Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1633917/000163391721000149/pypl-20210630.htm
March 2024
February 2024
January 2024
December 2023
December 2023
December 2023
November 2023
November 2023
October 2023
August 2023
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/1633917/000163391721000149/pypl-20210630.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Paypal Holdings, Inc..
Paypal Holdings, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:
Rating
Learn More
Revenues from other value added services for the three and six months ended June 30, 2021 were negatively impacted by a decline in interest and fee revenue on our merchant loans receivable portfolio due to a decrease in outstanding loans and in interest earned on certain assets underlying customer account balances resulting from lower interest rates.
The decrease in transaction expense rate for the three and six months ended June 30, 2021 compared to the same periods of the prior year was due primarily to favorable changes in product mix.
The decrease in transaction expense rate for the six months ended June 30, 2021 was also attributable to favorable changes in merchant mix and funding mix.
The credit losses in the three and six months ended June 30, 2020 were associated with an increase in provisions for our loans and interest receivable portfolio resulting from a reserve build driven by a deterioration in macroeconomic projections reflecting the anticipated impact of the COVID-19 pandemic and factored into the determination of our current expected credit losses.
Technology and development Technology and development expenses for the three and six months ended June 30, 2021 and 2020 were as follows (in millions): Technology and development expenses increased by $115 million, or 18%, and $251 million, or 20%, in the three and six months ended June 30, 2021, respectively, compared to the same periods of the prior year due primarily to increases in costs related to contractors and consultants, employee-related expenses, cloud computing services utilized in delivering our products, and depreciation expense.
55 Table of Contents We...Read more
For additional information on how...Read more
The spread of COVID-19 has...Read more
For additional information on how...Read more
46 Table of Contents Revenues...Read more
The arrangement also allows us...Read more
Such risks and uncertainties include,...Read more
In addition, consumers that have...Read more
The decrease in our effective...Read more
The increase in the six...Read more
Customer support and operations Customer...Read more
52 Table of Contents Income...Read more
The benefit in the three...Read more
Active accounts, number of payment...Read more
On balance, our business has...Read more
The cost of funding a...Read more
Our effective income tax rate...Read more
40 Table of Contents COVID-19...Read more
(2) Net charge off rate...Read more
(2) Net charge off rate...Read more
We primarily incurred employee severance...Read more
In addition, our liquidity, access...Read more
See Part I, Item 1A,...Read more
The negative impacts on macroeconomic...Read more
While changes in foreign currency...Read more
These cash inflows were partially...Read more
Number of payment transactions are...Read more
** Not meaningful THREE MONTHS...Read more
Net income decreased by $346...Read more
Given that we also have...Read more
The negative impacts on macroeconomic...Read more
As our transaction revenue is...Read more
SIX MONTHS ENDED JUNE 30,...Read more
The growth in transaction revenues...Read more
OPERATING EXPENSES The following table...Read more
TPV is the value of...Read more
45 Table of Contents Number...Read more
Financing activities We generated cash...Read more
Stock repurchases and acquisitions During...Read more
The strengthening or weakening of...Read more
For additional information regarding our...Read more
Approximately 80% and 10% of...Read more
The foreign currency exchange gains...Read more
44 Table of Contents Net...Read more
This was partially offset by...Read more
Transaction and credit losses The...Read more
The consumer loans and interest...Read more
Under certain exceptional circumstances, corporate...Read more
Effect of exchange rates on...Read more
As of June 30, 2021,...Read more
Approximately 68% and 89% of...Read more
The shift beginning in the...Read more
The below tables provide the...Read more
Because we generate substantial net...Read more
Foreign currency exchange rates had...Read more
Risk of loss The risk...Read more
The broader implications of the...Read more
Although we have developed systems...Read more
(2) Reserve build (release) represents...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Paypal Holdings, Inc. provided additional information to their SEC Filing as exhibits
Ticker: PYPL
CIK: 1633917
Form Type: 10-Q Quarterly Report
Accession Number: 0001633917-21-000149
Submitted to the SEC: Thu Jul 29 2021 4:40:05 PM EST
Accepted by the SEC: Thu Jul 29 2021
Period: Wednesday, June 30, 2021
Industry: Business Services