PayPal Holdings Inc. reported its first-quarter 2025 financial results with adjusted earnings per share (EPS) of $1.33, surpassing the consensus estimate of $1.16. The company's revenue reached $7.79 billion, marking a 1% year-over-year increase but falling short of the expected $7.85 billion. Net income rose 45% year-over-year to $1.29 billion. PayPal's active accounts hit a record 436 million, up from 427 million in the same quarter last year, with over $1.2 trillion in payment volume processed. The company highlighted strong growth in its Venmo service, with revenue up 20% and total payment volume (TPV) increasing more than 50%. Monthly active accounts (MAAs) for Venmo grew 30%, and Venmo debit card MAAs increased nearly 40%, reaching a 6% penetration rate among Venmo users. Buy Now, Pay Later (BNPL) volume grew over 20%, with MAUs up 18%. PayPal reaffirmed its full-year profit guidance despite ongoing macroeconomic uncertainties and trade tensions. The company anticipates second-quarter transaction margin dollars between $3.75 billion and $3.8 billion, representing approximately 4.5% growth at the midpoint, or 6.5% growth excluding interest on customer balances. PayPal plans to expand BNPL consumer awareness campaigns in the U.K., Germany, Australia, France, Italy, and Spain. It is also set to launch near-field communication (NFC) capabilities in Germany and introduce PayPal Everywhere in the U.K. later this year. The company acknowledged past challenges with its U.K. app experience and announced plans to roll out a new app experience shortly. Operational improvements, including profitability from payment service provider (PSP) activities, Venmo, credit, and transaction expense management, contributed to the quarter's results. Despite a slight revenue miss, PayPal's earnings beat and strategic initiatives underpin its outlook for continued growth.