eBay said revenue for Q3 2025 rose to $2.8 billion, up 9% on an as-reported basis and up 8% on an FX-Neutral basis. Gross merchandise volume (GMV) was $20.1 billion, up 10% as reported and up 8% on an FX-Neutral basis.

1. 01

   eBay said revenue for Q3 2025 rose to $2.8 billion, up 9% on an as-reported basis and up 8% on an FX-Neutral basis. Gross merchandise volume (GMV) was $20.1 billion, up 10% as reported and up 8% on an FX-Neutral basis.

2. 02

   The company reported GAAP net income from continuing operations of $597 million for Q3, or $1.28 per diluted share, down from $636 million, or $1.29 per share, a year earlier. The GAAP operating margin was 20.4%, lower than 23.1% in the same period last year, and the non-GAAP operating margin was 27.1%.

3. 03

   The company said it generated operating cash flow of $934 million and free cash flow of $803 million from continuing operations in Q3. It returned $757 million to stockholders in the same quarter, including $625 million of share repurchases and $132 million of cash dividends.

4. 04

   eBay gave revenue guidance for Q4 2025 of $2.83 billion to $2.89 billion and full-year revenue guidance of $10.97 billion to $11.03 billion. Its full-year non-GAAP diluted EPS guidance is $5.42 to $5.47.

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.

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.