PayPay revenue and financials

PAYP · NASDAQ · USD

$15.51Change from previous close: +1.64%Absolute change: +$0.25

Close · October 6, 2026

In the fiscal year ended March 2026, PayPay reported revenue of ¥378.41B (+27.08% year over year). Net income was ¥115.03B, a net margin of 30.4%.

Annual revenue · 2026: ¥378.41B
  1. ¥199.4B2023
  2. ¥252.86B2024
  3. ¥297.77B2025
  4. ¥378.41B2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+27.08%
FY to Mar 2026 vs FY to Mar 2025
Net income growth
+218.04%
FY to Mar 2026 vs FY to Mar 2025
Net margin
30.4%
FY to Mar 2025: 12.1%

Financial data

Amounts in millions of JPY; per-share values in JPY; shares in millions.

Cash flow · Annual
ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023
Operating cash flow375,297155,84949,975-194,702
Depreciation and amortization10,0528,65818,59114,655
Capital expenditure-6,369-4,822-4,584-10,284
Investing cash flow-628,827-319,977-273,383190,014
Financing cash flow246,752-210,325107,93031,986
Dividends paid-311-283-179-4,929
Debt issued922,582842,300625,100604,000
Debt repaid-759,947-1,049,418-518,831-545,787
Effect of exchange rates50.0-59.0488419
Net change in cash-6,728-374,512-114,99027,717
Free cash flow368,928151,02745,391-204,986
Levered free cash flow146,00138,5971,130,895—