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Paypal (PYPL) Reports Q1 Earnings: What Key Metrics Have to Say

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Paypal (PYPL - Free Report) reported $8.35 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 7.2%. EPS of $1.34 for the same period compares to $1.33 a year ago.

The reported revenue represents a surprise of +2.96% over the Zacks Consensus Estimate of $8.11 billion. With the consensus EPS estimate being $1.27, the EPS surprise was +5.85%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Paypal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Payment Volume (TPV): $463.96 billion versus the six-analyst average estimate of $447.88 billion.
  • Transaction margin: 45.6% versus 45.9% estimated by six analysts on average.
  • Transaction expense rate: 0.9% compared to the 0.9% average estimate based on four analysts.
  • Transaction and Credit loss rate: 0.1% versus 0.1% estimated by three analysts on average.
  • Active accounts: 439 versus 440 estimated by three analysts on average.
  • Number of payment transactions: 6,475 versus 6,317 estimated by two analysts on average.
  • Payment transactions per active account: 59 versus 36 estimated by two analysts on average.
  • Net Revenues- Revenues from other value added services: $852 million versus $783.59 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +9.9% change.
  • Net Revenues- Transaction revenues: $7.5 billion versus $7.31 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +6.9% change.

View all Key Company Metrics for Paypal here>>>

Shares of Paypal have returned +10.8% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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