eBay Inc.'s Stock Analysis

eBay Closes $1 Billion Senior Unsecured Notes Offering

On November 6, 2025, eBay Inc. completed the offering of $1 billion in senior unsecured notes, which includes $600 million in 4.250% Notes due 2029 and $400 million in 5.125% Notes due 2035. These notes were issued under an Underwriting Agreement with major financial institutions and rank equally with other senior and unsubordinated debts of the company. The notes will accrue interest and are redeemable at the company's discretion prior to maturity.

The 2029 Notes will pay interest semi-annually at a rate of 4.250%, starting March 6, 2026, while the 2035 Notes will pay 5.125% interest, beginning May 6, 2026. The Indenture governing the notes includes certain covenants that restrict specific financial activities, although it allows for exceptions. In the event of a Change of Control Triggering Event, eBay may be required to repurchase the notes at a premium, subject to certain conditions.

Nov 06, 2025 16:13:36

eBay Corrects GMV Guidance for Q4 2025 Announcement

On October 30, 2025, eBay's CEO, Jamie Iannone, mistakenly stated during an interview that the company's gross merchandise volume (GMV) guidance of 4% - 6% was for the next year. He clarified that the guidance actually pertains to the upcoming quarter, Q4 2025, which was previously announced in an earnings release dated October 29, 2025. This correction does not constitute an update or affirmation of the guidance provided.

The company emphasized that the information shared in this context is not to be considered 'filed' under the Securities Exchange Act or subject to related liabilities. This clarification serves to ensure that investors have accurate and consistent information regarding eBay's performance expectations for the fourth quarter of 2025.

Oct 31, 2025 16:41:27

eBay Reports Third Quarter 2025 Financial Results and Highlights

eBay reported third quarter 2025 revenue of $2.8 billion, reflecting a 9% increase compared to the previous year, and a Gross Merchandise Volume (GMV) of $20.1 billion, up 10%. The company's earnings per diluted share were $1.28 on a GAAP basis and $1.36 on a non-GAAP basis. eBay returned $757 million to shareholders during the quarter, which included $625 million in share repurchases and $132 million in cash dividends. The company also generated $934 million in operating cash flow.

In addition to its financial performance, eBay celebrated its 30th anniversary and launched several initiatives to enhance user experience, including AI-driven features and expanded seller protections. The company has made strides in its advertising revenue, which totaled $525 million, and maintained strong operational discipline. As of September 30, 2025, eBay had $5.3 billion in cash and cash equivalents, with a remaining share repurchase authorization of approximately $1.4 billion.

Oct 29, 2025 16:07:28

eBay Reports Q2 2025 Revenue Growth and Shareholder Returns

eBay announced its financial results for the second quarter of 2025, reporting revenue of $2.7 billion, a 6% increase compared to the same period last year. Gross Merchandise Volume (GMV) also grew by 6% to $19.5 billion. The company achieved GAAP earnings of $0.79 per diluted share and non-GAAP earnings of $1.37 per diluted share. eBay returned $759 million to stockholders during the quarter, which included $625 million in share repurchases and $134 million in cash dividends.

In addition to financial performance, eBay highlighted several business initiatives, including the launch of eBay Live in the U.K. and new AI-driven shopping features. The company reported a GAAP operating margin of 17.7%, down from 21.3% year-over-year, while the non-GAAP operating margin improved to 28.4%. eBay's cash and cash equivalents totaled $5.4 billion as of June 30, 2025, and the board declared a cash dividend of $0.29 per share, payable on September 12, 2025.

Jul 30, 2025 16:07:56

eBay Reports Q1 2025 Revenue Growth and Stockholder Returns

In terms of business developments, eBay introduced several initiatives, including an AI-powered listing flow for U.S., U.K., and German customers, and expanded its Authenticity Guarantee service in Japan for watches and jewelry. The company also announced the acquisition of Caramel, an online automotive transaction solution provider, and launched a curated shopping experience for Pokémon collectibles. eBay's advertising offerings generated $442 million in revenue, representing 2.4% of GMV, with a notable growth in first-party advertising products. The Board of Directors declared a cash dividend of $0.29 per share for the second quarter of 2025, payable on June 13, 2025.

