PayPal expands stablecoin push as crypto assets factor into Q2 results

cointelegraphPublished on 2026-07-28Last updated on 2026-07-28

Abstract

Global payments giant PayPal reported its second-quarter earnings, highlighting stablecoins and AI-driven payment tools as key strategic focuses, while also noting crypto assets affected its earnings. Q2 earnings were $1.26 per share, slightly below estimates of $1.28, but revenue of $8.68 billion exceeded expectations. The company recorded an $81 million adjustment related to gains and losses from strategic investments and crypto assets, which it excludes from its non-GAAP results as these are not actively traded. PayPal is expanding its efforts in areas like agentic payments, stablecoins, and biometric technologies, leveraging its existing payments network and infrastructure. Additionally, its PayPal World platform facilitated around $200 million in payment volume between Venmo and PayPal.

Global payments giant PayPal highlighted stablecoins and artificial intelligence-driven payment tools as part of its second-quarter strategy while crypto assets remained part of its earnings reconciliation.

PayPal reported Q2 earnings of $1.26 per share on Tuesday, compared with $1.30 per share in the same period last year and below analysts’ $1.28 estimate. Revenue reached $8.68 billion, up from $8.29 billion a year earlier and above the $8.47 billion analyst consensus.

The company also recorded an $81 million non-GAAP adjustment related to gains and losses from strategic investments and crypto assets held for investment. PayPal said it excludes gains and losses from strategic investments and crypto assets held for investment from non-GAAP results because it does not actively trade those assets or rely on them to fund ongoing operations.

In its Q2 investor presentation, PayPal said it is expanding into agentic payments, stablecoins, identity and biometric technologies by leveraging its payments network, risk infrastructure and trust capabilities. The company also said its PayPal World platform facilitated about $200 million in total payment volume between Venmo and PayPal.

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Related Questions

QWhat were PayPal's Q2 earnings per share and how did they compare to analyst estimates?

APayPal's Q2 earnings were $1.26 per share. This was below the analysts' estimate of $1.28 per share and also lower than the $1.30 per share reported in the same period last year.

QWhat specific areas did PayPal highlight for expansion in its Q2 strategy?

AIn its Q2 strategy, PayPal highlighted expansion into agentic payments, stablecoins, and identity and biometric technologies, leveraging its payments network, risk infrastructure, and trust capabilities.

QWhat was the nature and amount of the non-GAAP adjustment PayPal recorded related to crypto assets?

APayPal recorded an $81 million non-GAAP adjustment related to gains and losses from strategic investments and crypto assets held for investment. The company excludes these from its non-GAAP results.

QHow much payment volume did the PayPal World platform facilitate between Venmo and PayPal?

AThe PayPal World platform facilitated about $200 million in total payment volume between Venmo and PayPal.

QWhat reason did PayPal give for excluding gains/losses from crypto assets from its non-GAAP results?

APayPal stated it excludes gains and losses from strategic investments and crypto assets held for investment from non-GAAP results because it does not actively trade those assets or rely on them to fund ongoing operations.

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