profit from every $100 of sales.
$0$100
PayPay
$14.35+1.20% today
-32.1% since Mar 9, 26
1-year low $12.371-year high $24.56
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $42.90 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What PayPay sold, what it kept, and what it did with the cash.
Sales went from ¥197 billion in 2023 to ¥292 billion in 2025, with ¥36.2 billion of profit last year.
SalesProfit
PayPay handed back 0% of the cash it generated last year.
¥283M
Free cash flow 2025¥133.8B
Bought back its own shares–
Paid as dividends¥283M
Cash vs. debt¥369.1B vs. ¥411.7B
PayPay vs. similar companies
PayPay grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| PayPay | 42.9× · Expensive | ||
 Microsoft | 29.1× · Fair price | ||
 Palantir Technologies | 249.1× · Very expensive | ||
 Oracle | 22.9× · Fair price | ||
 Palo Alto Networks | 232.6× · Very expensive |
AI analysis
An AI analyst reads PayPay's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of JPY | 2023 | 2024 | 2025 |
|---|---|---|---|
| 197,212 | 248,011 | 292,037 | |
| 166,736 | 210,247 | 250,554 | |
| -6,585 | 14,295 | 58,782 | |
| -4,378 | 20,533 | 60,606 | |
| -25,856 | -3,350 | 36,170 | |
| -38.67 | -5.01 | 54.10 | |
| 84.5% | 84.8% | 85.8% | |
| -3.3% | 5.8% | 20.1% | |
| -13.1% | -1.4% | 12.4% |
Balance sheet
| In millions of JPY | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total assets | 3,288,268 | 3,806,382 | 4,042,105 |
| Cash | 859,313 | 742,693 | 369,077 |
| Total debt | 503,238 | 610,952 | 411,675 |
| Total liabilities | 3,096,728 | 3,615,131 | 3,818,374 |
| 72,057 | 65,162 | 99,895 | |
| 669 | 669 | 669 | |
| -2.6% | 0.2% | 6.1% | |
| -35.9% | -5.1% | 36.2% |
Cash flow
| In millions of JPY | 2023 | 2024 | 2025 |
|---|---|---|---|
| -194,702 | 49,975 | 155,849 | |
| 29,381 | 22,495 | 22,086 | |
| -224,083 | 27,480 | 133,763 | |
| Dividends paid | 4,929 | 179 | 283 |
| – | – | – | |
| – | – | – |
Valuation
- 42.9×
- –
- –
- 3.8×
- 5.3×
- 11.6×
- 26.3×
- 8.6%
- 2.3%
- 0.0%
Profitability
- 85.8%
- 20.1%
- 12.4%
- 29.3%
- 7.6%
- 2.8%
- 57.6%
- 2.2%
- 1.7%
- –
Growth
- +21.7%
- –
- +386.8%
- –
- −1.2%
Financial health
- 1.8×
- 1.46
- 11.2%
- 8.5×
- 0.49
- 4.02
- 0.07
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 50%of 973
Top 16%of 979
Bottom 32%of 746
Top 23%of 979
Top 12%of 981
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.13 | 0.10 | +30.0% |
| Feb 13, 2026 | 0.18 | – | – |
0.0%of the share price, paid each year
On $1,000 invested$0a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
0.8% of its profit
Room to growStretchedMore than it earns: 0.2%
News
PayPay Corporation GAAP EPS of ¥52.44, revenue of ¥227.9BSeeking Alpha · Nov 13, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
43No pass
Benjamin Graham
11No pass
Philip Fisher
60Pass
Peter Lynch
74Pass
Joel Greenblatt
7No pass
Charlie Munger
36No pass
Terry Smith
39No pass
Questions about PayPay
Is PayPay a good stock to buy?
A solid business, but the price is high. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the PayPay AI analysis
What does PayPay do?
PayPay Corporation, a digital finance platform, provides payment and financial services in Japan. It operates through two segments, Payment and Financial Service. It is in Software - Infrastructure, based in Shinjuku, Japan.
Does PayPay pay a dividend?
Yes. At today's price the dividend is 0.0% a year, about 1% of its yearly profit. In 2025 it paid out $283 million in dividends.
Is PayPay stock halal?
No. PayPay does not pass our halal screen: its cash and receivables are 88% of its market value, at or above the 49% limit. How we check
Who are PayPay's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with PayPay's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.