PayPal Files 2023 10-K: Full Year & Q4 Financials Revealed
Ticker: PYPL · Form: 10-K · Filed: 2024-02-08T00:00:00.000Z
Sentiment: neutral
Topics: earnings, annual-report, financial-performance
TL;DR
**PayPal's 2023 10-K is out, giving investors the full financial picture for the year.**
AI Summary
PayPal Holdings, Inc. filed its 10-K report on February 8, 2024, for the fiscal year ending December 31, 2023. This filing provides a comprehensive overview of the company's financial performance and operational status. For investors, this matters because it offers crucial insights into PayPal's financial health, including key figures for the full year 2023 and the fourth quarter, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides the official, audited financial results for PayPal's 2023 fiscal year, giving investors a clear picture of the company's performance and future outlook.
Risk Assessment
Risk Level: medium — The risk level is medium as this is a standard annual filing, but it contains detailed financial data that could reveal underlying risks or opportunities not immediately apparent.
Analyst Insight
Investors should carefully review the detailed financial statements within the full 10-K to understand PayPal's revenue, expenses, and profitability for 2023, and compare these figures to previous periods and analyst expectations to inform their investment decisions.
Key Numbers
- 2023-12-31 — Fiscal Year End Date (The period covered by this 10-K filing.)
- 001-36859 — SEC File Number (PayPal's unique identifier with the SEC.)
- 175 — Public Document Count (The number of documents included in this filing.)
- 0001633917 — Central Index Key (CIK) (PayPal's unique identifier for SEC filings.)
Key Players & Entities
- PayPal Holdings, Inc. (company) — the company filing the 10-K
- Jonathan Auerbach (person) — a member referenced in the filing context
- 2023-12-31 (date) — the fiscal year end date
- 2024-02-08 (date) — the filing date of the 10-K
Forward-Looking Statements
- PayPal's financial performance for 2024 will be closely scrutinized based on the trends and figures presented in this 2023 10-K. (PayPal Holdings, Inc.) — high confidence, target: 2024-12-31
FAQ
What is the fiscal year-end date covered by this 10-K filing for PayPal Holdings, Inc.?
The fiscal year-end date covered by this 10-K filing for PayPal Holdings, Inc. is December 31, 2023, as indicated by 'CONFORMED PERIOD OF REPORT: 20231231'.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on February 8, 2024, as stated by 'FILED AS OF DATE: 20240208'.
What is the Central Index Key (CIK) for PayPal Holdings, Inc.?
The Central Index Key (CIK) for PayPal Holdings, Inc. is 0001633917, as specified under 'CENTRAL INDEX KEY: 0001633917'.
What is the business address listed for PayPal Holdings, Inc. in this filing?
The business address listed for PayPal Holdings, Inc. is 2211 NORTH FIRST STREET, SAN JOSE, CA 95131, with a business phone of (408) 967-1000, as detailed in the 'BUSINESS ADDRESS' section.
Who is 'Jonathan Auerbach' and what is his relevance in the context of this filing?
Jonathan Auerbach is identified as 'pypl:JonathanAuerbachMember' within the filing's XBRL data, indicating his role as a member or an individual associated with specific financial data points for the periods 2023-01-01 to 2023-12-31, 2023-10-01 to 2023-12-31, and as of 2023-12-31.
From the Filing
0001633917-24-000024.txt : 20240208 0001633917-24-000024.hdr.sgml : 20240208 20240207193506 ACCESSION NUMBER: 0001633917-24-000024 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 175 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PayPal Holdings, Inc. CENTRAL INDEX KEY: 0001633917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 472989869 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 24606404 BUSINESS ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: (408) 967-1000 MAIL ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 10-K 1 pypl-20231231.htm 10-K pypl-20231231 0001633917 2023 FY false 187 P1D P3D P5D P1Y P3Y P3Y P1Y http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent P5Y http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense http://fasb.org/us-gaap/2023#NonoperatingIncomeExpense 1 1 1 1 1 1 1 1 P1Y 0001633917 2023-01-01 2023-12-31 0001633917 2023-06-30 iso4217:USD 0001633917 2024-02-01 xbrli:shares 0001633917 2023-10-01 2023-12-31 0001633917 pypl:JonathanAuerbachMember 2023-01-01 2023-12-31 0001633917 pypl:JonathanAuerbachMember 2023-10-01 2023-12-31 0001633917 pypl:JonathanAuerbachMember 2023-12-31 0001633917 2023-12-31 0001633917 2022-12-31 iso4217:USD xbrli:shares 0001633917 2022-01-01 2022-12-31 0001633917 2021-01-01 2021-12-31 0001633917 us-gaap:CommonStockMember 2020-12-31 0001633917 us-gaap:TreasuryStockCommonMember 2020-12-31 0001633917 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001633917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001633917 us-gaap:RetainedEarningsMember 2020-12-31 0001633917 us-gaap:NoncontrollingInterestMember 2020-12-31 0001633917 2020-12-31 0001633917 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001633917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001633917 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001633917 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001633917 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001633917 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001633917 us-gaap:CommonStockMember 2021-12-31 0001633917 us-gaap:TreasuryStockCommonMember 2021-12-31 0001633917 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001633917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001633917 us-gaap:RetainedEarningsMember 2021-12-31 0001633917 us-gaap:NoncontrollingInterestMem