PayPal reported better-than-expected results for Q2, with earnings per share at $1.40 and revenue at $8.29 billion. Sales increased 5% to $7.89 billion, and transaction margin dollars rose 7% to $3.84 billion. Total payment volume exceeded estimates at $443.6 billion, with active accounts reaching 438 million.

Venmo revenue grew over 20% from last year, and total payment volume increased 12%. PayPal shares are down nearly 10% this year. CEO Alex Chriss is focusing on monetizing acquisitions like Braintree and Venmo. Businesses like DoorDash, Starbucks, and Ticketmaster now accept Venmo for payments.

For Q3, PayPal forecasts adjusted earnings per share of $1.18 to $1.22. Full-year adjusted earnings per share guidance was raised to $5.15 to $5.30. Analysts were cautiously optimistic, noting improvements in branded checkout growth, e-commerce data, and checkout initiatives. The updated outlook implies a strong fourth quarter and projected free cash flow of $6 billion to $7 billion for the year.

Read more at CNBC: Paypal (PYPL) Q2 2025 earnings