PayPal Beat Expectations, Raises Guidance

PayPal (PYPL) reported earnings of $1.38 per share on revenue of $8.68 billion for the second quarter ended June 2026. The consensus earnings estimate was $1.28 per share on revenue of $8.51 billion. The Earnings Whisper number was $1.33 per share. The company beat expectations by 3.76% while revenue grew 4.75% on a year-over-year basis.

The company said it expects third-quarter earnings of approximately $1.31 per share and 2026 earnings of approximately $5.38 per share. The company's previous guidance was 2026 earnings of $5.18 to $5.36 per share. The current consensus estimate is earnings of $1.34 per share for the quarter ending September 30, 2026, and earnings of $5.32 per share for the year ending December 31, 2026.

Enrique Lores, President and CEO, said, "I'm encouraged by the progress we made this quarter. We moved with urgency to sharpen our transformation plan and advance our growth strategies across our three businesses. Branded checkout has further stabilized and we’re building on the strong momentum in Venmo and Braintree as well as diversifying our business model through financial services. Based on the strength of our execution and confidence in the trajectory of the business, we're raising our full-year non-GAAP guidance. Our transformation is well underway, and we're executing with discipline on our priorities to deliver durable, profitable growth over the long term."

Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.