PayPal just delivered the kind of quarter that makes analysts look conservative. The company reported adjusted earnings per share of $1.38 for Q2 2026, comfortably clearing the $1.28 consensus estimate. Revenue landed at roughly $8.68 billion, also topping the forecasted $8.5 billion.
The numbers behind the beat
The Q2 results build on momentum that was already visible earlier this year. In Q1 2026, PayPal posted net revenues of $8.4 billion, representing a 7% increase year-over-year. Total payment volume for that quarter reached $464 billion, growing 11% compared to the same period a year earlier.
The company also reported 439 million active accounts as of Q1. The earnings call was held on July 28.
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