J P M O R G A N North America Equity Research 28 July 2026 PayPal 2Q26 First Look: Generally Positive Headline Results; Details Mixed (1-212) 622-6632 tien-tsin.huang@jpmorgan.com Connor Allen (1-212) 270-2895 connor.allen@jpmorgan.com Charles Pearce, CFA (1-212) 622-4368 charles.pearce@jpmchase.com J.P. Morgan Securities LLC PayPal's 2Q results were generally ahead of expectations and guidance, with Branded volume +2% y/y (stable from 1Q) and EPS down 1% (vs. JPMe/Street -9%). 3Q TMD was guided ahead of St ...