07:35 AM EDT, 04/29/2025 (MT Newswires) -- PayPal ( PYPL ) reported Q1 non-GAAP EPS Tuesday of $1.33 per diluted share, up from $1.08 a year earlier.

Analysts polled by FactSet expected $1.16.

Net revenue for the quarter ended March 31 was $7.79 billion, up from $7.70 billion a year earlier.

Analysts surveyed by FactSet expected $7.85 billion.

For Q2, the payments company expects non-GAAP EPS of $1.29 to $1.31. Analysts polled by FactSet expect $1.21.

For 2025, the company kept its non-GAAP EPS guidance of $4.95 to $5.10. Analysts polled by FactSet expect $5.01.

Shares of the company were down more than 2% in recent premarket activity.