PayPal Q1 revenue up 7% to $8.4B; GAAP EPS down 6% to $1.21, non-GAAP EPS up 1% to $1.34

PayPal Holdings, Inc.

2026-Q1 EPS reported $1.21 revenue$8,353,000,000

GAAP operating income fell 3% to $1.5B; operating margin contracted 182 bps to 17.8%.
TPV grew 11% to $464.0B; payment transactions up 7% to 6.5B.
Active accounts flat at 439M, down 0.2M sequentially; free cash flow $0.9B.
Board declared $0.14 per share dividend, payable June 25, 2026 to record holders June 4.
New CEO Enrique Lores highlights steps to sharpen strategy and simplify organization.

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