PayPal said net revenues for the 3 months ended September 30, 2025 increased $570 million, or 7%, compared to the same period of the prior year, operating income increased $129 million, or 9%, and net income increased $238 million, or 24%. Operating margin was 18% for both periods.

1. 01

   PayPal said net revenues for the 3 months ended September 30, 2025 increased $570 million, or 7%, compared to the same period of the prior year, operating income increased $129 million, or 9%, and net income increased $238 million, or 24%. Operating margin was 18% for both periods.

2. 02

   PayPal said total payment volume for the 3 months ended September 30, 2025 was $458 billion, an increase of 8%, while the number of payment transactions was 6.3 billion, a decrease of 5%. The company attributed the increase in Braintree TPV and decline in transaction volume to its strategic shift toward profitable growth.

3. 03

   PayPal said net cash provided by operating activities for the 9 months ended September 30, 2025 decreased $1.0 billion compared to the same period of the prior year. The company cited changes in working capital of approximately $920 million and a net increase in sources from loans held for sale of approximately $870 million as factors.

4. 04

   PayPal said it repurchased approximately $4.5 billion of common stock in the open market during the 9 months of 2025. On October 28, 2025, the board approved the initiation of a quarterly cash dividend program and declared a dividend of $0.14 per share, for a total of approximately $130 million.

Key figures

Quarter ended September 30, 2025

Revenue

$8.4B

Operating income

$1.5B

Net income

$1.2B

EPS

$1.30

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.