Apr 30, 2025 16:08:27

eBay Reports Mixed Q4 and Full Year 2024 Financial Results

eBay Inc. reported a revenue of $2.6 billion for the fourth quarter of 2024, marking a 1% increase compared to the previous year. The company also saw a gross merchandise volume (GMV) rise to $19.3 billion, up 4% year-over-year. GAAP net income from continuing operations was $680 million, with earnings per diluted share remaining steady at $1.40. The company returned $1 billion to stockholders in Q4, which included $900 million in share repurchases and $128 million in cash dividends.

Conversely, eBay's full year results showed a decline in GAAP net income, which fell 29% to $2.0 billion, and earnings per diluted share decreased by 24% to $3.95. The company also reported a decrease in total stockholders' equity from $6.4 billion in 2023 to $5.2 billion in 2024. Operating margins remained relatively stable, yet there was a notable reduction in cash flow from operations and free cash flow compared to the previous year, indicating potential challenges in sustaining financial performance.

Feb 26, 2025 16:06:59

$3.0 Billion Incremental Authorization for Stock Repurchase Program

The Board of Directors has authorized an additional $3.0 billion for the company's stock repurchase program, enhancing the total available for repurchases. This program has no expiration date and reflects the company’s ongoing commitment to return value to shareholders through share buybacks.

However, the company notes that the stock repurchase program may be limited or terminated at any time without prior notice. The actual execution of the repurchase will depend on various factors, including market conditions and regulatory requirements, which may affect the timing and number of shares repurchased.

Dec 16, 2024 16:35:13

eBay Inc. Announces Third Quarter 2024 Financial Results

eBay Inc. reported a revenue increase of 3% in Q3 2024, totaling $2.6 billion. The company also saw a gross merchandise volume of $18.3 billion, up 2%, and a GAAP net income of $636 million, though this represented a 51% decrease from the previous year. eBay returned $881 million to shareholders through share repurchases and dividends, reflecting a commitment to capital returns. Additionally, the launch of new advertising tools and financing options for sellers indicates ongoing efforts to enhance user experience and support seller growth.

On the downside, eBay's GAAP earnings per diluted share fell to $1.29, down 48% from $2.46 year-over-year. The decline in GAAP net income, alongside a significant drop in overall net income, raises concerns about profitability in a challenging macroeconomic environment. Despite the positive growth in revenue and merchandise volume, the decrease in net income and earnings per share highlights potential underlying issues that may need to be addressed moving forward.

Oct 30, 2024 16:07:26

eBay Eliminates Selling Fees for UK Consumers, Enhances Services

eBay has announced the removal of selling fees for consumer-to-consumer sellers in the UK for domestic transactions, excluding motor vehicles. This move follows earlier initiatives aimed at promoting free selling in pre-owned apparel categories. The company is also enhancing user experience through a streamlined listing process, improved delivery options, and better wallet functionality. These changes are expected to foster a more vibrant marketplace and encourage more individuals to sell on eBay, which could lead to increased overall spending on the platform.

The announcement reflects eBay's strategic focus on consumer-to-consumer selling, which has shown to benefit both buyers and sellers. By eliminating fees, eBay aims to lower barriers for sellers, potentially unlocking a significant market of unused items in UK households. Previous initiatives in other markets have demonstrated positive outcomes, such as improved customer satisfaction and increased sales. eBay plans to introduce additional buyer-facing fees in 2025, suggesting a balanced approach to monetization while enhancing the overall customer experience.

Oct 01, 2024 06:00:46

eBay Welcomes New Director to Enhance Growth Strategy

eBay has appointed Bill Nash, the CEO of CarMax, to its Board of Directors, effective September 18, 2024. Nash brings a wealth of experience in retail and e-commerce, which is expected to significantly benefit eBay's strategy for sustainable growth. His leadership at CarMax, particularly in technology and digital initiatives, positions him well to help eBay innovate and build customer loyalty.

Nash expressed enthusiasm about joining eBay and believes the company is poised to redefine e-commerce. His track record in delivering exceptional customer experiences and driving company growth will likely contribute positively to eBay's ongoing efforts. With this addition, eBay's Board now consists of eleven members, with ten being independent, which reflects a commitment to diverse skills and perspectives in overseeing the company's long-term strategy.

Sep 19, 2024 16:06:16