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PayPal First Quarter 2021 Results San Jose , California , May 5 , 2021 Q1'21 : Strongest first quarter results in PayPal's history Total Payment Volume ( TPV ) of $ 285 billion , growing 50 % , and 46 % on an FX - neutral basis ( FXN ) ; revenue of $ 6.03 billion , growing 31 % , and 29 % on an FXN basis GAAP EPS of $ 0.92 , up from $ 0.07 , and non - GAAP EPS of $ 1.22 , up from $ 0.66 Added 14.5 million Net New Active Accounts ( NNAs ) ; ended the quarter with 392 million active accounts ● FY'21 : Raising NNAs , TPV , revenue , and earnings guidance TPV expected to grow ~ 30 % at current spot rates and on an FXN basis ; revenue expected to grow ~ 20 % at current spot rates and ~ 18.5 % on an FXN basis , to ~ $ 25.75 billion ● ● GAAP EPS expected to be ~ $ 3.33 compared to $ 3.54 in FY'20 ; non - GAAP EPS expected to grow ~ 21 % to ~ $ 4.70 52-55 million NNAs expected to be added in FY'21 Q1'21 Highlights Net Revenues Operating Income EPS PAYPAL HOLDINGS , INC . ( NASDAQ : PYPL ) GAAP YoY USD $ Change $ 6.03B $ 1.04B $ 0.92 * On an FXN basis ; on a spot basis net revenues grew 31 % 29 % * 162 % 1200 % Non - GAAP USD $ $ 6.03B $ 1.67B $ 1.22 YoY Change 29 % * 84 % 84 % 00 Our strong first quarter results demonstrate sustained momentum in our business as the world shifts into the digital economy . Our addressable market continues to grow as we launch new products and services for our 392 million active accounts . " Dan Schulman President and CEO