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Side-by-side financial comparison of PayPal (PYPL) and TE Connectivity (TEL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.7B vs $4.7B, roughly 1.9× TE Connectivity). PayPal runs the higher net margin — 16.6% vs 16.1%, a 0.5% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (21.7% vs 3.7%). PayPal produced more free cash flow last quarter ($2.2B vs $607.0M). Over the past eight quarters, TE Connectivity's revenue compounded faster (8.5% CAGR vs 6.2%).
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.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
PYPL vs TEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.7B | $4.7B |
| Net Profit | $1.4B | $750.0M |
| Gross Margin | — | 37.2% |
| Operating Margin | 17.4% | 20.6% |
| Net Margin | 16.6% | 16.1% |
| Revenue YoY | 3.7% | 21.7% |
| Net Profit YoY | 28.2% | 42.0% |
| EPS (diluted) | $1.53 | $2.53 |
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.
| Q4 25 | $8.7B | $4.7B | ||
| Q3 25 | $8.4B | $4.7B | ||
| Q2 25 | $8.3B | $4.5B | ||
| Q1 25 | $7.8B | $4.1B | ||
| Q4 24 | $8.4B | $3.8B | ||
| Q3 24 | $7.8B | $4.1B | ||
| Q2 24 | $7.9B | $4.0B | ||
| Q1 24 | $7.7B | $4.0B |
| Q4 25 | $1.4B | $750.0M | ||
| Q3 25 | $1.2B | $663.0M | ||
| Q2 25 | $1.3B | $638.0M | ||
| Q1 25 | $1.3B | $13.0M | ||
| Q4 24 | $1.1B | $528.0M | ||
| Q3 24 | $1.0B | $276.0M | ||
| Q2 24 | $1.1B | $573.0M | ||
| Q1 24 | $888.0M | $541.0M |
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 34.8% | ||
| Q1 24 | — | 34.4% |
| Q4 25 | 17.4% | 20.6% | ||
| Q3 25 | 18.1% | 19.3% | ||
| Q2 25 | 18.1% | 18.9% | ||
| Q1 25 | 19.6% | 18.1% | ||
| Q4 24 | 17.2% | 18.0% | ||
| Q3 24 | 17.7% | 16.0% | ||
| Q2 24 | 16.8% | 19.0% | ||
| Q1 24 | 15.2% | 17.4% |
| Q4 25 | 16.6% | 16.1% | ||
| Q3 25 | 14.8% | 14.0% | ||
| Q2 25 | 15.2% | 14.1% | ||
| Q1 25 | 16.5% | 0.3% | ||
| Q4 24 | 13.4% | 13.8% | ||
| Q3 24 | 12.9% | 6.8% | ||
| Q2 24 | 14.3% | 14.4% | ||
| Q1 24 | 11.5% | 13.6% |
| Q4 25 | $1.53 | $2.53 | ||
| Q3 25 | $1.30 | $2.23 | ||
| Q2 25 | $1.29 | $2.14 | ||
| Q1 25 | $1.29 | $0.04 | ||
| Q4 24 | $1.09 | $1.75 | ||
| Q3 24 | $0.99 | $0.96 | ||
| Q2 24 | $1.08 | $1.86 | ||
| Q1 24 | $0.83 | $1.75 |
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 | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $20.3B | $13.0B |
| Total Assets | $80.2B | $25.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.4B | $1.3B | ||
| Q3 25 | $10.8B | $1.3B | ||
| Q2 25 | $10.0B | $672.0M | ||
| Q1 25 | $11.2B | $2.6B | ||
| Q4 24 | $10.8B | $1.3B | ||
| Q3 24 | $11.9B | $1.3B | ||
| Q2 24 | $13.6B | $1.5B | ||
| Q1 24 | $14.3B | $1.2B |
| Q4 25 | $20.3B | $13.0B | ||
| Q3 25 | $20.2B | $12.6B | ||
| Q2 25 | $20.2B | $12.4B | ||
| Q1 25 | $20.3B | $12.1B | ||
| Q4 24 | $20.4B | $12.4B | ||
| Q3 24 | $20.2B | $12.4B | ||
| Q2 24 | $20.6B | $12.6B | ||
| Q1 24 | $20.7B | $12.4B |
| Q4 25 | $80.2B | $25.6B | ||
| Q3 25 | $79.8B | $25.1B | ||
| Q2 25 | $79.8B | $24.9B | ||
| Q1 25 | $81.3B | $23.7B | ||
| Q4 24 | $81.6B | $22.4B | ||
| Q3 24 | $83.5B | $22.9B | ||
| Q2 24 | $84.0B | $22.9B | ||
| Q1 24 | $83.3B | $22.8B |
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 | $865.0M |
| Free Cash FlowOCF − Capex | $2.2B | $607.0M |
| FCF MarginFCF / Revenue | 25.2% | 13.0% |
| Capex IntensityCapex / Revenue | 2.2% | 5.5% |
| Cash ConversionOCF / Net Profit | 1.66× | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | $5.6B | $3.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $865.0M | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $898.0M | $1.2B | ||
| Q1 25 | $1.2B | $653.0M | ||
| Q4 24 | $2.4B | $878.0M | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.5B | $1.0B | ||
| Q1 24 | $1.9B | $710.0M |
| Q4 25 | $2.2B | $607.0M | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $692.0M | $957.0M | ||
| Q1 25 | $964.0M | $423.0M | ||
| Q4 24 | $2.2B | $673.0M | ||
| Q3 24 | $1.4B | $829.0M | ||
| Q2 24 | $1.4B | $857.0M | ||
| Q1 24 | $1.8B | $543.0M |
| Q4 25 | 25.2% | 13.0% | ||
| Q3 25 | 20.4% | 24.2% | ||
| Q2 25 | 8.3% | 21.1% | ||
| Q1 25 | 12.4% | 10.2% | ||
| Q4 24 | 26.2% | 17.5% | ||
| Q3 24 | 18.4% | 20.4% | ||
| Q2 24 | 17.3% | 21.5% | ||
| Q1 24 | 22.9% | 13.7% |
| Q4 25 | 2.2% | 5.5% | ||
| Q3 25 | 3.0% | 5.7% | ||
| Q2 25 | 2.5% | 5.1% | ||
| Q1 25 | 2.5% | 5.6% | ||
| Q4 24 | 2.4% | 5.3% | ||
| Q3 24 | 2.2% | 5.2% | ||
| Q2 24 | 2.0% | 3.7% | ||
| Q1 24 | 2.0% | 4.2% |
| Q4 25 | 1.66× | 1.15× | ||
| Q3 25 | 1.58× | 2.14× | ||
| Q2 25 | 0.71× | 1.86× | ||
| Q1 25 | 0.90× | 50.23× | ||
| Q4 24 | 2.14× | 1.66× | ||
| Q3 24 | 1.60× | 3.78× | ||
| Q2 24 | 1.35× | 1.76× | ||
| Q1 24 | 2.16× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |
TEL
| Automotive Industry End Market | $1.9B | 40% |
| Digital Data Networks | $707.0M | 15% |
| Automation And Connected Living Industry End Market | $549.0M | 12% |
| Energy Industry End Market | $406.0M | 9% |
| Aerospace Defense And Marine Industry End Market | $381.0M | 8% |
| Commercial Transportation Industry End Market | $370.0M | 8% |
| Sensors Industry End Market | $212.0M | 5% |
| Medical Industry End Market | $159.0M | 3% |
