PayPay Corporation (PAYP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Jun 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PAYP SEC filings page.
PayPay Corporation (PAYP) reported $2.4B in revenue for fiscal year 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (20-F and 6-K reports).
Financial Health Signals
We do not publish a peer-relative financial health score for PayPay Corporation, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
For every $1 of reported earnings, PayPay Corporation generates $3.26 in operating cash flow ($2.4B OCF vs $723.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
PayPay Corporation earns $7.56 in operating income for every $1 of interest expense ($503.4M vs $66.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
PayPay Corporation generated $2.4B in revenue in fiscal year 2026.
PayPay Corporation's EBITDA was $663.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
PayPay Corporation reported $723.1M in net income in fiscal year 2026.
Cash & Balance Sheet
PayPay Corporation generated $2.3B in free cash flow in fiscal year 2026, representing cash available after capex.
PayPay Corporation held $2.3B in cash against $3.6B in long-term debt as of fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
PayPay Corporation's operating margin was 21.0% in fiscal year 2026, reflecting core business profitability.
PayPay Corporation's net profit margin was 30.2% in fiscal year 2026, showing the share of revenue converted to profit.
PayPay Corporation's ROE was 29.2% in fiscal year 2026, measuring profit generated per dollar of shareholder equity.
Not reported for fiscal year 2026.
Capital Allocation
PayPay Corporation invested $40.0M in capex in fiscal year 2026, funding long-term assets and infrastructure.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
PAYP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F |
|---|---|
| Revenue | $2.4B |
| Operating Income | $503.4M |
| EBITDA | $663.6M |
| Interest Expense | $66.6M |
| Income Tax | -$238.0M |
| Net Income | $723.1M |
| EPS (Basic) | $1.13 |
| EPS (Diluted) | $1.12 |
| Diluted Shares (Avg) | 644M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
PAYP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F |
|---|---|
| Total Assets | $32.5B |
| Cash & Equivalents | $2.3B |
| Goodwill | $95.3M |
| Total Liabilities | $29.8B |
| Long-Term Debt | $3.6B |
| Total Equity | $2.5B |
| Retained Earnings | $690.7M |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities.
PAYP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F |
|---|---|
| Operating Cash Flow | $2.4B |
| Depreciation & Amortization | $160.2M |
| Capital Expenditures | $40.0M |
| Free Cash Flow | $2.3B |
| Investing Cash Flow | -$4.0B |
| Financing Cash Flow | $1.6B |
| Dividends Paid | $2.0M |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
PAYP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F |
|---|---|
| Operating Margin | 21.0% |
| Net Margin | 30.2% |
| Return on Equity | 29.2% |
| Return on Assets | 2.2% |
| Debt-to-Equity | 1.43 |
| Liabilities-to-Equity | 12.04 |
| Asset Turnover | 0.07 |
| FCF Margin | 96.9% |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| PayPay Corporation PAYP | FY2026 | $2.4B | $723.1M | 30.2% | $9.8B | — |
| Netskope, Inc. NTSK | FY2026 | $709.0M | -$679.4M | -95.8% | $8.9B | 74/100 |
| GitLab Inc. GTLB | FY2026 | $955.2M | -$56.0M | -5.9% | $8.2B | 56/100 |
| SentinelOne, Inc. S | FY2026 | $1.0B | -$450.7M | -45.0% | $7.5B | 46/100 |
| Dropbox, Inc. DBX | FY2025 | $2.5B | $508.4M | 20.2% | $7.8B | 59/100 |
| Zeta Global Holdings Corp. ZETA | FY2025 | $1.3B | -$31.5M | -2.4% | $7.4B | 59/100 |
Where PayPay Corporation Ranks
Frequently Asked Questions
PayPay Corporation (PAYP) reported $2.4B in total revenue for fiscal year 2026. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Yes, PayPay Corporation (PAYP) reported a net income of $723.1M in fiscal year 2026, with a net profit margin of 30.2%.
PayPay Corporation (PAYP) had EBITDA of $663.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2026, PayPay Corporation (PAYP) had $2.3B in cash and equivalents against $3.6B in long-term debt.
PayPay Corporation (PAYP) had an operating margin of 21.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
PayPay Corporation (PAYP) had a net profit margin of 30.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
PayPay Corporation (PAYP) has a return on equity of 29.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
PayPay Corporation (PAYP) generated $2.3B in free cash flow during fiscal year 2026. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
PayPay Corporation (PAYP) generated $2.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
PayPay Corporation (PAYP) had $32.5B in total assets as of fiscal year 2026, including both current and long-term assets.
PayPay Corporation (PAYP) invested $40.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
PayPay Corporation (PAYP) had a debt-to-equity ratio of 1.43 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
PayPay Corporation (PAYP) had a liabilities-to-equity ratio of 12.04 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
PayPay Corporation (PAYP) had a return on assets of 2.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
PayPay Corporation (PAYP) trades at 13.6x earnings, its market capitalization divided by $723.1M net income, FY2026. The market capitalization is $9.8B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
PayPay Corporation (PAYP) trades at 4.1x sales, its market capitalization divided by $2.4B revenue, FY2026. The market capitalization is $9.8B as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
PayPay Corporation (PAYP) has an earnings quality ratio of 3.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
PayPay Corporation (PAYP) has an interest coverage ratio of 7.56x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.