PayPal Q1 2026 EPS of $1.34 beats; Q2 non-GAAP EPS guided down about 9%

PayPal reported first-quarter 2026 revenue of $8.35 billion, up 7%, and non-GAAP EPS of $1.34, up 1%, with total payment volume up 11% to $464.0 billion. It reiterated its full-year outlook, but guided second-quarter non-GAAP EPS to a high-single-digit decline, about 9%, and GAAP EPS to a mid-single-digit decline. Shares fell on the weaker near-term outlook despite the headline beat. Management also repurchased $1.5 billion of stock and declared a $0.14 dividend.

• Q1 revenue $8.35B, +7% (+5% FXN); TPV $464.0B, +11% (+8% FXN)
• Q1 non-GAAP EPS $1.34, +1%; GAAP EPS $1.21, -6%
• Transaction margin dollars $3.81B, +3%; active accounts 439M, +1%
• Q2 guidance: non-GAAP EPS high-single-digit decline (about -9%); GAAP EPS mid-single-digit decline
• Q1 buybacks $1.5B (about 34 million shares); dividend $0.14 payable June 25, 2026

SEC filing 8-K · accession 0001633917-26-000065 · sec.gov ↗