PayPay Corporation

PAYPNASDAQTechnology● Active

$15.08

$-0.66(-4.19%)

Market Cap$10.2B

P/E Ratio—

52W High$24.89

52W Low$14.97

Avg Volume1.9M

Open$15.59

Beta0.00

Overview

PayPay Corporation (PAYP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

PAYP · free cash flow · updated Jun 8, 2026

Core FCF metrics

PAYP · FCF · TTM · margin & CAGR

Free cash flow was $133.76B for FY2025 (fiscal year ending 2025-03-31), up 386.8% year-over-year The FCF margin was 45.8%.

FY2025 Free Cash Flow$133.76B▲ +386.8% YoY

Trailing 12M (TTM)$295.31Btrailing 4 quarters sum

FCF Margin45.8%$133.76B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

PAYP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$155.85B(22.09B)$133.76B▲ +386.8%45.8%

FY2024$49.98B(22.50B)$27.48B▲ +112.3%11.1%

FY2023−$194.70B(29.38B)−$224.08B—-113.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

PAYP · P/FCF · FCF yield · FCF per share

PayPay Corporation (PAYP) trades at a FCF yield of 18.09% and a price-to-free-cash-flow ratio of 0.0x. FCF per share stands at $469.25, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

18.09%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$469.25

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x5.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-03-31

Cash flow statement summary

PAYP · cash flow statement · operating / investing / financing

For FY2025, PayPay Corporation generated $155.85B in operating cash flow and spent 22.09B in capital expenditures, yielding $133.76B in free cash flow.

Operating Activities

+$155.85B

Cash from core business operations

2025-03-31

Investing Activities

−$319.98B

CapEx, acquisitions & investments

2025-03-31

Financing Activities

−$210.32B

Buybacks, dividends & debt

2025-03-31

FCF FormulaOperating CF ($155.85B) − |CapEx| (22.09B) = FCF ($133.76B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

PAYP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

PayPay CorporationYOU

PAYP

$133.76B+386.8%45.8%

12%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

PayPay Corporation (PAYP) reported free cash flow of $133.76B for FY2025 (fiscal year ending 2025-03-31), up 386.8% year-over-year. The FCF margin was 45.8%.

Based on available data, PayPay Corporation has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $133.76B in FY2025.

PayPay Corporation's FCF yield is 18.09% and price-to-FCF ratio is 0.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

PAYP free cash flow · 8 questions

PayPay Corporation free cash flow was $133.76B for FY2025, up 386.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $295.31B.

PAYP free cash flowPAYP FCFPAYP FCF 2025PAYP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · PayPay Corporation · PayPay Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026