Lemon Squeezy and PayPal revenue

Updated 2026-08-04

Lemon Squeezy is where the modern subscription business runs. PayPal is usually what came before it — an old checkout, a long-standing customer, an invoice workflow that never got migrated.

What each contributes

	True MRR	Today's cash
Lemon Squeezy	✅ interval-normalised	✅ fees approximated as zero
PayPal	❌ not computed	✅ payments received

The caveat that matters most here

If you still run recurring billing through PayPal — which is common for businesses that predate Lemon Squeezy — those subscriptions will not appear in your True MRR figure. FRGMNT reads PayPal as cash only.

That means your MRR reads low by exactly the amount of your PayPal subscriptions. For some businesses that's negligible; for others it's a material gap.

If PayPal recurring revenue is significant for you, treat the MRR figure as covering the Lemon Squeezy side and track the PayPal subscriptions separately until that changes.

Currency

This pairing has a higher-than-usual chance of multi-currency exposure — Lemon Squeezy sells internationally by design, and PayPal is often used precisely because a customer is overseas.

FRGMNT assumes USD and sums without conversion. If you're billing in euros and dollars, treat combined totals as indicative rather than exact. See multi-currency MRR.

Setting up

Lemon Squeezy needs an API key; PayPal needs a REST app client ID and secret scoped to reporting.

The migration angle

Plenty of people running this pairing are mid-migration — moving customers off PayPal and onto Lemon Squeezy. Watching both in one place makes the progress visible: Lemon Squeezy MRR climbing while PayPal cash declines is exactly the shape you want.

Frequently asked

Do Lemon Squeezy and PayPal both count towards MRR?

Only Lemon Squeezy. FRGMNT does not currently compute recurring revenue from PayPal, so PayPal subscriptions will not appear in your MRR figure.

Is Lemon Squeezy better than taking PayPal directly?

For subscriptions, generally yes — as a merchant of record it handles VAT and sales tax, which is a substantial administrative saving for a solo business selling internationally.