eBay Inc. income statement
In fiscal 2025, eBay Inc. reported revenue of $11.10bn, up 7.9% on the year before, operating income of $2.28bn (a 20.5% margin) and net income of $2.03bn, or $4.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.7 | 9.2 | 11.7 | 14.1 | 16.0 | 17.9 | 8.6 | 9.3 | 9.9 | 8.7 | 7.4 | 8.9 | 10.4 | 9.8 | 10.1 | 10.3 | 11.1 | 12.4 |
| Cost of revenue | 2.5 | 2.6 | 3.5 | 4.2 | 1.5 | 1.7 | 1.8 | 2.0 | 2.2 | 2.0 | 1.6 | 1.8 | 2.7 | 2.7 | 2.8 | 2.9 | 3.2 | 3.4 |
| Gross profit | 6.2 | 6.6 | 8.2 | 9.9 | 6.8 | 7.1 | 6.8 | 7.3 | 7.7 | 6.6 | 5.8 | 7.1 | 7.8 | 7.1 | 7.3 | 7.4 | 7.9 | 8.9 |
| Research and development | 0.8 | 0.9 | 1.2 | 1.6 | 0.9 | 1.0 | 0.9 | 1.1 | 1.2 | 1.1 | 0.9 | 1.0 | 1.3 | 1.3 | 1.5 | 1.5 | 1.6 | 1.8 |
| Selling and marketing | 1.9 | 1.9 | 2.4 | 2.9 | 2.1 | 2.4 | 2.3 | 2.7 | 2.9 | 2.6 | 1.9 | 2.1 | 2.2 | 2.1 | 2.2 | 2.3 | 2.4 | 2.8 |
| General and administrative | 1.4 | 1.1 | 1.4 | 1.6 | 0.9 | 0.9 | 1.1 | 0.9 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 1.0 | 1.2 | 0.9 | 1.2 | 1.3 |
| Operating income | 1.5 | 2.1 | 2.4 | 2.9 | 2.5 | 2.5 | 2.2 | 2.3 | 2.3 | 1.8 | 1.8 | 2.6 | 2.9 | 2.4 | 1.9 | 2.3 | 2.3 | 2.5 |
| Interest expense | — | — | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 |
| Income before tax | 2.9 | 2.1 | 3.9 | 3.1 | 2.6 | 2.5 | 2.4 | 3.7 | 2.3 | 2.2 | 1.7 | 3.3 | 0.4 | −1.6 | 3.7 | 2.3 | 2.3 | 2.5 |
| Income tax | 0.5 | 0.3 | 0.7 | 0.5 | 0.5 | 3.4 | 0.5 | −3.6 | 3.3 | 0.1 | 0.2 | 0.9 | 0.1 | −0.3 | 0.9 | 0.3 | 0.3 | 0.4 |
| Net income | 2.4 | 1.8 | 3.2 | 2.6 | 2.9 | 0.0 | 1.7 | 7.3 | −1.0 | 2.5 | 1.8 | 5.7 | 13.6 | −1.3 | 2.8 | 2.0 | 2.0 | 2.1 |
| Diluted EPS | $1.83 | $1.36 | $2.46 | $1.99 | $2.18 | $0.04 | $1.42 | $6.35 | −$0.95 | $2.55 | $2.09 | $7.89 | $20.54 | −$2.27 | $5.19 | $3.94 | $4.34 | $4.60 |
| Diluted shares (average) | 1,305m | 1,327m | 1,313m | 1,313m | 1,313m | 1,251m | 1,220m | 1,144m | 1,064m | 991m | 856m | 718m | 663m | 558m | 533m | 501m | 468m | 456m |
| EBITDA | 1.9 | 2.6 | 3.0 | 3.7 | 2.9 | 3.0 | 2.8 | 2.9 | 2.9 | 2.3 | 2.3 | 3.2 | 3.4 | 2.8 | 2.4 | 2.7 | 2.7 | 3.0 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,579 | 2,585 | 2,730 | 2,820 | 2,965 | 3,089 | 3,134 | 3,206 |
| Cost of revenue | 718 | 697 | 750 | 794 | 928 | 802 | 832 | 887 |
| Gross profit | 1,861 | 1,888 | 1,980 | 2,026 | 2,037 | 2,287 | 2,302 | 2,319 |
| Research and development | 375 | 393 | 452 | 455 | 342 | 450 | 484 | 517 |
| Selling and marketing | 609 | 536 | 586 | 606 | 666 | 673 | 697 | 747 |
| General and administrative | 241 | 261 | 371 | 282 | 284 | 410 | 306 | 303 |
| Operating income | 543 | 611 | 479 | 571 | 616 | 611 | 676 | 616 |
| Interest expense | 65 | 61 | 62 | 62 | 61 | 61 | 65 | 64 |
| Income before tax | 617 | 629 | 472 | 568 | 638 | 618 | 665 | 605 |
| Income tax | −63 | 128 | 107 | −25 | 101 | 106 | 113 | 104 |
| Net income | 679 | 499 | 364 | 628 | 540 | 512 | 550 | 497 |
| Diluted EPS | $1.38 | $1.05 | $0.78 | $1.34 | $1.17 | $1.12 | $1.21 | $1.10 |
| EBITDA | 668 | 663 | 558 | 648 | 829 | 704 | 777 | 732 |
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