eBay Q3 profit tops estimates, shares rise 4.5% after hours
eBay said non-GAAP earnings were $1.51 per diluted share, topping the $1.44 consensus estimate compiled by Finnhub. Revenue was $3.21 billion, in line with the $3.18 billion estimate.
Key takeaways
- eBay Inc. (EBAY) said on Oct. 28 its non-GAAP earnings were $1.51 per diluted share for the third quarter, topping the $1.44 consensus estimate compiled by Finnhub. Revenue was $3.21 billion, in line with the $3.18 billion estimate. It gave fourth-quarter revenue guidance of $3.19 billion to $3.24 billion.
eBay Inc. (EBAY) said in a regulatory filing on Oct. 28 that its third-quarter non-GAAP earnings were $1.51 per diluted share, topping the $1.44 consensus estimate compiled by Finnhub.
Shares rose 4.5% in after-hours trading as of 7:30 p.m. ET, from a regular-session close of $117.94.
Revenue rose 14% to $3.21 billion from $2.82 billion a year earlier. The figure was in line with the $3.18 billion consensus revenue estimate compiled by Finnhub.
Gross merchandise volume was $23.2 billion, up 15% from a year earlier. Revenue has risen in each of the last three quarters, from $2.82 billion to $3.13 billion, according to its SEC filings.
Here's how the company did:
- Non-GAAP EPS: $1.51 vs. $1.35 a year earlier, topping the $1.44 expected, according to Finnhub
- Revenue: $3.21 billion vs. $2.82 billion a year earlier, in line with the $3.18 billion expected, according to Finnhub
- GAAP EPS: $1.11 vs. $1.27 a year earlier
“Our third quarter results demonstrate that eBay’s strategy is delivering strong GMV growth and meaningful earnings expansion,” said Chief Financial Officer Peggy Alford.
eBay Inc. connects millions of buyers and sellers in more than 190 markets. In 2025, it enabled nearly $80 billion of gross merchandise volume, according to the company.
The company completed its acquisition of Depop, a C2C fashion marketplace, from Etsy Inc. on July 30 for $1.4 billion in cash, subject to a preliminary purchase price adjustment.
2026 guidance
For the fourth quarter, the company expects revenue of $3.19 billion to $3.24 billion and non-GAAP EPS of $1.48 to $1.53.
For full year 2026, it expects revenue of $12.62 billion to $12.67 billion, GMV of $91.5 billion to $91.9 billion and non-GAAP EPS of $6.25 to $6.30.
Capital returns
eBay returned $827 million to stockholders in the quarter, including $689 million of share repurchases and $138 million of cash dividends. It had about $1.3 billion left on its repurchase authorization as of Sept. 30.
Its Audit Committee declared a fourth-quarter cash dividend of 31 cents per share, payable Dec. 18 to holders of record as of Dec. 4.