PayPal Holdings, Inc. 2026: Revenue $8.68B, EPS $1.25— 10-Q Summary
Complete. Here is the key summaryPayPal reported Q2 2026 revenue of $8.68B, up 4.8% YoY, driven by 10% TPV growth and gains from hedging, Braintree, and Venmo. Net income declined to $1.1B (-12.5%) due to higher costs, resulting in diluted EPS of $1.25 (-3.1%). Active accounts remained stable at 439M. The company initiated a reorganization targeting $1.5B in annual savings, with near-term charges of $120–140M expected.
PayPal Holdings, Inc. reported results for the quarter ended 2026 with revenue of $8.68B and diluted EPS of $1.25, as net income declined to $1.1B versus $1.26B a year earlier.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $8.68B | $8.29B | 4.8% |
| Net income² | $1.1B | $1.26B | (12.5%) |
| Diluted EPS³ | $1.25 | $1.29 | (3.1%) |
¹ Reported as “Net revenues”. ² Reported as “Net income”. ³ Reported as “Net income (loss) per share”.
Business Highlights
- Revenue growth was driven by roughly 10% TPV growth, gains from hedging, and expansion in Braintree and Venmo, lifting net revenues about 5% quarter-over-quarter and ~6% year-to-date.
- Channel mix shifted toward higher TPV share from Braintree and Venmo, while PayPal product revenue was pressured by co-marketing and declines in FX fees.
- Active accounts remained stable at about 439M, with transactions up roughly 8% to 6.75B for the quarter and transactions per account rising to 60.
- Management initiated an April 2026 reorganization targeting $1.5B of annual run-rate savings; near-term transformation charges are expected to be about $120–140M.
- Loss rates improved on lower fraud and credit losses; the company continues to emphasize cybersecurity, regulatory compliance, and credit portfolio funding.
Original SEC Filing: PayPal Holdings, Inc. [ PYPL ] - 10-Q - Jul. 28, 2026