PayPal raised its full-year adjusted earnings-per-share forecast on 27 October, although both reported and adjusted net income fell in the September quarter. Revenue rose 2% to US$8.584 billion.
Why higher EPS does not mean higher profit
For the quarter ended 30 September 2026, reported net income was US$1.073 billion, down 14%. Reported diluted earnings per share (EPS) fell 4% to US$1.25.
Adjusted, or non-GAAP, net income declined 3% to US$1.245 billion, while adjusted diluted EPS rose 8% to US$1.45. EPS divides earnings by the relevant share count: diluted weighted-average shares fell to 858 million from 960 million. Readers should not describe the EPS increase as growth in total adjusted profit.
Non-GAAP figures remove specified accounting items and supplement, rather than replace, results under US generally accepted accounting principles.
Dividend declared; annual forecast raised
The board declared a US$0.14-per-share cash dividend, payable on 24 December 2026 to holders of record at the close of business on 4 December. These are future dates, not a completed payment. The checked release does not establish an ex-dividend date.
PayPal now forecasts full-year non-GAAP EPS of approximately US$5.60, compared with approximately US$5.38 in July guidance. That is management’s expectation, not an achieved annual result.
| Measure | Verified figure | Basis or condition | Official evidence |
|---|---|---|---|
| Q3 revenue | US$8.584bn; +2% | Reported; year-on-year comparison | Release, results table |
| Reported net income / diluted EPS | US$1.073bn / US$1.25 | GAAP; -14% / -4% | GAAP results |
| Adjusted net income / diluted EPS | US$1.245bn / US$1.45 | Non-GAAP; -3% / +8% | Non-GAAP reconciliation |
| Cash dividend | US$0.14 per common share | Board declared; record 4 Dec; payable 24 Dec 2026; ex-date not verified | Dividend program |
| FY2026 adjusted EPS forecast | Approximately US$5.60 | Previously approximately US$5.38; not achieved profit | Financial guidance |
Official sources: earnings release and financial tables, observed 2026-10-27T14:45:49.178Z; SEC Form 8-K announcement record, observed 2026-10-27T14:45:49.213Z. The filing and attached release are related issuer documents, not independent corroboration. All amounts are US dollars.
AI-assisted reporting checked against linked official documents; not independent human editorial approval. Publisher-designated author: Tatai. Information only, not investment advice.
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