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: 2020 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 5, 2021) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
Net revenues | $ 21,454 | 17,772 | 15,451 |
Operating expenses: | |||
Transaction expense | 7,934 | 6,790 | 5,581 |
Transaction and credit losses | 1,741 | 1,380 | 1,274 |
Customer support and operations | 1,778 | 1,615 | 1,407 |
Sales and marketing | 1,861 | 1,401 | 1,314 |
Technology and development | 2,642 | 2,085 | 1,831 |
General and administrative | 2,070 | 1,711 | 1,541 |
Restructuring and other charges | 139 | 71 | 309 |
Total operating expenses | 18,165 | 15,053 | 13,257 |
Operating income | 3,289 | 2,719 | 2,194 |
Other income (expense), net | 1,776 | 279 | 182 |
Income before income taxes | 5,065 | 2,998 | 2,376 |
Income tax expense | 863 | 539 | 319 |
Net income | 4,202 | 2,459 | 2,057 |
Net income per share: | |||
Basic (in usd per share) | 3.58 | 2.09 | 1.74 |
Diluted (in usd per share) | 3.54 | 2.07 | 1.71 |
Weighted average shares: | |||
Basic (in shares) | 1,173 | 1,174 | 1,184 |
Diluted (in shares) | 1,187 | 1,188 | 1,203 |
External Links | |
PAYPAL HOLDINGS, INC. (PYPL) Fiscal Year 2020 | |
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 |