10-Q, Member Exclusive

Breaking down PayPal’s Q4 earnings: The hits and misses

  • PayPal reported its earnings for the final quarter of 2023 with a solid 9% increase in Q4 revenue, reaching $8.0 billion
  • While the earnings reflected a profitable growth trajectory and beat expectations, the 2024 guidance fell short of analysts' expectations. 
close

Email a Friend

Wins and areas for improvement went hand in hand.

 

by SARA KHAIRI

 

As PayPal charts its course, it rides a roller coaster of experiences, new product feature rollouts, layoffs, and earnings fluctuations.

This image has an empty alt attribute; its file name is Screenshot-2024-02-08-at-6.10.48%E2%80%AFPM-1.png

Last week, the payments firm reported its earnings for the final quarter of 2023 with a solid 9% increase in Q4 revenue, reaching $8.0 billion, while FY 2023 revenue climbed 8% to $29.8 billion. The company encountered obstacles, too, such as a 2% decline in active accounts and a 1% decrease in transaction margin dollars to $13.7 billion over the course of the full year.

A couple of weeks before reporting its financial results, PayPal unveiled upgrades to its services, including AI-driven personalizations and checkout experiences for merchants and consumers – something it has been working on for a while. 


subscription wall for TS Pro

0 comments on “Breaking down PayPal’s Q4 earnings: The hits and misses”

10-Q, Member Exclusive

Financial companies are building closer to the customer

  • EverBank-WaFd shows banks moving beyond the digital-versus-branch debate, combining EverBank’s digital deposits and national lending with WaFd’s branches and relationship banking to own more of the customer relationship.
  • Circle-Tazapay takes a similar approach from the payments side, adding banking relationships and local payment rails around USDC.
Sara Khairi | October 14, 2026
Business of Fintech, Member Exclusive

Can banks buy fintechs without losing what makes them work?

  • Can a bank absorb a fintech’s customers, technology, and talent without losing the product judgment and culture that made those assets valuable in the first place?
  • Valley Bank’s acquisition of Bluevine puts that question into practice, with implications for product development, customer acquisition, and technology strategy.
Sara Khairi | October 13, 2026
Artificial Intelligence, Future of Investing, Member Exclusive

Robinhood is giving AI agents a bigger role in the trading workflow

  • Robinhood is moving AI agents from the sidelines into the trading workflow, giving them access to research, strategy-building, and execution, with customers deciding how much authority to hand over.
  • The company is building toward always-on trading, pairing agents with Loops, expanded market hours, and more market-data tools.
Sara Khairi | October 08, 2026
Banking, Member Exclusive

Avant is building a bank from scratch as the OCC approves most charter applicants

  • Avant CEO Al Goldstein says the fintech expects to move the majority of its assets and operations into Avant Bank, N.A.
  • Before Avant, 42 firms applied for OCC de novo charters since January 2025, and the agency approved 27.
Zack Miller | October 07, 2026
Artificial Intelligence, Banking, Member Exclusive

AI is the car, and you are the driver: Bank of America’s approach to AI learning

  • Bank of America trains its 200,000+ teammates on Gen AI by teaching accountability and critical thinking first, deliberately leaving out tokens and technical details.
  • Role-specific learning pathways, AI conversation simulators, and a network of AI Champions give employees a safe place to build skills and ease concerns about their careers. Success is measured by whether learning changes how people work and shows up in business outcomes.
Rabab Ahsan | October 06, 2026
More Articles