/PayPal%20Holdings%20Inc%20sign%20on%20building-%20by%20Sundry%20Photography%20via%20Shutterstock.jpg)
PayPal (PYPL) will release its third-quarter 2025 earnings on Oct. 28. Despite a resilient U.S. labor market and steady consumer spending throughout the year, PayPal’s stock has struggled, falling 17.1% year-to-date. The decline reflects investor concerns over growing competition in the fintech space and broader macroeconomic uncertainty weighing on the sector.
While its stock has underperformed in 2025, PayPal’s financial performance has shown signs of strength. During the first half of 2025, the company reported steady growth in transaction margin dollars, driven by improved performance across its core platforms, including PayPal, Venmo, and its payment service provider (PSP) network. These gains have led to double-digit earnings growth. Moreover, the company is betting big on artificial intelligence (AI), ads, and crypto, which will add new revenue streams and strengthen PayPal’s long-term positioning in digital finance.