Earnings Releases·Oct 27, 2026, 7:02 AM ET

PayPal Holdings, Inc. — Third Quarter 2026 Earnings Summary

Net revenues rose 2% year-over-year to $8.6 billion, driven by a 6% increase in total payment volume to $487.1 billion and a 7% rise in payment transactions, while active accounts grew 0.6% to 440 million.
The company raised full-year 2026 non-GAAP TM$ and EPS guidance to ~$5.60 (previously ~$5.38) and reaffirmed GAAP EPS guidance at ~$5.07, citing strong contributions from key growth areas and progress in its multi-year transformation.
Capital return activities included a $0.14 per share quarterly dividend declaration and $1.5 billion in share repurchases during Q3 2026, bringing total 12-month returns to $6.0 billion.
GAAP operating income decreased 8% to $1.4 billion and GAAP net income fell 14% to $1.07 billion, whereas non-GAAP operating income and EPS increased 3% and 8% respectively, with non-GAAP operating margin expanding 16 basis points to 18.8%.
Management expressed confidence in the path to durable, profitable growth despite risks related to competition, regulatory changes, and macroeconomic conditions, noting that strategy is beginning to translate into financial results.