PayPal Files 8-K on Financial Results and Operations

TL;DR

**PayPal just dropped an 8-K on its financials, get ready for earnings details!**

AI Summary

PayPal Holdings, Inc. filed an 8-K on February 7, 2024, to report on its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates that the company is providing an update on its financial performance. For investors, this matters because it signals that PayPal is releasing its latest financial results, which will influence the stock's valuation and future outlook.

Why It Matters

This 8-K signals that PayPal is releasing its latest financial performance, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This 8-K is a routine filing for reporting financial results and does not inherently present new risks, but the actual financial results could impact risk.

Analyst Insight

A smart investor would prepare to analyze PayPal's upcoming financial results, paying close attention to revenue, profit margins, and user growth, as this 8-K signals their imminent release.

Key Numbers

• February 7, 2024 — Date of Report (The date the earliest event reported in the 8-K occurred and the filing date.)
• 001-36859 — Commission File Number (PayPal's unique identification number with the SEC.)
• 47-2989869 — I.R.S. Employer Identification No. (PayPal's tax identification number.)
• 2211 North First Street, San Jose, CA 95131 — Principal Executive Offices Address (PayPal's main corporate address.)
• (408) 967-1000 — Registrant's telephone number (PayPal's main contact number.)

Key Players & Entities

• PayPal Holdings, Inc. (company) — the registrant filing the 8-K
• February 7, 2024 (date) — date of earliest event reported and filing date
• 001-36859 (other) — Commission File Number for PayPal
• Delaware (other) — state of incorporation for PayPal
• NASDAQ Global Select Market (other) — exchange where PayPal's common stock is registered

Forward-Looking Statements

• PayPal will release its full Q4 2023 and full-year 2023 earnings report shortly after this 8-K filing. (PayPal Holdings, Inc.) — high confidence, target: February 2024
• The market will react to the financial results disclosed, potentially causing volatility in PYPL stock. (PYPL stock) — medium confidence, target: February 2024

FAQ

From the Filing

0001633917-24-000022.txt : 20240207 0001633917-24-000022.hdr.sgml : 20240207 20240207161435 ACCESSION NUMBER: 0001633917-24-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 29 CONFORMED PERIOD OF REPORT: 20240207 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PayPal Holdings, Inc. CENTRAL INDEX KEY: 0001633917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 472989869 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 24604440 BUSINESS ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: (408) 967-1000 MAIL ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 8-K 1 pypl-20240207.htm 8-K pypl-20240207 0001633917 false 0001633917 2024-02-07 2024-02-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 7, 2024 PayPal Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 001-36859 47-2989869 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 2211 North First Street San Jose , CA 95131 (Address of principal executive offices) ( 408 )  967-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value per share PYPL NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐          If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 2.02.   Results of Operations and Financial Condition The information in Item 2.02 of this Current Report, including the accompanying Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained i