---
title: "PayPal: Competitors & Industry Structure"
description: "PayPal compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/paypal/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# PayPal: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies PayPal under SIC code 7389 (Services-Business Services, NEC). Among Swoopr's S&P 500 Equal Weight companies, 61 others share that classification; by latest reported revenue, PayPal ranks 5 of 62. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does PayPal Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Accenture (ACN)](https://www.getswoopr.com/stocks/companies/accenture/) | $69.7 billion FY2025 | 7.4% | 14.7% | 11.0% |
| [PDD Holdings (PDD)](https://www.getswoopr.com/stocks/companies/pdd-holdings/) | $61.8 billion FY2025 | 14.5% | 21.6% | 22.7% |
| [Uber (UBER)](https://www.getswoopr.com/stocks/companies/uber/) | $52.0 billion FY2025 | 18.3% | 10.7% | 19.3% |
| [Visa Inc. (V)](https://www.getswoopr.com/stocks/companies/visa-inc/) | $40.0 billion FY2025 | 11.3% | 60.0% | 50.1% |
| **PayPal (PYPL)** | $33.2 billion FY2025 | 4.3% | 18.3% | 15.8% |
| [Mastercard (MA)](https://www.getswoopr.com/stocks/companies/mastercard/) | $32.8 billion FY2025 | 16.4% | 57.6% | 45.6% |
| [MercadoLibre (MELI)](https://www.getswoopr.com/stocks/companies/mercadolibre/) | $28.9 billion FY2025 | 39.1% | 11.1% | 6.9% |
| [Fiserv (FISV)](https://www.getswoopr.com/stocks/companies/fiserv/) | $21.2 billion FY2025 | 3.6% | 27.5% | 16.4% |
| [DoorDash (DASH)](https://www.getswoopr.com/stocks/companies/doordash/) | $13.7 billion FY2025 | 27.9% | 5.3% | 6.8% |
| [eBay Inc. (EBAY)](https://www.getswoopr.com/stocks/companies/ebay-inc/) | $11.1 billion FY2025 | 7.9% | 20.5% | 18.3% |
| [Fidelity National Information Services (FIS)](https://www.getswoopr.com/stocks/companies/fidelity-national-information-services/) | $10.7 billion FY2025 | 5.4% | 16.3% | 3.6% |
| [Global Payments (GPN)](https://www.getswoopr.com/stocks/companies/global-payments/) | $7.7 billion FY2025 | -0.4% | 22.8% | 18.2% |
| [Broadridge Financial Solutions (BR)](https://www.getswoopr.com/stocks/companies/broadridge-financial-solutions/) | $6.9 billion FY2025 | 5.9% | 17.3% | 12.2% |
| [Maximus Inc. (MMS)](https://www.getswoopr.com/stocks/companies/maximus-inc/) | $5.4 billion FY2025 | 2.4% | 9.7% | 5.9% |
| [TriNet Group Inc. (TNET)](https://www.getswoopr.com/stocks/companies/trinet-group-inc/) | $5.0 billion FY2025 | -0.9% | n/a | 3.1% |
| [Corpay (CPAY)](https://www.getswoopr.com/stocks/companies/corpay/) | $4.5 billion FY2025 | 13.9% | 44.0% | 23.6% |
| [Akamai Technologies (AKAM)](https://www.getswoopr.com/stocks/companies/akamai-technologies/) | $4.2 billion FY2025 | 5.4% | 13.5% | 10.7% |
| [Shift4 Payments Inc. (FOUR)](https://www.getswoopr.com/stocks/companies/shift4-payments-inc/) | $4.2 billion FY2025 | 25.5% | 8.4% | 3.5% |
| [Maplebear Inc. (CART)](https://www.getswoopr.com/stocks/companies/maplebear-inc/) | $3.7 billion FY2025 | 10.8% | 13.3% | 11.9% |
| [Advantage Solutions Inc. (ADV)](https://www.getswoopr.com/stocks/companies/advantage-solutions-inc/) | $3.5 billion FY2025 | -0.7% | -3.6% | -6.4% |
| [CoStar Group (CSGP)](https://www.getswoopr.com/stocks/companies/costar-group/) | $3.2 billion FY2025 | 18.7% | -2.2% | 0.2% |
| [MSCI (MSCI)](https://www.getswoopr.com/stocks/companies/msci/) | $3.1 billion FY2025 | 9.7% | 54.7% | 38.4% |
| [Conduent Incorporated (CNDT)](https://www.getswoopr.com/stocks/companies/conduent-incorporated/) | $3.0 billion FY2025 | -9.4% | n/a | -5.6% |
| [CBIZ Inc. (CBZ)](https://www.getswoopr.com/stocks/companies/cbiz-inc/) | $2.8 billion FY2025 | 52.1% | 8.5% | 4.2% |
| [WEX Inc. (WEX)](https://www.getswoopr.com/stocks/companies/wex-inc/) | $2.7 billion FY2025 | 1.2% | 25.0% | 11.4% |
| [Zillow Group Inc. (ZG)](https://www.getswoopr.com/stocks/companies/zillow-group-inc/) | $2.6 billion FY2025 | 15.5% | -1.3% | 0.9% |
| [Alight Inc. (ALIT)](https://www.getswoopr.com/stocks/companies/alight-inc/) | $2.3 billion FY2025 | -3.0% | -136.6% | -136.9% |
| [ExlService Holdings Inc. (EXLS)](https://www.getswoopr.com/stocks/companies/exlservice-holdings-inc/) | $2.1 billion FY2025 | 13.6% | 15.0% | 12.0% |
| [Fair Isaac (FICO)](https://www.getswoopr.com/stocks/companies/fair-isaac/) | $2.0 billion FY2025 | 15.9% | 46.5% | 32.7% |
| [TIC Solutions Inc. (TIC)](https://www.getswoopr.com/stocks/companies/tic-solutions-inc/) | $1.5 billion FY2025 | n/a | -1.1% | -5.7% |
| [HealthEquity Inc. (HQY)](https://www.getswoopr.com/stocks/companies/healthequity-inc/) | $1.3 billion FY2026 | 9.5% | 24.6% | 16.4% |
| [Paymentus Holdings Inc. (PAY)](https://www.getswoopr.com/stocks/companies/paymentus-holdings-inc/) | $1.2 billion FY2025 | 37.3% | 6.3% | 5.6% |
