# PayPay share price today (PayPay Corporation, PAYP) > PayPay Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PAYP · Technology · Software - Infrastructure · data as of 19 October 2026. Page: https://www.sectoralpha.in/us/stocks/payp ## Key numbers - Price: $15.5 - P/E: 13.5×, over 1 years - Revenue (Mar 26): $102 B (+30.0% on a year ago) - Profit (Mar 26): $14.5 B (+41.9% on a year ago) - Operating margin: 18.7% (+9.4 points on a year ago) - ROE: 37%, FY26 - ROIC: 9.0% - Profit that came in as cash: 338%, last 2 years Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the PayPay share price today? PayPay Corporation's share price was $15.5 at the close on 19 October 2026. In the last 52 weeks it traded between $12 and $23, and at that close it sat 30% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 4 weeks running. Over the last 7 months the share price moved −27% while the S&P 500 moved +16%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart below shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does PayPay pay? PayPay Corporation pays no dividend. In the last 8 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is PayPay on? PayPay is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is PayPay profitable? PayPay Corporation earned $14.5 B of net profit in the Mar 26 quarter, +41.9% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was $118 B. That is 14.2% of the quarter's revenue. The same quarter a year earlier earned $10.2 B. For the full year, FY26 profit was $118 B (+200.8% on the year before). Why profit moved: revenue changed +30.0% on a year earlier and the margin moved +9.4 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +204.2% and revenue +27.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does PayPay make, and is it growing? PayPay Corporation reported $102 B of revenue in the Mar 26 quarter, +30.0% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 3 years it has grown 23.7% a year on average. The last full year, FY26, came in at $381 B. The last four reported quarters add to $381 B. FY26 revenue was $381 B, +27.3% on the year before. Recent pace: the last four quarters grew +27.3% on average, against 23.7% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does PayPay keep? PayPay Corporation's operating margin was 18.7% in the Mar 26 quarter, 9.4 percentage points higher than the same quarter a year ago. Across 4 years it has been between −10.2% and 21.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +9.4 percentage points on the year while gross margin changed +3.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is PayPay's profit turning into cash? Over the last 2 years, 338% of PayPay Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $375 B of operating cash against $118 B of profit. After $6.4 B of spending on assets, $369 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does PayPay's cash go? PayPay Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $16.0 B on assets over the last 3 years. Averaged over those years that is 1.4% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $16.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is PayPay's P/E ratio, and how does it compare with its own history? PayPay Corporation's P/E is 13.5×, with too little history to compare. Its usual P/E (the middle reading) is 0.1×, over 0.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the PayPay business getting better or worse? PayPay Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does PayPay earn on its capital? PayPay Corporation earned a ROE of 27% in FY26. That is up from a low of −0% in FY24. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 30.9% net margin and 0.07× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 30.9% net margin × 0.07× asset turnover × 12.02× leverage (assets divided by equity) ≈ 26.0% on equity. The margin does most of the work; borrowing is a big part of it. ## Does PayPay have too much debt? PayPay Corporation has total debt of $766 B against shareholder equity of $450 B as of Jun 26, so its debt is 1.70× its equity. Year by year, that ratio went from 3.19 in FY24 to 1.33 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the PayPay shareholding pattern? We have no ownership or short-position figures for PayPay Corporation, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 4.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is PayPay from balance-sheet trouble? For PayPay Corporation, the Z-score is 0.40. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.40 is inside the danger zone, so the balance sheet is a real risk. ## How does PayPay rank in its industry? There is no score against its industry: PayPay Corporation is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is PayPay compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## What else do people ask about PayPay? ### What is PayPay's stock price today? PayPay Corporation's stock price is $15.5. The whole company is worth $11.0 B on the market. In the last 52 weeks it traded between $12 to $23; today it is 30% of the way up from the low (as of 19 October 2026). ### What were PayPay's latest quarterly results? PayPay Corporation reported revenue of $102 B and net profit of $14.5 B for the Mar 26 quarter. Revenue rose 30.0% and profit rose 41.9% compared with a year earlier. Earnings per share were $20.75. The operating margin was 18.7%, 9.4 percentage points higher than a year earlier (as of 19 October 2026). ### What is PayPay's market cap? PayPay Corporation's market capitalisation is $11.0 B at a stock price of $15.5. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 19 October 2026). ### How is PayPay performing? PayPay Corporation's latest readings are below. In its latest quarter, revenue rose 30.0% and profit rose 41.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 4 weeks running. This describes what the data did, not a rating (as of 19 October 2026). ### Will PayPay's stock price go up? This page does not forecast PayPay Corporation's stock price. What it shows instead: the stock price is $15.5. Nobody can reliably say which way a price will move, and this site does not try (as of 19 October 2026). ### Where is PayPay in its business cycle? PayPay Corporation's FY26 operating margin was 21.0%, against a 4-year range of −10.2% to 21.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 18.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 19 October 2026). ### What could break the PayPay story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 19 October 2026). ### Is PayPay a stock worth studying right now? What the numbers show: PayPay Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 19 October 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.