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AI English summary of an SEC filing — figures as filed

eBay logoeBay EBAY

The company said revenue for Q1 2025 rose to $2.6 billion, up 1% on an as-reported basis and 2% on an FX-Neutral basis. GAAP earnings per diluted share from continuing operations were $1.06, and Non-GAAP earnings per diluted share were $1.38.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 2025 rose to $2.6 billion, up 1% on an as-reported basis and 2% on an FX-Neutral basis. GAAP earnings per diluted share from continuing operations were $1.06, and Non-GAAP earnings per diluted share were $1.38.

  2. The company said its GAAP operating margin for Q1 2025 was 23.8%, down from 24.7% a year earlier, and its Non-GAAP operating margin was 29.8%, down from 30.3% a year earlier.

  3. eBay said it generated operating cash flow of $787 million and free cash flow of $644 million in Q1 2025. It said total stockholder returns for the quarter were $759 million, consisting of $625 million in share repurchases and $134 million in cash dividends.

  4. The company said Steve Priest will step down as Chief Financial Officer effective May 11, 2025, and Peggy Alford will be appointed effective May 12. The company gave revenue guidance for Q2 of $2.59 billion to $2.66 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 2025 Revenue of $2.6 billion, GAAP EPS of $1.06

The company said revenue for Q1 2025 rose to $2.6 billion, up 1% on an as-reported basis and 2% on an FX-Neutral basis. GAAP earnings per diluted share from continuing operations were $1.06, and Non-GAAP earnings per diluted share were $1.38.

Source · Based on the filing body and exhibits

GAAP and Non-GAAP operating margins down year over year

The company said its GAAP operating margin for Q1 2025 was 23.8%, down from 24.7% a year earlier, and its Non-GAAP operating margin was 29.8%, down from 30.3% a year earlier.

Source · Based on the filing body and exhibits

Q1 operating cash flow $787 million, shareholder returns $759 million

eBay said it generated operating cash flow of $787 million and free cash flow of $644 million in Q1 2025. It said total stockholder returns for the quarter were $759 million, consisting of $625 million in share repurchases and $134 million in cash dividends.

Source · Based on the filing body and exhibits

CFO transition and Q2 revenue outlook

The company said Steve Priest will step down as Chief Financial Officer effective May 11, 2025, and Peggy Alford will be appointed effective May 12. The company gave revenue guidance for Q2 of $2.59 billion to $2.66 billion.

Source · Based on the filing body and exhibits

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.