PayPal Holdings Inc. reported strong financial results for the third quarter of fiscal year 2025, with both revenue and profit exceeding expectations. The company’s net revenue rose 7% year-on-year to $8.4 billion, driven by higher transaction volumes and growing adoption of its digital payment services.

PayPal’s total payment volume increased 8% YoY to $458.1 billion, highlighting continued strength in consumer and merchant engagement across global markets. The company’s net income surged 24% to $1.2 billion, while diluted earnings per share (EPS) grew 32% year-on-year to $1.30.

Operating income climbed 9% to $1.5 billion, reflecting disciplined cost management and efficiency improvements under the new leadership.

Chief Executive Officer Alex Chriss described the quarter as “strong,” noting that PayPal is raising guidance for both Q4 and the full year 2025. He added, “With differentiated competitive advantages, clear strategic direction, and building execution momentum, we believe we are exceptionally well-placed to win into the future.”

Following the upbeat results, PayPal shares jumped 13.27% in premarket trading to $79.57, signaling renewed investor confidence in the company’s growth trajectory.