PayPal Earnings Result Q2’20

• Total Payment Volume (TPV) of $222 billion, growing 29%, and 30% on an FX-neutral basis (FXN); revenue of $5.26 billion, growing 22%, and 25% FXN

• Cash flow from operations of $2.4 billion, growing 103%, with free cash flow of $2.2 billion, growing 112%

FY’20: Reinstating and raising full year guidance based on strong momentum

• Revenue growth now expected to be ~20%