eBay Inc.
EBAY Consumer Cyclical Internet Retail
eBay Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 7.95% from fiscal 2024. In the quarter to June 2026, revenue grew 14.8%, EPS grew 55.0%, free cash flow grew 168.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three.
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eBay Inc. (EBAY) Operating margin
eBay Inc.'s operating margin over the twelve months to 30 June 2026 was 20.6%, up 0.1 percentage points from fiscal 2025 (20.5%). Over the past ten years it has ranged from 19.2% (fiscal 2023) to 29.6% (fiscal 2020); the current reading is higher than 27% of that period. That is above the Internet Retail industry median of 0.08% and above the Consumer Cyclical sector median of 3.57%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 20.5% | (2.03) |
| FY2024 | 22.5% | 3.34 |
| FY2023 | 19.2% | (4.79) |
| FY2022 | 24.0% | (4.06) |
| FY2021 | 28.1% | (1.59) |
| FY2020 | 29.6% | 5.81 |
| FY2019 | 23.8% | 3.58 |
| FY2018 | 20.3% | (2.56) |
| FY2017 | 22.8% | (2.20) |
| FY2016 | 25.0% | (0.56) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 21.6% | 1.79 |
| Mar 2026 | 19.8% | (0.83) |
| Dec 2025 | 20.6% | 0.18 |
| Sep 2025 | 20.4% | 2.88 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PDD PDD Holdings Inc. Sponsored ADR compare | 21.9% |
| EBAY eBay Inc. | 20.6% |
| CART Maplebear Inc. compare | 14.8% |
| MELI MercadoLibre, Inc. compare | 8.26% |
| SE Sea Limited Sponsored ADR compare | 8.24% |
| DASH DoorDash, Inc. compare | 4.48% |
| W Wayfair Inc. compare | 1.67% |
| JD JD.com, Inc. compare | 0.15% |
| CPNG Coupang, Inc. compare | −1.77% |
| Internet Retail industry median | 0.08% |
| Consumer Cyclical sector median | 3.57% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on EBAY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement