The above graph represents worldwide PayPal revenue by year. PayPal’s net revenue in fiscal 2018, ended December 31, 2018, reached an all-time high of $15,451 million ($15.5 billion), globally. Interestingly, that’s a significant 18% YoY increase. However, the growth in PayPal’s annual revenue for fiscal 2018 was less than the previous year. The annual revenue of PayPal in fiscal 2017 increased a notable 21%, to $13,094 million ($13 billion), globally. Interestingly, the growth in PayPal’s revenues was primarily driven by growth in TPV (Total Payment Volume) of 27% in 2018 and 27% in 2017.

It is important to note that the fiscal Q4 2018 was the very first time in history when PayPal’s quarterly revenue exceeded $4 billion.

PayPal Revenue: Additional Information!

In fiscal 2016, PayPal achieved the much-awaited milestone of $10 billion in yearly revenue. In the last eight years, PayPal revenue increased over 3 folds, from $4.49 billion to $15.46 billion. In the coming years, the growth rate is expected to accelerate further as the exploded adoption of the internet and mobile has revolutionised the global e-commerce market. The global retail e-commerce sales is estimated to amount to $3.4 trillion, and a big chunk of it would be transacted via online. 

About PayPal

Founded in December 1998 as Confinity Inc., by Max LevchinPeter ThielLuke Nosek, and Ken Howery, PayPal Holding Inc. (NASDAQ: PYPL) was funded by John Malloy from BlurRun ventures.

However, it was March 2000, when Confinity merged with X.com, an online banking company founded by Elon Musk in November 1999. The visionary Musk was quick to visualise the future potential of the money transfer business Confinity was developing. In contrast to that, Bill Harris, the then-president and CEO of X.com, didn’t find much merit in Musk’s thoughts. Soon, Harris decided to part ways was Musk was determined to stay focused on Confinity money transfer service. He was so committed that he terminated the company’s all other Internet banking operations in order to remain focused on the money transfer business. 

All these shifts created an impact on Elon Musk’s position in the company he was replaced by Peter Thiel as CEO of X.com. In the following year, the X.com was renamed as PayPal.

The astounding growth of PayPal convinced executives to launch the IPO of PayPal in 2002. After the celebrated acquisition by eBay Inc. (NASDAQ: EBAY) in July 2020 which valued PayPal $1.5 billion – 7% above the IPO price – it was clear that PayPal is en route to become a global leader in money transfer business.

After thirteen years of being under the umbrella of eBay, PayPal once again became an independent publicly traded company.


The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

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