PayPal Holdings (PYPL) Q1 2025 Earnings Call Transcript

PayPal Holdings Inc. (NASDAQ:PYPL) Q1 2025 Earnings Conference Call April 29, 2025 8:00 AM ET

Company Participants

Alex Chriss - President, Chief Executive Officer
Jamie Miller - Chief Financial Officer, Chief Operating Officer
Steve Winoker - Chief Investor Relations Officer

Conference Call Participants

Tien-Tsin Huang - JP Morgan
Dan Dolev - Mizuho
Ramsey El-Assal - Barclays
Darrin Peller - Wolfe Research
Jason Kupferberg - Bank of America
Andrew Schmidt - Citi
Harshita Rawat - Bernstein
Sanjay Sakhrani - KBW
Timothy Chiodo - UBS
Dan Perlin - RBC Capital Markets
Will Nance - Goldman Sachs

Operator

Good morning and welcome to PayPal’s first quarter 2025 earnings conference call. My name is Pauly and I will be your conference Operator today.

As a reminder, this conference is being recorded.

I would now like to turn the program over to your host for today’s conference, Steve Winoker, PayPal’s Chief Investor Relations Officer. Please go ahead.

Steve Winoker

Thanks Pauly. Welcome to PayPal’s first quarter earnings call. I’m joined by CEO, Alex Chriss and Chief Financial and Operating Officer, Jamie Miller.

Our remarks today include forward-looking statements that involve risks and uncertainties. Actual results may differ materially from these statements. Our commentary is based on our best view of the world and our businesses as we see them today. As described in our earnings press release, SEC filings, and on our website, those elements may change as the world changes.

Now over to you, Alex.

Alex Chriss

Thanks Steve.

We had a strong first quarter as we begin to execute on the strategy we laid out during our recent investor day. PayPal is transforming from a payments company to a commerce platform. This includes expanding to be available everywhere, whether it’s online, in store or agentic. This means moving from a one-size-fits-all experience to personalized experiences that leverage the