Short answer
PayPal (PYPL) filed its Q2 2026 10-Q quarterly report on Jul 28, 2026 for the quarter ended Jun 30, 2026.
PayPal Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $8,682M, up 5% YoY from $8,288M, driven by 10% TPV growth
- Operating margin 16% vs 18% YoY; net income $1,104M vs $1,261M
- Best product line Braintree, revenue up approximately $400M; PayPal products revenue declined approximately $130M
- Operating cash flow $1,983M, up 121% from $898M; reorganization targets $1.5B annualized savings
- Transformation charge approximately $120M-$140M expected in second half of 2026; tariffs, inflation, conflicts, and rates remain headwinds
Risk Factors
- Cryptocurrency regulatory risk, triggered by 2025 GENIUS Act designation as a digital asset service provider
- Cybersecurity risk, with frontier AI models and autonomous agents potentially weaponizing newly discovered vulnerabilities
- Regulatory enforcement risk, with overlapping investigations potentially arising across multiple jurisdictions
- Fraud-loss risk, as AI-enhanced schemes increase transaction losses and protection-program exposure
- Liquidity risk, from potential customer-balance reductions, capital-market inaccessibility, and higher regulatory liquidity requirements
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PayPal quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.