PayPal 1Q26 GAAP EPS falls 6% to $1.21; net revenue rises 7% to $8.4 billion

PayPal Holdings, Inc.

PYPL

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PayPal Holdings Inc. posted 1Q 2026 net income of $1.11 billion, down 14%, while net revenues rose 7% to $8.35 billion.
Diluted EPS fell 6% to $1.21, while GAAP operating income dipped 3% to $1.49 billion as operating margin narrowed 1.82 percentage points to 17.8%.
Total payment volume climbed 11% to $463.96 billion, while payment transactions increased 7% to 6.48 billion.
Active accounts increased 1% to 439 million, while payment transactions per active account slipped 1% to 58.7.
Full-year 2026 guidance was reiterated, with GAAP EPS still seen down a mid-single digit and non-GAAP EPS expected to range from a low-single digit decline to slightly positive.

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