🙊Executive reshuffle at PayPal Holdings: weak Q4 2025 profit results led to a CEO change
🙊Executive reshuffle at PayPal Holdings: weak Q4 2025 profit results led to a CEO change
Until recently, PayPal was regarded as a leader in the payments industry; however, in recent years investors have raised concerns that major technology companies such as Apple and Google could erode its market share.
➡️ Despite efforts to expand into new growth markets and plans to launch a proprietary bank in the United States🇺🇸, the company’s shares fell by nearly 20%. Adjusted earnings per share for the last quarter totaled USD 1.23. Both figures were below analysts’ expectations.
➡️ Operating expenses rose to USD 7.17 billion, exceeding forecasts, while operating cash flow of USD 2.38 billioncame in below expectations.
➡️ Growth in online order volumes through branded checkout platforms declined to 1%, down from 5% in the previous quarter and 7% a year earlier.
➡️ On the positive side, sales volume under the BNPL model reached USD 40 billion, representing 20% growth, while total Venmo transaction volume increased by 50%. However, the total number of active accounts remained unchangedyear over year at 439 million.
➡️ Alex Chriss, who led the company for the past two and a half years, will step down. He will be succeeded by Enrique Lores, CEO of HP Inc., effective March 1. Until then, PayPal’s Chief Financial and Operating Officer, Jamie Miller, will serve as interim CEO.
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