•
Dec 31, 2024

PayPal Q4 2024 Earnings Report

PayPal's Q4 2024 results exceeded expectations, demonstrating progress in focus, execution, and business repositioning, setting a strong foundation for profitable growth in 2025.

Key Takeaways

PayPal reported a 4% increase in revenue to $8.4 billion and a 7% increase in total payment volume (TPV) to $437.8 billion. GAAP EPS decreased by 15% to $1.11, while non-GAAP EPS increased by 5% to $1.19. The company also announced a new $15 billion share repurchase authorization.

Net revenues increased 4% to $8.4 billion.

Total Payment Volume (TPV) increased 7% to $437.8 billion.

GAAP EPS decreased 15% to $1.11; non-GAAP EPS increased 5% to $1.19.

PayPal's Board of Directors has authorized a new $15 billion stock repurchase program.

Total Revenue
$8.37B
Previous year: $8.03B
+4.2%
EPS
$1.19
Previous year: $1.48
-19.6%
Active Accounts
434M
Previous year: 426M
+1.9%
Payment Transactions
6.6B
Previous year: 6.8B
-2.9%
Transactions per Account
60.6
Previous year: 58.7
+3.2%
Gross Profit
$3.94B
Previous year: $3.67B
+7.2%
Cash and Equivalents
$6.56B
Previous year: $9.08B
-27.8%
Free Cash Flow
$2.19B
Previous year: $2.47B
-11.3%
Total Assets
$81.6B
Previous year: $82.2B
-0.7%

PayPal

PayPal

Forward Guidance

PayPal provided financial guidance for Q1 2025 and full year 2025.

Positive Outlook

  • Q1 2025 GAAP EPS is expected to be $1.11 - $1.13.
  • Q1 2025 Non-GAAP EPS is expected to be $1.15 - $1.17.
  • FY 2025 GAAP EPS is expected to be $4.80 - $4.95.
  • FY 2025 Non-GAAP EPS is expected to be $4.95 - $5.10.
  • Estimated non-GAAP amounts for the full year ending December 31, 2025 reflect adjustments of approximately $200 million.