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Side-by-side financial comparison of PG&E Corporation (PCG) 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 $6.9B, roughly 1.3× PG&E Corporation). PayPal runs the higher net margin — 16.6% vs 12.9%, a 3.7% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 3.7%). Over the past eight quarters, PG&E Corporation's revenue compounded faster (7.2% CAGR vs 6.2%).
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
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.
PCG vs PYPL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.9B | $8.7B |
| Net Profit | $885.0M | $1.4B |
| Gross Margin | — | — |
| Operating Margin | 21.4% | 17.4% |
| Net Margin | 12.9% | 16.6% |
| Revenue YoY | 15.0% | 3.7% |
| Net Profit YoY | 39.6% | 28.2% |
| EPS (diluted) | $0.39 | $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 | $6.9B | — | ||
| Q4 25 | $6.8B | $8.7B | ||
| Q3 25 | $6.3B | $8.4B | ||
| Q2 25 | $5.9B | $8.3B | ||
| Q1 25 | $6.0B | $7.8B | ||
| Q4 24 | $6.6B | $8.4B | ||
| Q3 24 | $5.9B | $7.8B | ||
| Q2 24 | $6.0B | $7.9B |
| Q1 26 | $885.0M | — | ||
| Q4 25 | $670.0M | $1.4B | ||
| Q3 25 | $850.0M | $1.2B | ||
| Q2 25 | $549.0M | $1.3B | ||
| Q1 25 | $634.0M | $1.3B | ||
| Q4 24 | $674.0M | $1.1B | ||
| Q3 24 | $579.0M | $1.0B | ||
| Q2 24 | $524.0M | $1.1B |
| Q1 26 | 21.4% | — | ||
| Q4 25 | 18.0% | 17.4% | ||
| Q3 25 | 19.3% | 18.1% | ||
| Q2 25 | 18.6% | 18.1% | ||
| Q1 25 | 20.4% | 19.6% | ||
| Q4 24 | 15.4% | 17.2% | ||
| Q3 24 | 17.3% | 17.7% | ||
| Q2 24 | 18.9% | 16.8% |
| Q1 26 | 12.9% | — | ||
| Q4 25 | 9.8% | 16.6% | ||
| Q3 25 | 13.6% | 14.8% | ||
| Q2 25 | 9.3% | 15.2% | ||
| Q1 25 | 10.6% | 16.5% | ||
| Q4 24 | 10.2% | 13.4% | ||
| Q3 24 | 9.7% | 12.9% | ||
| Q2 24 | 8.8% | 14.3% |
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.29 | $1.53 | ||
| Q3 25 | $0.37 | $1.30 | ||
| Q2 25 | $0.24 | $1.29 | ||
| Q1 25 | $0.28 | $1.29 | ||
| Q4 24 | $0.30 | $1.09 | ||
| Q3 24 | $0.27 | $0.99 | ||
| Q2 24 | $0.24 | $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 | — | $10.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $20.3B |
| Total Assets | — | $80.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $713.0M | $10.4B | ||
| Q3 25 | $404.0M | $10.8B | ||
| Q2 25 | $494.0M | $10.0B | ||
| Q1 25 | $2.0B | $11.2B | ||
| Q4 24 | $940.0M | $10.8B | ||
| Q3 24 | $895.0M | $11.9B | ||
| Q2 24 | $1.3B | $13.6B |
| Q1 26 | — | — | ||
| Q4 25 | $57.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $53.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $32.5B | $20.3B | ||
| Q3 25 | $32.0B | $20.2B | ||
| Q2 25 | $31.2B | $20.2B | ||
| Q1 25 | $30.7B | $20.3B | ||
| Q4 24 | $30.1B | $20.4B | ||
| Q3 24 | $26.8B | $20.2B | ||
| Q2 24 | $26.3B | $20.6B |
| Q1 26 | — | — | ||
| Q4 25 | $141.6B | $80.2B | ||
| Q3 25 | $138.2B | $79.8B | ||
| Q2 25 | $136.4B | $79.8B | ||
| Q1 25 | $135.4B | $81.3B | ||
| Q4 24 | $133.7B | $81.6B | ||
| Q3 24 | $132.3B | $83.5B | ||
| Q2 24 | $130.8B | $84.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.76× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.78× | — | ||
| 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 | — | $2.4B |
| Free Cash FlowOCF − Capex | — | $2.2B |
| FCF MarginFCF / Revenue | — | 25.2% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | — | 1.66× |
| TTM Free Cash FlowTrailing 4 quarters | — | $5.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $1.1B | $898.0M | ||
| Q1 25 | $2.8B | $1.2B | ||
| Q4 24 | $1.9B | $2.4B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $711.0M | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $2.2B | ||
| Q3 25 | $-80.0M | $1.7B | ||
| Q2 25 | $-2.0B | $692.0M | ||
| Q1 25 | $213.0M | $964.0M | ||
| Q4 24 | $-896.0M | $2.2B | ||
| Q3 24 | $526.0M | $1.4B | ||
| Q2 24 | $-1.6B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | -17.6% | 25.2% | ||
| Q3 25 | -1.3% | 20.4% | ||
| Q2 25 | -34.0% | 8.3% | ||
| Q1 25 | 3.6% | 12.4% | ||
| Q4 24 | -13.5% | 26.2% | ||
| Q3 24 | 8.9% | 18.4% | ||
| Q2 24 | -26.5% | 17.3% |
| Q1 26 | — | — | ||
| Q4 25 | 46.4% | 2.2% | ||
| Q3 25 | 46.9% | 3.0% | ||
| Q2 25 | 52.0% | 2.5% | ||
| Q1 25 | 44.0% | 2.5% | ||
| Q4 24 | 42.6% | 2.4% | ||
| Q3 24 | 43.8% | 2.2% | ||
| Q2 24 | 38.4% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.93× | 1.66× | ||
| Q3 25 | 3.35× | 1.58× | ||
| Q2 25 | 1.93× | 0.71× | ||
| Q1 25 | 4.49× | 0.90× | ||
| Q4 24 | 2.87× | 2.14× | ||
| Q3 24 | 5.41× | 1.60× | ||
| Q2 24 | 1.36× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |
