PayPal Reports Strong Q2 Earnings, Raises Full-Year Guidance
PayPal reported second-quarter earnings that exceeded Wall Street expectations, leading to a nearly 4% rise in its stock price. The company posted adjusted earnings of $1.38 per share on revenue of $8.68 billion for the quarter ended June 30, surpassing analyst estimates and showing year-over-year growth in total payment volume (TPV) and transaction numbers. Despite strong top-line performance, profitability metrics remained under pressure with declines in both GAAP and non-GAAP operating income and margins. CEO Enrique Lores highlighted progress on the company's transformation strategy, noting stabilization in branded checkout and continued momentum in Venmo and Braintree. PayPal raised its full-year 2026 guidance for non-GAAP transaction margin dollars and earnings per share. For Q3, the company expects both GAAP and non-GAAP EPS to decline by a low-single-digit percentage compared with last year.
Tickers: $PYPL
Topics: Earnings Guidance Update Stock Performance