The Main Points
- PayPal reported second-quarter earnings of $1.38 per share, beating the $1.28 analyst estimate.
- Revenue came in at $8.68 billion, up 3% on a currency-neutral basis and above the $8.47 billion consensus.
- The company raised its full-year 2026 earnings guidance to $5.38 per share — a notable jump from its previous guidance, which had ranged from a slight decline to only modest growth.
- For the third quarter, PayPal expects adjusted earnings to decline slightly from a year ago.
- CEO Enrique Lores said the company is moving with urgency on its transformation plan across its core businesses.