10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PAYPAL HOLDINGS, INC. | |||
Ticker: PYPL Fiscal Year: 2018 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 7, 2019) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
Net revenues | $ 15,451 | 13,094 | 10,842 |
Operating expenses: | |||
Transaction expense | 5,581 | 4,419 | 3,346 |
Transaction and loan losses | 1,274 | 1,011 | 1,088 |
Customer support and operations | 1,482 | 1,364 | 1,267 |
Sales and marketing | 1,313 | 1,128 | 969 |
Product development | 1,071 | 953 | 834 |
General and administrative | 1,451 | 1,155 | 1,028 |
Depreciation and amortization | 776 | 805 | 724 |
Restructuring and other charges | 309 | 132 | 0 |
Total operating expenses | 13,257 | 10,967 | 9,256 |
Operating income | 2,194 | 2,127 | 1,586 |
Other income (expense), net | 182 | 73 | 45 |
Income before income taxes | 2,376 | 2,200 | 1,631 |
Income tax expense | 319 | 405 | 230 |
Net income | 2,057 | 1,795 | 1,401 |
Net income per share: | |||
Basic (in usd per share) | 1.74 | 1.49 | 1.16 |
Diluted (in usd per share) | 1.71 | 1.47 | 1.15 |
Weighted average shares: | |||
Basic (in shares) | 1,184 | 1,203 | 1,210 |
Diluted (in shares) | 1,203 | 1,221 | 1,218 |
External Links | |
PAYPAL HOLDINGS, INC. (PYPL) Fiscal Year 2018 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |