PayPalQ1 performance exceeded expectations, but Q2 guidance was weak and fell more than 10% during the session

Digital payments company PayPal (PYPL) announced its first-quarter 2026 earnings report, with net revenue of US$8.35 billion, exceeding market estimates of US$8.05 billion; adjusted earnings per share of US$1.34, higher than the forecast of US$1.27.<br /> However, the company is more cautious about its second-quarter guidance and expects adjusted earnings per share to fall approximately 9% month-on-month, with a guidance of $1.34. Full-year guidance for the 2026 fiscal year is also provided, with adjusted earnings per share of US$5.32 and revenue of US$34.06 billion.<br /> Affected by Q2 guidance that fell short of expectations, PayPal's U.S. stocks fell more than 10% intraday, but the decline has now narrowed to about 8%.