Annual R&D expenditure of PayPal 2014-2024
Published by
Research and development expenses of payment provider PayPal declined in 2024, the second year in a row this occurred. In the last reported year, PayPal spent over 1.5 billion U.S. dollars on R&D, a decrease of approximately 100 million U.S. dollars compared to the year before. The company does not provide a specific reason for the decline, although it may be attributed to the general economic environment of 2024 and PayPal increasingly looking to up its profitability.
