PayPal Holdings (PYPL) reported second-quarter 2026 net revenues of $8.7 billion, up 5% year over year, while GAAP net income fell 12% to $1.1 billion.
GAAP diluted earnings per share declined 3% to $1.25. The company raised full-year non-GAAP transaction margin dollars and EPS guidance and reaffirmed GAAP EPS guidance.
- Total payment volume increased 10% to $486.4 billion, or 9% on a currency-neutral basis.
- Payment transactions rose 8% to 6.8 billion.
- Active accounts increased 0.3% to 439 million.
- Cash flow from operations was $2.0 billion, and free cash flow was $1.8 billion.
- PayPal repurchased about 33 million shares for $1.5 billion in the quarter.
- The board declared a cash dividend of $0.14 per share, payable September 25, 2026.
