PayPal Raises 2026 Non-GAAP EPS Outlook as Q3 Non-GAAP EPS Beats

PayPal raised its 2026 non-GAAP earnings-per-share outlook to about $5.60 after third-quarter non-GAAP EPS topped one analyst estimate, with revenue up 2% from a year earlier.

Revenue for the quarter ended Sept. 30 totaled $8.584 billion, about $126 million below one analyst estimate of $8.71 billion. Non-GAAP diluted EPS reached $1.45, up 8% year over year from $1.34 and 14 cents above an analyst estimate of $1.31.

The new full-year non-GAAP EPS forecast is up from the previous outlook of about $5.38. PayPal reaffirmed its full-year GAAP EPS outlook at about $5.07.

“We are raising our full-year non-GAAP guidance for transaction margin dollars and EPS,” PayPal President and CEO Enrique Lores said.

GAAP diluted EPS was $1.25, down 4% from a year earlier. GAAP net income fell 14% to $1.073 billion, while non-GAAP net income declined 3% to $1.245 billion.

Total payment volume increased 6% to $487.138 billion. On a currency-neutral basis, it rose 7%.