PayPal Q4 2025 EPS of $1.23 misses Street; 2026 non-GAAP EPS guided to decline

PayPal reported fourth-quarter 2025 net revenues of $8.7 billion, up 4% (3% currency-neutral), and non-GAAP EPS of $1.23, up 3%. For 2026 it guided non-GAAP EPS to a low-single-digit decline to slightly positive and GAAP EPS to a mid-single-digit decline, a reset that management tied to weak execution in branded checkout. The release also confirmed about $6 billion of 2025 buybacks and the first quarterly dividend, $0.14 per share.

• Q4 revenue $8.7B, +4% (+3% FXN); total payment volume $475.1B, +9%
• Q4 GAAP EPS $1.53; non-GAAP EPS $1.23, +3%
• FY2025 revenue $33.2B, +4%; FY2025 non-GAAP EPS $5.31, +14%
• 2026 outlook: non-GAAP EPS low-single-digit decline to slightly positive; GAAP EPS mid-single-digit decline
• Q4 buybacks about 23 million shares for $1.5B; dividend $0.14 per share

SEC filing 8-K · accession 0001633917-26-000021 · sec.gov ↗