PayPal Holdings reported second-quarter revenue of $8.68 billion, an increase from $8.29 billion a year earlier, and outlined expansion in stablecoins and artificial intelligence-driven payment tools. Earnings per share came to $1.26, compared with $1.30 in the prior-year period.

The company recorded an $81 million non-GAAP adjustment for gains and losses on strategic investments and cryptocurrency assets held for investment. Those items are excluded from non-GAAP results because the firm does not actively trade the assets or depend on them to finance ongoing operations.

PayPal is extending its capabilities into agentic payments, stablecoins, identity solutions and biometric technologies by drawing on its existing payments network, risk infrastructure and trust framework. Its PayPal World platform processed approximately $200 million in total payment volume between Venmo and PayPal during the period.