eBay said net revenues for the 3 months ended March 31, 2025 increased 1% to $2,585 million from $2,556 million in the same period in the prior year, and operating margin decreased to 23.8% from 24.7% in the same period in the prior year.

1. 01

   eBay said net revenues for the 3 months ended March 31, 2025 increased 1% to $2,585 million from $2,556 million in the same period in the prior year, and operating margin decreased to 23.8% from 24.7% in the same period in the prior year.

2. 02

   The company cited higher GMV and expansion of promoted listings products as factors in the increase in net revenues, partially offset by changes to fee structure in certain markets.

3. 03

   eBay said cash provided by continuing operating activities for the 3 months ended March 31, 2025 was $787 million compared to $615 million in the same period in the prior year, primarily attributable to working capital movements.

4. 04

   The company repurchased $625 million of common stock and paid $134 million in cash dividends during the quarter, and in March repaid $800 million aggregate principal amount of its previously outstanding 1.900% senior notes on the date of maturity.

Key figures

Quarter ended March 31, 2025

Revenue

$2.6B

Operating income

$616M

Net income

$503M

EPS

$1.06

Gross profit

$1.9B

Operating cash flow

$787M

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

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.