EBAY Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

eBay delivered a strong third-quarter beat across the board, reporting non-GAAP EPS of $1.36 against a consensus estimate of $1.33, a 1.90% beat, while revenue of $2.82 billion topped expectations of $2.73 billion by 3.27% and grew 9.5% year over yea… Read more eBay delivered a strong third-quarter beat across the board, reporting non-GAAP EPS of $1.36 against a consensus estimate of $1.33, a 1.90% beat, while revenue of $2.82 billion topped expectations of $2.73 billion by 3.27% and grew 9.5% year over year. The standout driver behind the acceleration was gross merchandise volume of $20.11 billion, up 10% as reported, alongside a surging first-party advertising business that generated $496 million in revenue, up 25% year over year, signaling that eBay's marketplace transformation strategy is gaining meaningful traction. The quarter marked a sharp step up from Q2's 6% revenue growth and Q1's 1% growth, and the company backed the momentum with robust free cash flow of $803 million, funding $757 million in capital returns to shareholders. Institutional interest has notably picked up around the print, adding a layer of investor confidence to the story. Looking ahead, eBay guided Q4 2025 revenue of $2.83 billion to $2.89 billion with non-GAAP EPS of $1.31 to $1.36, and full-year 2025 revenue of $10.97 billion to $11.03 billion.