PayPal Holdings, Inc. · PYPL · Next earnings

PayPal Holdings, Inc. reports Tuesday, Oct 27, 2026

PYPL reports before market open with consensus EPS at $1.32 and revenue at $8.73B. Last quarter: PayPal Q1 2026: Beat on Revenue and EPS, New CEO Unveils $1.5B Cost-Saving Plan

Reports Before market open37 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $1.32 Calendar consensus
Consensus revenue $8.73B Calendar consensus
Report date Oct 27, 2026 Tuesday, date estimated
Session Before market open 37 days away

Where PYPL left off: FY2026 Q1

Full report

PayPal Q1 2026: Beat on Revenue and EPS, New CEO Unveils $1.5B Cost-Saving Plan

EPS surprise +5.5% Reported $1.34 vs $1.27
Revenue surprise +3.8% Reported $8.35B vs $8.05B
Stock move -7.7% Event window
Subsequent drift -8.3% Up to 20 sessions

Full-year 2026 guidance was reaffirmed despite macro headwinds, matching the maintained guidance sentiment from the prior quarter. The prior quarter had guided to flat to slightly declining transaction margin dollars and low-single-digit EPS growth for 2026, with approximately 3 points of headwind from targeted investments. This quarter's reaffirmation, combined with the $1.5B cost-saving program announcement, suggests management sees enough operating leverage to offset investment costs — but did not raise the outlook, indicating no material upgrade to the revenue or profit trajectory.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Macroeconomic softness, particularly high oil prices and travel slowdown in Europe, could pressure transaction volumes.
  • Execution risk of simultaneously pursuing large-scale AI transformation, organizational restructuring, and cost reduction.
  • Competitive pressure from established payment networks and emerging fintech entrants.
  • Potential delays in realizing the $1.5B cost-saving targets or misallocating reinvested savings.
  • Price pressure on merchant margins as the company balances growth with competitive positioning.

Questions analysts left open

  • Branded checkout performance and growth outlook in Europe remain under scrutiny.
  • Cadence and allocation details for the $1.5 billion cost-saving program are not yet clear.
  • Whether savings will be reinvested in growth or returned to shareholders is unresolved.
  • Potential impact of price pressure on merchant margins.
  • Timeline for full rollout of the optimized checkout button beyond the current 45% adoption.

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Recent PYPL quarters

All PYPL earnings
-7.7%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.