---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-123690"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:29:48.212977+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PayPal Q1 revenue up 9% to $7.7B, GAAP EPS $0.83 (+18%), non-GAAP EPS $1.08 (+27%)

## Summary
- Total payment volume rose 14% to $403.9B; payment transactions 6.5B (+11%).
- GAAP operating margin expanded 98 bps to 15.2%; non-GAAP operating margin 18.2% (+84 bps).
- Active accounts 427M (-1% YoY, +0.4% sequential); transactions per active account 60.0 (+13%).
- Free cash flow $1.8B; returned $1.5B to shareholders via share repurchases.
- Non-GAAP methodology change now includes stock-based compensation; prior-methodology non-GAAP EPS would have been $1.40 (+20%).

## SEC filing metadata
- accession: 0001193125-24-123690
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312524123690/0001193125-24-123690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312524123690/d831310d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-123690
- JSON: https://secwatch.observer/filing/0001193125-24-123690.json
- Plain text: https://secwatch.observer/filing/0001193125-24-123690.txt

## Key facts
- Earnings Releases
  PayPal Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue $7.7 billion, EPS $0.83.
  - Period: the quarter ended March 31, 2024
  - Revenue: $7.7 billion
  - EPS: $0.83
  - Result: reported results
  source text: Q1’24 revenue increased 9% to $7.7 billion; 10% on a currency-neutral basis (FXN) Q1’24 GAAP EPS increased 18% to $0.83; non-GAAP EPS increased 27% to $1.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312524123690/0001193125-24-123690-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.