PayPal Q4 revenue rises 4% to $8.7 billion; 2026 profit guidance points to a decline
PayPal reported fourth-quarter and full-year 2025 results with revenue and earnings per share higher than a year earlier, and named Enrique Lores as its next President and CEO. The company's 2026 guidance calls for a mid-single digit decline in first-quarter non-GAAP EPS and a low-single digit decline to slightly positive full-year non-GAAP EPS, which matters to shareholders because it signals lower expected earnings in the year ahead.
Key points
- Q4 2025 net revenues rose 4% to $8.7 billion; non-GAAP EPS rose 3% to $1.23, and GAAP EPS rose 38% to $1.53.
- Full-year 2025 net revenues rose 4% to $33.2 billion, and non-GAAP EPS rose 14% to $5.31.
- 2026 guidance: first-quarter non-GAAP EPS expected to show a mid-single digit decline from $1.33; full-year non-GAAP EPS expected to show a low-single digit decline to slightly positive from $5.31.
- The Board appointed Enrique Lores as next President and CEO; Jamie Miller is currently interim CEO. A quarterly dividend of $0.14 per share is payable March 25, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.