According to ChainCatcher, digital payments company PayPal (PYPL) released its Q1 2026 financial results, reporting net revenue of $8.35 billion, exceeding market expectations of $8.05 billion; adjusted earnings per share were $1.34, higher than the estimated $1.27.
However, the company's guidance for the second quarter was cautious, expecting adjusted earnings per share to decline by approximately 9% sequentially, with a guidance of $1.34. It also provided full-year guidance for fiscal year 2026, with adjusted earnings per share of $5.32 and revenue of $34.06 billion.
PayPal's US stock price fell more than 10% at one point during the session due to weaker-than-expected Q2 guidance, but has since narrowed its losses to about 8%.
