PayPal beats earnings expectations, misses on revenue and reaffirms guidance for 2025

From CNBC: 2025-04-29 07:19:00

PayPal reported better-than-expected earnings for the first quarter but missed on revenue, citing macro uncertainty. Earnings per share were $1.33, adjusted, versus $1.16 expected, with revenue at $7.79 billion compared to an expected $7.85 billion. Transaction margin dollars grew 7% to $3.7 billion under CEO Alex Chriss.

Total payment volume missed estimates at $417.2 billion, with active accounts rising 2% to 436 million. Venmo revenue rose 20% year over year, with total payment volume increasing 10% to $75.9 billion. Pay with Venmo transaction volume rose by 50%, and Venmo debit card monthly active users were up 40%.

PayPal shares are down 24% this year, with total payment volume showing a slight miss. The company reaffirmed its guidance for 2025, with adjusted earnings per share forecasted at $1.29 to $1.31 for the second quarter. PayPal expects earnings per share of $4.95 to $5.10 for the full year.



Read more at CNBC:: PayPal (PYPL) Q1 earnings