| [MediaAlpha Inc. (MAX)](https://www.getswoopr.com/stocks/companies/mediaalpha-inc/) | $1.1 billion FY2025 | 28.8% | 2.0% | 2.3% |
| [Getty Images Holdings Inc. (GETY)](https://www.getswoopr.com/stocks/companies/getty-images-holdings-inc/) | $981 million FY2025 | 4.5% | 8.6% | -21.0% |
| [Claritev Corporation (CTEV)](https://www.getswoopr.com/stocks/companies/claritev-corporation/) | $965 million FY2025 | 3.7% | 3.0% | -29.4% |
| [Priority Technology Holdings Inc. (PRTH)](https://www.getswoopr.com/stocks/companies/priority-technology-holdings-inc/) | $953 million FY2025 | 8.3% | 14.8% | 5.8% |
| [Nutex Health Inc. (NUTX)](https://www.getswoopr.com/stocks/companies/nutex-health-inc/) | $875 million FY2025 | 82.4% | 31.5% | 8.1% |
| [XBP Global Holdings Inc. (XBP)](https://www.getswoopr.com/stocks/companies/xbp-global-holdings-inc/) | $873 million FY2024 | n/a | -12.1% | -24.7% |
| [ACV Auctions Inc. (ACVA)](https://www.getswoopr.com/stocks/companies/acv-auctions-inc/) | $760 million FY2025 | 19.2% | -8.3% | -8.7% |
| [Xometry Inc. (XMTR)](https://www.getswoopr.com/stocks/companies/xometry-inc/) | $687 million FY2025 | 25.9% | -6.6% | -9.0% |
| [Flywire Corporation Voting (FLYW)](https://www.getswoopr.com/stocks/companies/flywire-corporation-voting/) | $623 million FY2025 | 26.6% | 1.8% | 2.2% |
| [International Money Express Inc. (IMXI)](https://www.getswoopr.com/stocks/companies/international-money-express-inc/) | $608 million FY2025 | -7.7% | 9.2% | 5.4% |
| [Phreesia Inc. (PHR)](https://www.getswoopr.com/stocks/companies/phreesia-inc/) | $481 million FY2026 | 14.5% | -1.4% | 0.5% |
| [Resources Connection Inc. (RGP)](https://www.getswoopr.com/stocks/companies/resources-connection-inc/) | $452 million FY2026 | -18.0% | -8.5% | -9.0% |
| [Rimini Street Inc. (RMNI)](https://www.getswoopr.com/stocks/companies/rimini-street-inc/) | $422 million FY2025 | -1.7% | 14.2% | 8.8% |
| [comScore Inc. (SCOR)](https://www.getswoopr.com/stocks/companies/comscore-inc/) | $357 million FY2025 | 0.4% | 1.3% | -2.8% |
| [Repay Holdings Corporation (RPAY)](https://www.getswoopr.com/stocks/companies/repay-holdings-corporation/) | $309 million FY2025 | -1.2% | -82.4% | -83.0% |
| [American Well Corporation (AMWL)](https://www.getswoopr.com/stocks/companies/american-well-corporation/) | $249 million FY2025 | -2.0% | -42.2% | -38.4% |
| [Cass Information Systems Inc (CASS)](https://www.getswoopr.com/stocks/companies/cass-information-systems-inc/) | $191 million FY2025 | 5.3% | n/a | 18.4% |
| [DHI Group Inc. (DHX)](https://www.getswoopr.com/stocks/companies/dhi-group-inc/) | $128 million FY2025 | -9.9% | -8.9% | -10.6% |
| [Bridger Aerospace Group Holdings Inc. (BAER)](https://www.getswoopr.com/stocks/companies/bridger-aerospace-group-holdings-inc/) | $123 million FY2025 | 24.6% | n/a | 3.4% |
| [OptimizeRx Corporation (OPRX)](https://www.getswoopr.com/stocks/companies/optimizerx-corporation/) | $109 million FY2025 | 18.8% | 10.7% | 4.7% |
| [Paysign Inc. (PAYS)](https://www.getswoopr.com/stocks/companies/paysign-inc/) | $82 million FY2025 | 40.5% | 9.0% | 9.2% |
| [Outdoor Holding Company (POWW)](https://www.getswoopr.com/stocks/companies/outdoor-holding-company/) | $51 million FY2026 | 3.5% | -12.3% | -6.9% |
| [Heritage Global Inc. (HGBL)](https://www.getswoopr.com/stocks/companies/heritage-global-inc/) | $51 million FY2025 | 12.4% | 11.2% | 7.0% |
| [Research Solutions Inc (RSSS)](https://www.getswoopr.com/stocks/companies/research-solutions-inc/) | $49 million FY2025 | 9.9% | 5.1% | 2.6% |
| [Datavault AI Inc. (DVLT)](https://www.getswoopr.com/stocks/companies/datavault-ai-inc/) | $39 million FY2025 | 1361.8% | -83.1% | -202.1% |
| [The OLB Group Inc. (OLB)](https://www.getswoopr.com/stocks/companies/the-olb-group-inc/) | $9 million FY2025 | -32.4% | -59.5% | -67.7% |
| [Callan JMB Inc. (CJMB)](https://www.getswoopr.com/stocks/companies/callan-jmb-inc/) | $6 million FY2025 | -12.8% | -122.9% | -139.2% |
| [Ucommune International Ltd (UK)](https://www.getswoopr.com/stocks/companies/ucommune-international-ltd/) | $4 million FY2025 | -84.4% | -155.5% | -150.3% |
| [TEN Holdings Inc. (XHLD)](https://www.getswoopr.com/stocks/companies/ten-holdings-inc/) | $3 million FY2025 | -9.4% | -432.5% | -628.5% |
| [Treasure Global Inc. (TGL)](https://www.getswoopr.com/stocks/companies/treasure-global-inc/) | $2 million FY2025 | -89.4% | -945.3% | -1003.1% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for PayPal and 7 peers: Accenture (ACN) 14.7%, PDD Holdings (PDD) 21.6%, Uber (UBER) 10.7%, Visa Inc. (V) 60.0%, PayPal (PYPL) 18.3%, Mastercard (MA) 57.6%, MercadoLibre (MELI) 11.1%, Fiserv (FISV) 27.5%.](https://www.getswoopr.com/images/charts/paypal-competitors-peer-margins.webp)
*Operating margin of PayPal against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does PayPal Rank Among All SEC Filers in Its Industry Code?

