Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

eBay logoeBay EBAY

eBay said net revenues for fiscal 2024 increased 2% to $10.3 billion, compared to $10.1 billion in 2023, and FX-Neutral net revenues also increased 2%. Operating margin was 22.5% compared to 19.2% in 2023.

10-KAnnual reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. eBay said net revenues for fiscal 2024 increased 2% to $10.3 billion, compared to $10.1 billion in 2023, and FX-Neutral net revenues also increased 2%. Operating margin was 22.5% compared to 19.2% in 2023.

  2. The company recognized $76 million of aggregate losses on equity investments and warrant in 2024 compared to $1.8 billion of aggregate gains recognized in 2023.

  3. eBay said cash flow from continuing operating activities was $2.4 billion in both 2024 and 2023. It repurchased $3.1 billion of common stock and paid $533 million in cash dividends in 2024.

  4. The company repaid $750 million aggregate principal amount of its 3.450% senior notes on the date of maturity in Q3 2024. As of December 31, 2024, $450 million aggregate principal amount of commercial paper notes were outstanding, which it repaid on January 2025.

Key figures

Fiscal year ended December 31, 2024

Revenue
$10.3B
Operating income
$2.3B
Net income
$2.0B
EPS
$3.94
Gross profit
$7.4B
Operating cash flow
$2.4B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Net revenues and operating margin

eBay said net revenues for fiscal 2024 increased 2% to $10.3 billion, compared to $10.1 billion in 2023, and FX-Neutral net revenues also increased 2%. Operating margin was 22.5% compared to 19.2% in 2023.

Source · Based on the MD&A text of the filing

Gain and loss on equity investments and warrant

The company recognized $76 million of aggregate losses on equity investments and warrant in 2024 compared to $1.8 billion of aggregate gains recognized in 2023.

Source · Based on the MD&A text of the filing

Operating cash flow, share repurchases and dividends

eBay said cash flow from continuing operating activities was $2.4 billion in both 2024 and 2023. It repurchased $3.1 billion of common stock and paid $533 million in cash dividends in 2024.

Source · Based on the MD&A text of the filing

Debt repayment and commercial paper

The company repaid $750 million aggregate principal amount of its 3.450% senior notes on the date of maturity in Q3 2024. As of December 31, 2024, $450 million aggregate principal amount of commercial paper notes were outstanding, which it repaid on January 2025.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.