PayPal Beats Q3 Profit Forecasts, Raises 2026 EPS Guidance
PayPal (NASDAQ: PYPL) delivered mixed but broadly encouraging third-quarter 2026 results on October 27, beating earnings expectations while falling slightly short on revenue. The digital payments company reported adjusted EPS of $1.45, 10.7% above the analyst consensus of $1.31. Its share buyback program helped reduce its diluted share count year over year, from 960 million to 858 million.
Revenue came in at $8.58 billion, up 2% year over year but slightly below Wall Street’s estimate of $8.71 billion. Total payment volume (TPV) rose 6.3% to $487.14 billion, while payment transactions increased 7.3% to 6.80 billion across 440 million active customer accounts.
Following the strong earnings performance, management raised its full-year 2026 non-GAAP EPS guidance to approximately $5.60, up from its previous target of $5.38 and above the analyst consensus of $5.39. CEO Enrique Lores said the company is making “satisfactory progress” in its multiyear transformation and is “increasingly confident” in delivering sustainable, profitable growth.
PayPal also declared a quarterly cash dividend of $0.14 per share, payable December 24 to shareholders of record on December 4.
Source: Quartz – PayPal raises full-year profit forecast in Q3 2026 earnings