PayPal Q2 revenue beats on strong momentum in Venmo and Braintree

PayPal Holdings

28/07/2026 12:12

Overview
Payments platform's Q2 revenue rose 5%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased $1.5 bln of shares in Q2

Outlook
PayPal raises FY26 non-GAAP EPS guidance to ~$5.38
Company reaffirms FY26 GAAP EPS guidance for mid-single digit decline
PayPal expects 3Q26 GAAP and non-GAAP EPS to decline low-single digit percent

Result Drivers
BRANDED CHECKOUT STABILIZATION - Co said branded checkout business has further stabilized, supporting overall performance
VENMO AND BRAINTREE MOMENTUM - Co cited strong momentum in Venmo and Braintree as contributing to Q2 results
BUSINESS MODEL DIVERSIFICATION - Co said it is diversifying through financial services as part of its transformation plan

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$8.70 bln
$8.47 bln (34 Analysts)
Q2 Adjusted EPS
Beat
$1.38
$1.28 (36 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 32 "hold" and 4 "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Paypal Holdings Inc is $50.00, about 10.8% below its July 27 closing price of $56.07
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Reuters Recommended Reads
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July 28 - India's Pine Labs profit jumps four-fold as digital payments adoption increases
July 28 - TransUnion beats Q2 revenue estimates, raises 2026 revenue growth outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)