eBay Q2 revenue, profit beats analyst expectations on advertising offerings

eBay

05/08/2026 21:26

Overview
Online marketplace's Q2 revenue rose 15%, beating analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company completed $1.4 bln Depop acquisition and returned $448 mln to shareholders

Outlook
eBay sees Q3 revenue of $3.07 bln to $3.12 bln
Company expects Q3 gross merchandise volume of $22.0 bln to $22.4 bln
eBay expects Q3 diluted non-GAAP EPS of $1.36 to $1.42

Result Drivers
CATEGORY LEADERSHIP - Co said GMV growth reflects its leadership in categories important to buyers and sellers
ADVERTISING REVENUE - First-party advertising products delivered $570 mln revenue, up 25% year-over-year
INNOVATION INITIATIVES - Co cited expanded Authenticity Guarantee, AI-powered listing tools, and enhanced C2C experience as supporting momentum

Company press release: ID:nPn1g1m80a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$3.10 bln
$3.02 bln (26 Analysts)
Q2 Adjusted EPS
Beat
$1.60
$1.51 (23 Analysts)
Q2 Adjusted Net Income
Beat
$727 mln
$682.74 mln (14 Analysts)
Q2 GMV
 
$22.40 bln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 20 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for eBay Inc. is $114.00, about 4% above its August 4 closing price of $109.61
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)