PayPal Q2 2026 earnings beat; raises full-year EPS guidance

Revenue for the 4th roseate 5% twelvemonth implicit twelvemonth to $8.68 billion. Analysts had expected $8.47 billion, according to The Wall Street Journal.

PayPal present expects full-year adjusted net of $5.38 a share, compared with $5.31 successful 2025. The institution had antecedently guided for a low-single-digit diminution to somewhat affirmative growth. For the afloat year, PayPal besides expects transaction borderline dollars — a cardinal profitability measurement — of astir $15.6 billion, up from $15.5 cardinal successful 2025 and a reversal of anterior guidance that had called for a flimsy decline.

In the 2nd quarter, transaction borderline dollars accrued 1% to $3.9 billion, a fig that climbs to 3% maturation erstwhile involvement connected lawsuit balances is stripped out. On a currency-neutral basis, full outgo measurement reached $486.4 billion, a 9% year-over-year increase. Non-GAAP operating borderline contracted 248 ground points twelvemonth implicit twelvemonth to 17.4%, arsenic non-transaction-related expenses roseate 9%.

On a GAAP basis, the institution posted nett income of $1.1 billion, oregon $1.25 a share, down from $1.26 billion, oregon $1.29 a share, a twelvemonth earlier.

Lores, who took the apical occupation successful March aft succeeding Alex Chriss, pointed to advancement crossed PayPal's 3 recently formed concern divisions. "We moved with urgency to sharpen our translation program and beforehand our maturation strategies crossed our 3 businesses," Lores said successful a statement. "Branded checkout has further stabilized and we're gathering connected the beardown momentum successful Venmo and Braintree arsenic good arsenic diversifying our concern exemplary done fiscal services."

The institution said Venmo Debit Card monthly progressive accounts grew much than 50% twelvemonth implicit year, portion Braintree full outgo measurement grew successful the mid-teens. The institution besides said it is connected people to execute $400 cardinal successful gross run-rate savings successful 2026, with a longer-term people of astatine slightest $1.5 cardinal to beryllium realized implicit the pursuing 2 to 3 years.

Looking up to the 3rd quarter, PayPal projected that adjusted net would gaffe by a low-single-digit percent against the $1.34 a stock it posted successful the year-ago period.

PayPal banal fell astir 2% successful premarket trading Tuesday.