PayPal Holdings, Inc.
Shortcut
1.32Normalized diluted EPS
+0.6% vs Street
Street
1.31Normalized diluted EPS
October 25 consensus snapshot
Real
1.45Issuer non-GAAP diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
Guidance-anchored build: 3Q26 guide (28-Jul-2026) = TM$ slightly positive, TM$ ex-interest slightly positive to LSD, non-transaction opex HSD, non-GAAP ETR 19-21%, non-GAAP EPS LSD decline vs $1.34 (consensus range $1.30-$1.33).
Revenue $8.70B (+3.4% Y/Y, ~+2.9% FXN) from TPV +7.5% x transaction take rate 159.2bps (-5bps Y/Y) plus OVAS $865M (customer-balance interest $285M at 273bps; Fed +25bp on 16-Sep-2026).
TM$ $3.92B (+1.2%) with TE rate 89.0bps and T&C losses $405M (no reserve release); non-GAAP opex +7.3% gives non-GAAP operating income $1.45B (16.6% margin).
On the record.
- Reporting period
- Q3 2026 (FQ3 2026 - Sep 2026; three months ended 2026-09-30)
- Reporting basis
- Normalized (issuer non-GAAP) diluted EPS
- Consensus snapshot
- October 25, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 26, 2026 at 12:17 AM PDT
- Reviewed revision completed
- Oct 26, 2026 at 12:17 AM PDT
- First published
- Oct 26, 2026 at 3:10 AM PDT
Result basis
The issuer reports non-GAAP diluted EPS of $1.45 and GAAP diluted EPS of $1.25 for the quarter ended September 30. The published forecast and frozen Street estimate use the issuer non-GAAP convention.