PayPal raises full-year non-GAAP EPS guidance as Q2 profit slips
PayPal reported second-quarter 2026 net revenues of $8.7 billion, up 5%, while GAAP and non-GAAP earnings per share fell 3% and 1%, respectively. The company raised its full-year 2026 non-GAAP EPS guidance to about $5.38 and reaffirmed its GAAP EPS guidance, which means shareholders get a higher profit outlook alongside a quarter where profit declined.
Key points
- Net revenues rose 5% to $8.7 billion; non-GAAP operating income fell 8% to $1.5 billion.
- Non-GAAP EPS was $1.38, down 1% from $1.40; GAAP EPS was $1.25, down 3%.
- Full-year 2026 non-GAAP EPS guidance raised to about $5.38 from the May range of a low-single-digit decline to slightly positive growth versus the prior year's $5.31.
- Returned $1.5 billion to stockholders through buybacks of about 33 million shares in Q2; quarterly dividend of $0.14 per share payable September 25, 2026.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing 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 July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.