贝宝PayPal（PYPL）2025年第四季度及全年财务业绩演示报告「NASDAQ」（英文版）（29页）.pdf

1、PayPal 4Q&FY25 PerformanceFebruary3,2026Financial results&company highlights 22026 PayPal Holdings,Inc.Non-GAAP Financial MeasuresThis presentation contains non-GAAP measures relating to our performance.These measures may exclude certain expenses,gains and losses that may not be indicative of our co

2、re operating results and business outlook,and,in each case,may be different from the non-GAAP financial measures used by other companies.The presentation of this financial information,which is not prepared under any comprehensive set of accounting rules or principles,is not intended to be considered

3、 in isolation of,or as a substitute for,the financial information prepared and presented in accordance with generally accepted accounting principles.You can find the reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures in the GAAP to non-GAAP reconciliati

4、on section of this presentation.Growth RatesAll growth rates represent year-over-year comparisons,except as otherwise noted.FX-Neutral(which we also refer to as FXN or currency-neutral)results are calculated by translating the current periods local currency results by the prior periods exchange rate

5、.FX-Neutral growth rates are calculated by comparing the current periods FX-Neutral results with the prior periods results,excluding the impact from currency hedging activities.Forward-Looking StatementsThis presentation contains forward-looking statements relating to,among other things,the future r

6、esults of operations,financial condition,expectations and plans of PayPal Holdings,Inc.and its consolidated subsidiaries(“PayPal”)that reflect current projections and forecasts.Forward-looking statements can be identified by words such as“may,”“will,”“would,”“should,”“could,”“expect,”“anticipate,”“b