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PayPal — Feb 4, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001633917-25-000017
Open on SEC.gov ↗
Showing in the filing
Stock repurchase program
“$15 billion”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 6
New stock repurchase authorization
“$15 billion”
Stock repurchase program
“$15 billion”
GAAP EPS for Q1 FY2025
“$1.11 - $1.13”
Non-GAAP EPS for Q1 FY2025
“$1.15 - $1.17”
GAAP EPS for FY2025
“$4.80 - $4.95”
Non-GAAP EPS for FY2025
“$4.95 - $5.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Returned $1.2 billion to stockholders by repurchasing approximately 15 million shares of common stock in 4Q'24. ◦ For full year 2024, returned $6.0 billion to stockholders by repurchasing approximately 92 million shares of common stock. • Announced today that PayPal’s Board of Directors has authorized a new $15 billion stock repurchase program. This new repurchase authorization is in addition to the Company’s June 2022 stock repurchase program, which had $4.86 billion remaining authorization as of December 31, 2024. ————————————————————————————————————————————— Financial Guidance Presented in millions, except per share data and percentages February 2025 Guidance Prior year period 1Q'25 GAAP EPS $1.11 - $1.13 $0.83 Non-GAAP EPS 1 $1.15 - $1.17 $1.08 FY'25 GAAP EPS 2 $4.80 - $4.95 $3.99 Non-GAAP EPS 3 $4.95 - $5.10 $4.65 Please see "Non-GAAP Financial Measures" and "Non-GAAP Measures of Financial Performance" for reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures and important additional information. 1. Estimated non-GAAP amounts for the three months ending March 31, 2025 reflect adjustments of approximately $50 million. 2. FY ' 24 GAAP EPS included a negative impact of ~$0.23 from PayPal’s strategic investment portfolio. 3. Estimated non-GAAP amounts for the full year ending December 31, 2025 reflect adjustments of approximately $200 million. 4Q & FY 2024 Results 2 4Q'24 Financial Results Presented in millions, except per share data and percenta
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.