62 companies with annual reports in Swoopr's SEC dataset share SIC code 7389 (Services-Business Services, NEC), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | PayPal | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $33.2 billion | $1.3 billion | 5 of 62 |
| Revenue growth | 4.3% | 8.1% | 38 of 60 |
| Operating margin | 18.3% | 8.5% | 13 of 58 |
| Net margin | 15.8% | 3.9% | 13 of 62 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value PayPal reported in its own SEC filings, read from the SEC's XBRL data (accession 0001633917-26-000024 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are PayPal's competitors?

Companies sharing PayPal's SEC classification (SIC code 7389 (Services-Business Services, NEC)) include Accenture (ACN), PDD Holdings (PDD), Uber (UBER), Visa Inc. (V), Mastercard (MA). Its 10-K names the competitors it considers most relevant.

### How does PayPal compare with its peers on margins?

PayPal's fiscal 2025 operating margin was 18.3%, against a peer median of 8.5%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does PayPal rank among all companies in its SEC industry?

Among 62 SEC filers under SIC code 7389, PayPal ranks 5 by latest revenue, and 13 of 58 by operating margin (18.3% against a median of 8.5%).

## References

- [SEC EDGAR: PayPal Holdings, Inc. Form 10-K filed February 3, 2026](https://www.sec.gov/Archives/edgar/data/1633917/000163391726000024/pypl-20251231.htm)
- [SEC EDGAR: PayPal Holdings, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1633917&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [PayPal company dossier](https://www.getswoopr.com/stocks/companies/paypal/)
- [PayPal financial metrics](https://www.getswoopr.com/stocks/companies/paypal/metrics/)
- [PayPal financial risk indicators](https://www.getswoopr.com/stocks/companies/paypal/risks/)
- [PayPal peer comparison](https://www.getswoopr.com/stocks/companies/paypal/competitors/)
- [PayPal business model and revenue mix](https://www.getswoopr.com/stocks/companies/paypal/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).