Q3 25 | $10.2B | $20.2B | ||
| Q2 25 | $10.5B | $20.2B | ||
| Q1 25 | $10.4B | $20.3B | ||
| Q4 24 | $10.5B | $20.4B | ||
| Q3 24 | $10.3B | $20.2B | ||
| Q2 24 | $10.0B | $20.6B |
| Q1 26 | $25.1M | — | ||
| Q4 25 | $25.0B | $80.2B | ||
| Q3 25 | $25.2B | $79.8B | ||
| Q2 25 | $25.4B | $79.8B | ||
| Q1 25 | $25.2B | $81.3B | ||
| Q4 24 | $25.6B | $81.6B | ||
| Q3 24 | $25.3B | $83.5B | ||
| Q2 24 | $25.2B | $84.0B |
| Q1 26 | 0.66× | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 0.76× | — |
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 | — | $2.4B |
| Free Cash FlowOCF − Capex | $123.0M | $2.2B |
| FCF MarginFCF / Revenue | 2.3% | 25.2% |
| Capex IntensityCapex / Revenue | 3.6% | 2.2% |
| Cash ConversionOCF / Net Profit | — | 1.66× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | $5.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.4B | ||
| Q3 25 | $488.0M | $2.0B | ||
| Q2 25 | $896.0M | $898.0M | ||
| Q1 25 | $377.0M | $1.2B | ||
| Q4 24 | $1.5B | $2.4B | ||
| Q3 24 | $841.0M | $1.6B | ||
| Q2 24 | $1.1B | $1.5B |
| Q1 26 | $123.0M | — | ||
| Q4 25 | $828.0M | $2.2B | ||
| Q3 25 | $227.0M | $1.7B | ||
| Q2 25 | $542.0M | $692.0M | ||
| Q1 25 | $75.0M | $964.0M | ||
| Q4 24 | $1.0B | $2.2B | ||
| Q3 24 | $502.0M | $1.4B | ||
| Q2 24 | $734.0M | $1.4B |
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.6% | 25.2% | ||
| Q3 25 | 4.1% | 20.4% | ||
| Q2 25 | 9.8% | 8.3% | ||
| Q1 25 | 1.4% | 12.4% | ||
| Q4 24 | 18.4% | 26.2% | ||
| Q3 24 | 8.8% | 18.4% | ||
| Q2 24 | 12.6% | 17.3% |
| Q1 26 | 3.6% | — | ||
| Q4 25 | 6.0% | 2.2% | ||
| Q3 25 | 4.7% | 3.0% | ||
| Q2 25 | 6.4% | 2.5% | ||
| Q1 25 | 5.6% | 2.5% | ||
| Q4 24 | 7.6% | 2.4% | ||
| Q3 24 | 6.0% | 2.2% | ||
| Q2 24 | 5.9% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 1.66× | ||
| Q3 25 | 27.11× | 1.58× | ||
| Q2 25 | 1.90× | 0.71× | ||
| Q1 25 | 1.85× | 0.90× | ||
| Q4 24 | 2.37× | 2.14× | ||
| Q3 24 | 1.47× | 1.60× | ||
| Q2 24 | 1.52× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAL
| Completion and Production | $3.0B | 56% |
| Middle East/Asia | $1.3B | 24% |
| Europe/Africa/CIS | $858.0M | 16% |
| Other | $210.0M | 4% |
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |
