PayPal has reported its performance for the first quarter of 2025, with total revenue of $7.791 billion, a 1% increase compared to the same quarter in the previous year. Total spending on the platform amounted to $417.208 billion, showing a 3% increase. Profit from transactions stood at $3.716 billion, marking a 7% increase, while net profit according to GAAP accounting was $1.287 billion.
Over the past 12 months, PayPal has seen movement in 436 million active accounts, a 2% increase, while the total number of transactions has decreased by 7% to 6.045 billion, due to changes in service conditions of Braintree which resulted in the decline.
CEO of PayPal, Alex Chriss, stated that the company’s strategy continues to perform well, with five consecutive quarters of increased profit rates, and a strong brand presence across all aspects.
TLDR: PayPal’s Q1 2025 report shows an increase in total revenue and profits, despite a decrease in total transactions due to changes in service conditions. CEO Alex Chriss remains optimistic about the company’s future performance.
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