PayPal Q2 Earnings Beat Estimates, Raises Full-Year Guidance
PayPal reported second-quarter adjusted earnings of $1.38 per share for 2026, exceeding analyst expectations of $1.28 and signaling early progress under CEO Enrique Lores's leadership. Revenue rose to $8.68 billion from $8.47 billion expected by analysts. The company raised its full-year profit guidance to $5.38 a share compared with previous estimates ranging between decline and slight growth. PayPal also revised upward its transaction margin dollars for the year, projecting roughly $15.6 billion versus prior expectations of a small drop from 2025's $15.5 billion. Total payment volume increased by 9% to $486.4 billion on a currency-neutral basis in Q2. Despite these gains, GAAP net income fell slightly year over year and non-GAAP operating margin contracted due to rising expenses unrelated to transactions.
Tickers: $PYPL
Topics: CEO Turnaround Strategy Earnings Beat EPS Guidance Upgrade