---
schema_version: "secwatch.filing_event.v1"
accession: "0001633917-23-000154"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:43:46.921216+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PayPal Q3 non-GAAP EPS $1.30 (+20% YoY); appoints Jamie Miller CFO

## Summary
- Net revenues of $7.4B (+8% YoY); TPV $387.7B (+15% YoY).
- GAAP EPS $0.93; non-GAAP EPS $1.30, up 20% from $1.08 in Q3'22.
- FY23 non-GAAP EPS guidance raised to ~$4.98 (+21% YoY); Q4 non-GAAP EPS ~$1.36.
- FY23 share repurchases expected to reach ~$5 billion.
- Appointed Jamie Miller as CFO effective Nov 6; former CFO of EY, GE, and Cargill.

## SEC filing metadata
- accession: 0001633917-23-000154
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000154/0001633917-23-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000154/pypl-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001633917-23-000154
- JSON: https://secwatch.observer/filing/0001633917-23-000154.json
- Plain text: https://secwatch.observer/filing/0001633917-23-000154.txt

## Key facts
- Earnings Releases
  PayPal Holdings, Inc. reported quarter ended September 30, 2023 results: revenue Net revenues of $7.4 billion, EPS GAAP EPS of $0.93. Guidance reaffirmed.
  - Period: quarter ended September 30, 2023
  - Revenue: Net revenues of $7.4 billion
  - EPS: GAAP EPS of $0.93
  - Guidance: reaffirmed
  - Result: reported results
  source text: third quarter performance delivering on both revenue and EPS ◦ Total payment volume (TPV) of $387.7 billion, growing 15% and 13% on an FX-neutral (FXN) basis ◦ Net revenues of $7.4 billion, growing 8% and 9% FXN ◦ GAAP operating income of $1.2 billion, growing 4%; non-GAAP operating income of $1.6 billion, growing 8% ◦ GAAP EPS of $0.93 compared to $1.15 in Q3'22;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000154/0001633917-23-000154-index.htm
- Earnings Releases
  PayPal Holdings, Inc. reported fiscal year 2023 results: EPS non-GAAP EPS now expected to grow ~21% to ~$4.98. Guidance raised.
  - Period: fiscal year 2023
  - EPS: non-GAAP EPS now expected to grow ~21% to ~$4.98
  - Guidance: raised
  - Result: guidance update
  source text: FY'23 GAAP EPS now expected to be ~$3.75 compared to $2.09 in FY'22; non-GAAP EPS now expected to grow ~21% to ~$4.98
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000163391723000154/0001633917-23-000154-index.htm

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