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Compared to Estimates, Paypal (PYPL) Q2 Earnings: A Look at Key Metrics

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For the quarter ended June 2026, Paypal (PYPL - Free Report) reported revenue of $8.68 billion, up 4.8% over the same period last year. EPS came in at $1.38, compared to $1.40 in the year-ago quarter.

The reported revenue represents a surprise of +2.02% over the Zacks Consensus Estimate of $8.51 billion. With the consensus EPS estimate being $1.28, the EPS surprise was +7.81%.

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): $486.45 billion versus the five-analyst average estimate of $474.52 billion.
  • Transaction margin: 44.9% versus 43.8% estimated by five analysts on average.
  • Transaction expense rate: 0.9% versus the four-analyst average estimate of 0.9%.
  • Transaction and Credit loss rate: 0.1% versus 0.1% estimated by three analysts on average.
  • Active accounts: 439 versus 440 estimated by two analysts on average.
  • Net Revenues- Revenues from other value added services: $850 million versus $857.42 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.
  • Net Revenues- Transaction revenues: $7.83 billion versus $7.65 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +5.3% change.

View all Key Company Metrics for Paypal here>>>

Shares of Paypal have returned +26.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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