On April 30, 2024, PayPal Holdings, Inc. released its financial results for the first quarter ended March 31, 2024. The report highlighted a 9% increase in revenue to $7.7 billion and a 27% increase in non-GAAP EPS to $1.08, based on a new methodology that includes stock-based compensation expense. The company also reported a 14% increase in total payment volume to $403.9 billion. PayPal's President and CEO, Alex Chriss, stated that 2024 is a transition year focused on executing key strategic initiatives and realizing cost savings. The company's balance sheet showed $17.7 billion in cash, cash equivalents, and investments, with a debt of $11.0 billion. PayPal returned $1.5 billion to stockholders through the repurchase of approximately 25 million shares. For Q2 2024, PayPal expects net revenues to increase by approximately 6.5% to 7% on an FX-neutral basis and projects a low double-digit percentage increase in non-GAAP EPS compared to Q2 2023.

On April 30, 2024, PayPal Holdings, Inc. released its financial results for the first quarter ended March 31, 2024. The report highlighted a 9% increase in revenue to $7.7 billion and a 27% increase in non-GAAP EPS to $1.08, based on a new methodology that includes stock-based compensation expense. The company also reported a 14% increase in total payment volume to $403.9 billion. PayPal's President and CEO, Alex Chriss, stated that 2024 is a transition year focused on executing key strategic initiatives and realizing cost savings. The company's balance sheet showed $17.7 billion in cash, cash equivalents, and investments, with a debt of $11.0 billion. PayPal returned $1.5 billion to stockholders through the repurchase of approximately 25 million shares. For Q2 2024, PayPal expects net revenues to increase by approximately 6.5% to 7% on an FX-neutral basis and projects a low double-digit percentage increase in non-GAAP EPS compared to Q2 2023.