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PayPal beat expectations in their first quarter 2026 earnings.
PayPal's Q1 2026 earnings beat expectations but shares fell 10% to $45.50.
KEY POINTS
- New PayPal CEO Enrique Lores introduced a three-unit operating model and pledged aggressive AI adoption.
- PayPal's growth decelerated from 6% to 1% year-over-year in the last quarter.
- Former president David Marcus admitted optimizing payment volume over differentiation was a critical misstep.
- Many ex-PayPal leaders far surpassed PayPal, founding or funding companies now worth trillions collectively.
COMPANIES
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