Q1 26 EPS
$N/A
Q1 26 Revenue
N/A
Did EBAY Beat Earnings? Q1 2026 Results
eBay closed out fiscal 2025 on a strong note, posting Q4 revenue of $2.96 billion, up 15.0% year-over-year and ahead of the $2.88 billion consensus estimate by 2.89%, while non-GAAP EPS of $1.41 beat the $1.35 Wall Street forecast by 4.44%. The stand… Read more eBay closed out fiscal 2025 on a strong note, posting Q4 revenue of $2.96 billion, up 15.0% year-over-year and ahead of the $2.88 billion consensus estimate by 2.89%, while non-GAAP EPS of $1.41 beat the $1.35 Wall Street forecast by 4.44%. The standout driver was advertising, which generated $544.00 million in quarterly revenue, with first-party ad products alone climbing 19% to $517.00 million, underscoring how eBay's push beyond transaction fees is reshaping its revenue mix. Gross Merchandise Volume reached $21.24 billion, up 10%, with U.S. GMV surging 19% as domestic categories including collectibles and recommerce gained traction. Active buyers grew to 135 million. The quarter also carried a major strategic headline, as eBay announced a $1.20 billion all-cash agreement to acquire Depop from Etsy, deepening its footprint in fashion resale ahead of an expected Q2 2026 close. Looking forward, management guided Q1 2026 revenue to $3.00 to $3.05 billion, with non-GAAP EPS of $1.53 to $1.59, signaling continued momentum into the new year.
Key Takeaways
- • Revenue up 15% YoY as-reported (13% FX-neutral) in Q4
- • GMV up 10% YoY as-reported (8% FX-neutral) to $21.2 billion in Q4
- • U.S. GMV surged 19% YoY in Q4
- • First-party advertising revenue up 19% as-reported (17% FX-neutral)
- • Active buyers grew to 135 million, up 1% YoY
- • Strong collectibles performance in Q4
- • International revenue represented 46% of total in Q4
EBAY YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
EBAY Revenue by Segment
With YoY comparisons, source: SEC Filings
“2025 was a milestone year for eBay, and our results reflect the strength of our strategy and the disciplined execution behind it. We have built significant momentum across our strategic priorities, delivering meaningful growth and reinforcing our leadership in recommerce. As we continue to harness AI to elevate the customer experience worldwide, eBay is in the strongest position it has been in years.”
— Jamie Iannone, Q1 2026 Earnings Press Release
EBAY Earnings Trends
EBAY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
EBAY EPS Trend
Earnings per share: estimate vs actual
EBAY Revenue Trend
Quarterly revenue: estimate vs actual
EBAY Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | — | — | — | — |
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $1.35 | $1.41 | +4.44% | $2.97B | +2.89% |
| FY Full Year | $5.46 | $5.52 | +1.04% | $11.10B | +0.76% |
| Q3 25 BEAT | $1.33 | $1.36 | +1.90% | $2.82B | +3.27% |
| Q2 25 BEAT | $1.30 | $1.37 | +5.63% | $2.73B | +3.38% |
| Q1 25 BEAT | $1.34 | $1.38 | +3.23% | $2.59B | +1.50% |