PayPal Q2 Beat Lifts Shares as PYUSD Stablecoin Expansion Drives Crypto-Linked Growth

PayPal reported Q2 earnings that beat analyst expectations, posting $1.38 in earnings per share versus $1.28 expected, and $8.68 billion in revenue compared with a $8.47 billion consensus forecast. The company also said its payment volume rose 10% to $486.4 billion in the quarter and that it ended Q2 with 439 million active accounts ^[1].

In its Q2 results coverage, outlets highlighted PayPal’s expanding stablecoin activity alongside broader crypto-related contributions to earnings. Crypto Briefing reported that PYUSD expansion accelerated as part of the quarter’s results, while Cointelegraph said PayPal’s stablecoin push and crypto asset factors were reflected in an $81 million crypto-related earnings adjustment ^{[2] [3]}.

After the results, reporting also focused on PayPal upgrading its 2026 adjusted EPS target to $5.38 from prior expectations that were flat to modestly positive. Coverage of the earnings update noted the market reaction, including shares jumping on the stronger outlook and Q2 performance ^{[1] [4]}.

PayPal’s stronger-than-expected Q2 results, an upgraded 2026 profit outlook, and continued emphasis on PYUSD/stablecoin expansion were the main themes across reporting ^{[1] [2] [3]}.