eBay (EBAY)

NASDAQ:EBAY

EBAY

eBay

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eBay (EBAY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 05, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

1.51

Last Year’s EPS

1.37

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 24 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 29, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented a strong quarter with robust top-line and profit growth driven by broad-based momentum (notably in U.S. GMV, focus categories, collectibles, AI-enabled seller tools, eBay Live, and advertising). Management also provided measured guidance that reflects normalization of some transient tailwinds, slower international trends, initial losses from shipping initiatives, and modest near-term dilution from the Depop acquisition. The operational and financial positives materially outweigh the cited near-term headwinds and FX sensitivities.

Company Guidance

eBay’s guidance for Q2 calls for GMV of $21.3–$21.7 billion (FX‑neutral growth 8–10% YoY; FX roughly a +100 bps tailwind to spot GMV), revenue of $2.97–$3.03 billion (FX‑neutral growth 8–10%; FX roughly +120 bps to spot), non‑GAAP operating income growth of 6–10% (implying a non‑GAAP operating margin of 27.6–28.1%), and non‑GAAP EPS of $1.46–$1.51 (7–11% YoY); the Q2 guide explicitly contemplates lapping effects from lower‑funnel marketing and the U.S. Klarna partnership and the expected reversion of gold/silver bullion volumes. For full‑year 2026 (ex‑Depop), management now plans FX‑neutral GMV growth of 7.0–7.5%, revenue to be in line with or slightly ahead of GMV, non‑GAAP operating income growth of 9–11%, a non‑GAAP tax rate of 17.5%, capital expenditures of 4–5% of revenue, a target of roughly $2 billion of share repurchases, and a quarterly cash dividend of $0.31; the pending Depop deal (expected to close by end‑Q3 2026) is projected to add ~1 percentage point to 2026 GMV but to be a low‑single‑digit headwind to operating income growth and dilute EPS by low single digits (EPS impact modestly higher due to foregone interest).

Strong Top-Line Growth

GMV rose 14% year over year to $22.2 billion and revenue increased 17% to $3.09 billion in Q1 2026, both on an organic FX-neutral basis.

Healthy Profitability and EPS Expansion

Non-GAAP operating income grew 18% year over year to $907 million and non-GAAP EPS rose 21% to $1.66; GAAP EPS was $1.12.

Robust U.S. Performance

U.S. GMV grew nearly 27% year over year, with buyer growth in the U.S. accelerating to ~6% and U.S. enthusiast buyers up ~8%.

Strategic Priorities Driving Growth

Focus categories, C2C, and recommerce now represent ~70% of total GMV; focus category GMV grew 24% and collectively these priority areas grew in the high teens year over year.

Collectibles and Off-Platform Momentum

Collectibles was the largest GMV contributor with strong trading-card and broader collectibles demand; Goldin hit a new quarterly GMV record and TCGplayer growth remained strong.

AI and Product Innovation Gains

AI tools drove tangible results: Magical Listing led to >50% increase in new listing creation rate and 500 million listings created with AI; card scanning surpassed 30 million cumulative scans; Authentic Search beta sessions showed ~50% higher search engagement and double-digit purchase increases.

Live Commerce Acceleration

eBay Live scaled rapidly—annual GMV run rate more than 8x higher year over year in recent weeks; the 48 Hours of Drops event set a new daily GMV record, with each day 60% ahead of prior Black Friday records.

Advertising and Shipping Revenue Growth

Total advertising revenue was $581 million (first-party ads $555 million), with 1P ads up 28% and off-platform ads up 29%; shipping program revenue grew in the double digits and is increasingly contributing to take rate.

Strong Free Cash Flow and Shareholder Returns

Generated free cash flow of $898 million in Q1; returned $639 million to shareholders via $500 million of repurchases and $139 million in dividends; ended Q1 with $5.1 billion in cash and fixed income investments.

Positive M&A and Product Expansion

Acquired Aladine Systems to expand Motors P&A supply; Depop acquisition expected to close by end of Q3 2026 and to contribute ~1 percentage point to FY GMV (with low single-digit near-term earnings dilution).

eBay (EBAY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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EBAY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2026	2026 (Q2)	1.51 / -	1.37	―	―	―
Apr 29, 2026	2026 (Q1)	1.58 / 1.66	1.38	20.29% (+0.28)
Feb 18, 2026	2025 (Q4)	1.36 / 1.41	1.25	12.80% (+0.16)
Oct 29, 2025	2025 (Q3)	1.33 / 1.36	1.19	14.29% (+0.17)
Jul 30, 2025	2025 (Q2)	1.30 / 1.37	1.18	16.10% (+0.19)
Apr 30, 2025	2025 (Q1)	1.34 / 1.38	1.25	10.40% (+0.13)
Feb 26, 2025	2024 (Q4)	1.20 / 1.25	1.07	16.82% (+0.18)
Oct 30, 2024	2024 (Q3)	1.18 / 1.19	1.03	15.53% (+0.16)
Jul 31, 2024	2024 (Q2)	1.13 / 1.18	1.03	14.56% (+0.15)
May 01, 2024	2024 (Q1)	1.20 / 1.25	1.11	12.61% (+0.14)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EBAY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 29, 2026	$103.79	$103.48	-0.30%
Feb 18, 2026	$81.91	$84.47	+3.13%
Oct 29, 2025	$98.86	$83.16	-15.88%
Jul 30, 2025	$76.79	$90.84	+18.30%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.