secwatch.observer — SEC 8-K summary
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Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001193125-24-123690
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524123690/0001193125-24-123690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524123690/d831310d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-123690

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer