Wednesday 4 November 2026 Export EBAY’s income statement to Excel — free account

eBay Inc.

eBay Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 7.95% from fiscal 2024.

Revenue: +13.7%
EPS: −19.5%
Free cash flow: −2.09%
Total debt: −0.27%

Quarter to September 2026, against a year earlier

125.16 6.54 +5.51%

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Market cap: $52.1B
P/E: 25.5×
Fwd P/E: 27.7×
Dividend yield: 1.02%
F-score: 5/9
Altman Z: 6.07
Beneish M: −2.13
Dividend safety: 82/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

eBay Inc. (EBAY) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Marketplace revenues	9,107	82.05%
Advertising revenues	1,993	17.95%
Gross margin		71.45%
Operating margin		20.51%
Pre-tax margin		20.78%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Marketplace revenues	9,107 82.05%	8,648 84.10%	8,669 85.73%	8,644 88.25%	—	—	—	—
Advertising revenues	1,993 17.95%	1,635 15.90%	1,443 14.27%	1,151 11.75%	—	—	—	—
Net Transaction Revenues	—	—	—	—	9,772 93.78%	8,243 92.68%	6,581 88.59%	7,416 85.73%
Marketing Services And Other Revenues	—	—	—	—	648 6.22%	651 7.32%	848 11.41%	1,234 14.27%
Revenue	11,100	10,283	10,112	9,795	10,420	8,894	7,429	8,650

Revenue by segment $m

Line	FY2018	FY2017	FY2012	FY2011	FY2010	FY2009
Marketplace	8,641 99.90%	8,001 80.60%	—	—	—	—
StubHub	1,083 12.52%	1,029 10.37%	—	—	—	—
Classifieds	1,022 11.82%	897 9.04%	—	—	—	—
Marketplaces	—	—	7,398 52.57%	6,642 57.00%	5,721 62.48%	5,311 60.85%
Payments	—	—	5,574 39.61%	4,412 37.86%	3,435 37.52%	2,796 32.04%
eBay Enterprise	—	—	1,121 7.97%	590 5.06%	0 0.00%	—
Communications	—	—	—	—	—	620 7.11%
GSI Commerce	—	—	—	—	—	0 0.00%
Eliminations	(2,096) (24.23%)	—	—	—	—	—
Revenue	8,650	9,927	14,072	11,652	9,156	8,727

Operating income by segment $m, and margin

	FY2018	FY2017	FY2012	FY2011	FY2010	FY2009
Marketplace	‡	‡	‡	‡	‡	‡
Classifieds	‡	‡	‡	‡	‡	‡
StubHub	‡	‡	‡	‡	‡	‡
Marketplaces	‡	‡	‡	‡	‡	‡
Payments	‡	‡	‡	‡	‡	‡
eBay Enterprise	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡
Communications	‡	‡	‡	‡	‡	‡
GSI Commerce	‡	‡	‡	‡	‡	‡
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
United States	5,789 52.15%	5,238 50.94%	5,073 50.17%	4,842 49.43%	5,048 48.45%	4,151 46.67%	3,303 44.46%	3,382 39.10%	4,187 42.18%	3,967 42.67%	3,624 42.18%	3,525 40.10%	3,419 41.41%	6,778 48.17%	5,484 47.06%	4,214 46.02%	3,985 45.66%
United Kingdom	1,565 14.10%	1,508 14.66%	1,609 15.91%	1,579 16.12%	1,913 18.36%	1,678 18.87%	1,323 17.81%	1,385 16.01%	1,368 13.78%	1,331 14.31%	1,403 16.33%	1,464 16.66%	1,290 15.62%	1,889 13.42%	1,572 13.49%	1,267 13.84%	1,055 12.09%
Rest of world	1,515 13.65%	1,396 13.58%	1,430 14.14%	1,469 15.00%	1,354 12.99%	1,959 22.03%	1,769 23.81%	1,520 17.57%	1,847 18.61%	1,684 18.11%	2,255 26.25%	2,290 26.05%	2,082 25.21%	3,726 26.48%	3,057 26.24%	2,471 26.99%	2,547 29.19%
China	1,253 11.29%	1,169 11.37%	1,029 10.18%	882 9.00%	856 8.21%	—	—	—	—	—	—	—	—	—	—	—	—
Germany	978 8.81%	972 9.45%	971 9.60%	1,023 10.44%	1,249 11.99%	1,106 12.44%	1,034 13.92%	1,169 13.51%	1,464 14.75%	1,359 14.62%	1,310 15.25%	1,511 17.19%	1,466 17.75%	1,679 11.93%	1,539 13.21%	1,204 13.15%	1,140 13.06%
Korea, Republic Of	—	—	—	—	—	—	—	1,194 13.80%	1,061 10.69%	957 10.29%	—	—	—	—	—	—	—
Revenue	11,100	10,283	10,112	9,795	10,420	8,894	7,429	8,650	9,927	9,298	8,592	8,790	8,257	14,072	11,652	9,156	8,727

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Active Buyers	Q3 FY2026	147.0M	134.0M	+9.70%
Active buyers excluding Depop and Tise	Q3 FY2026	136.0M	—	—
Gross Merchandise Volume — International	Q3 FY2026	$10.6B	—	—
Gross Merchandise Volume — U.S.	Q3 FY2026	$12.5B	—	—
Total Gross Merchandise Volume	Q3 FY2026	$23.2B	—	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Active Buyers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Active buyers excluding Depop and Tise	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross Merchandise Volume — International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross Merchandise Volume — U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total Gross Merchandise Volume	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.