NASDAQ$PYPL
PayPal Holdings · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
PayPal delivered solid results as the platform saw record growth through February and accelerated digital payments adoption in April.
PayPal Holdings, Inc. reported a 12% increase in revenue and a GAAP EPS of $0.07 for Q1 2020. The company added 20.2 million net new active accounts. Total Payment Volume grew by 18%.
- 20.2 million net new active accounts were added, including 10.2 million from the acquisition of Honey.
- TPV grew 18% (19% FX-neutral).
- Revenue increased by 12% (13% FX-neutral).
- GAAP EPS was $0.07, and non-GAAP EPS was $0.66, which includes a $0.17 negative impact from increasing credit loss reserves.
Headline financials
Revenue & EPS history
PayPal · Revenue · Quarterly
$4.62B
Revenue by segment
PayPal · $7.42B total across 2 segments · Q3 2023
- Transaction revenue$6.65B—89.7%
- Other value-added$764M—10.3%
Forward guidance
PayPal expects revenue to grow approximately 13% at current spot and approximately 15% FXN. PayPal expects non-GAAP EPS to grow 15%–20% and GAAP EPS to decline by 28%–34%.
Tailwinds
- Revenue to grow ~13% at current spot rates.
- Revenue to grow ~15% FXN.
- Non-GAAP EPS to grow 15%–20%.
- The company is helping its customers affected by COVID-19.
- April business trends are accelerating.
Headwinds
- The company is withdrawing its full year 2020 revenue and earnings guidance.
- GAAP EPS to decline by 28%–34%.
- The guidance does not include any expectation of unrealized gains or losses from strategic investments.
- The company is unable to predict the impact of COVID-19.
- The company is unable to predict the impact of future acquisitions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
-0.4%
Avg return
Earnings day
-1.8%
Avg return
5 days after
-1.1%
Avg return
30 days after
56%
28 / 50 earnings
Positive
+16.6%
Q1 2020
Best reaction
-22.9%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -10.0% | -15.2% | |
| Q4 2025 | -20.1% | -22.8% | -9.0% | |
| Q3 2025 | +4.7% | -1.4% | -12.0% | |
| Q2 2025 | -8.7% | -14.2% | -10.4% | |
| Q1 2025 | +2.1% | +3.6% | +9.2% | |
| Q4 2024 | -13.2% | -13.6% | -23.9% | |
| Q3 2024 | -6.4% | -7.6% | +3.6% | |
| Q2 2024 | +11.6% | +5.2% | +24.1% | |
| Q1 2024 | -1.3% | -1.9% | -6.7% | |
| Q4 2023 | -11.9% | -5.7% | -7.4% | |
| Q3 2023 | +6.3% | +5.4% | +15.2% | |
| Q2 2023 | -15.0% | -14.7% | -15.8% | |
| Q1 2023 | -12.1% | -17.7% | -14.6% | |
| Q4 2022 | +1.4% | -3.1% | -7.9% | |
| Q3 2022 | -5.4% | +2.1% | -6.0% | |
| Q2 2022 | +10.6% | +7.6% | +4.6% | |
| Q1 2022 | +10.0% | +9.4% | +1.8% | |
| Q4 2021 | -22.9% | -26.7% | -41.1% | |
| Q3 2021 | -9.0% | -7.7% | -12.6% | |
| Q2 2021 | -5.8% | -9.8% | -7.4% | |
| Q1 2021 | +0.7% | -2.6% | +5.1% | |
| Q4 2020 | +8.6% | +13.3% | -4.0% | |
| Q3 2020 | -3.4% | +8.9% | +14.2% | |
| Q2 2020 | +9.2% | +11.8% | +16.0% | |
| Q1 2020 | +16.6% | +14.8% | +24.4% | |
| Q4 2019 | +0.5% | -0.0% | -7.3% | |
| Q3 2019 | +7.8% | +9.5% | +4.5% | |
| Q2 2019 | -4.2% | -7.3% | -11.8% | |
| Q1 2019 | +3.1% | +5.2% | +2.8% | |
| Q4 2018 | -2.6% | +0.6% | +8.4% | |
| Q3 2018 | +5.9% | +9.3% | +6.2% | |
| Q2 2018 | -2.5% | -9.9% | -1.4% | |
| Q1 2018 | +1.0% | -0.9% | +7.5% | |
| Q4 2017 | -6.4% | -10.8% | -5.9% | |
| Q3 2017 | +5.5% | +4.4% | +13.6% | |
| Q2 2017 | +3.2% | +0.5% | +2.9% | |
| Q1 2017 | +5.5% | +6.3% | +14.5% | |
| Q4 2016 | -3.5% | -4.6% | +3.3% | |
| Q3 2016 | +9.7% | +7.6% | -0.4% | |
| Q2 2016 | -6.6% | -5.9% | -4.9% | |
| Q1 2015 | -2.1% | — | — | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2014 | +4.3% | — | — | |
| Q4 2015 | +7.1% | — | — | |
| Q3 2014 | -1.4% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | +2.3% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q2 2014 | +2.3% | — | — | |
| Q1 2014 | +2.3% | — | — |
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