secwatch.observer — SEC 8-K summary
======================================

Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001633917-26-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PayPal Q4 2025 revenue $8.7B (+4%), GAAP EPS $1.53 (+38%); appoints Enrique Lores as CEO
--------------------------------------------------------------------------------

- Q4 2025 net revenue $8.7B, up 4% YoY; TPV $475.1B, up 9%.
- GAAP EPS $1.53 (+38%); non-GAAP EPS $1.23 (+3%). Full-year GAAP EPS $5.41 (+35%).
- Transaction margin dollars (excl. interest) up 4% to $3.7B in Q4.
- Board appoints Enrique Lores as next President and CEO, effective future date; interim CEO Jamie Miller cited execution issues in branded checkout.
- Active accounts 439M, up 1.1% YoY; TPA ex-PSP up 5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000021/0001633917-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000021/pypl-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001633917-26-000021

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