eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today reported financial results for its second quarter ended June 30, 2026.
* Q2 Revenue of $3.1 billion; GMV of $22.4 billion.
* Revenue of $3.1 billion, up 15% on an as-reported basis and up 14% on an FX-Neutral basis
* Gross Merchandise Volume ('GMV') of $22.4 billion, up 15% on an as-reported basis and up 14% on an FX-Neutral basis
* GAAP and Non-GAAP earnings per diluted share of $1.21 and $1.60, respectively, on a continuing operations basis
* GAAP and Non-GAAP operating margins of 21.6% and 28.5%, respectively
* Returned $448 million to stockholders in Q2, including $310 million of share repurchases and $138 million paid in cash dividends
'eBay's second quarter delivered meaningful, broad-based momentum driven by continued innovation and focused execution against our strategic roadmap,' said Jamie Iannone, Chief Executive Officer at eBay. 'This quarter once again demonstrated our ability to focus on our strategic priorities while still delivering strong growth in operating income and EPS.'
'Our second quarter results and continued GMV growth reflect our leadership in the categories that matter most to our buyers and sellers while building an even stronger, more resilient eBay,' said Peggy Alford, Chief Financial Officer at eBay. 'Given the strong momentum we are seeing in our business, we are increasing our full-year top- and bottom-line outlook.'
Second Quarter 2026 Business Highlights
On July 30, 2026, eBay closed its acquisition of Depop Limited (Depop), a leading consumer-to-consumer (C2C) fashion marketplace with a highly engaged Gen Z and Millennial audience, strengthening eBay's leadership in circular fashion and recommerce.
eBay Live posted another record quarter, with GMV growing by roughly eight times year-over-year across its seven markets.
eBay Live continued to deepen global engagement across categories by delivering timely, high-impact experiences that aligned with major cultural moments like the World Cup. These experiences mobilized enthusiasts across the platform while connecting fans to eBay's unique inventory of curated collectibles and memorabilia.
eBay expanded coverage of Authenticity Guarantee to more than 100 fashion brands in the U.S. and U.K. The company also integrated Enquirus, the trusted global database of registered luxury watches, across the U.S., U.K. and Germany, strengthening buyer confidence in eBay's luxury resale offering.
eBay reinforced its leadership position in Collectibles by expanding Authenticity Guarantee for U.K. trading cards valued at over GBP500 and broadening eligibility for its PSA Grading option to include pack-pulled autographed trading cards in the U.S.
eBay further enhanced the C2C experience in Australia, streamlining the end-to-end selling experience with AI-powered listing tools, simplified shipping, secure payments and stronger buyer protections.
In Motors Parts & Accessories (P&A), eBay launched Easy and Free Returns in the U.K. to give buyers greater confidence through a simpler, no-cost returns experience, and expanded the Guaranteed Fit program to Canada, where it also began automatically enriching listings with fitment data to help shoppers find compatible parts.
In Vehicles, eBay introduced new listing capabilities in the eBay mobile app, making it easier for sellers to bring new inventory onto the platform. Additionally, by leveraging AI and automation to simplify the transaction process, eBay significantly reduced the average time to vehicle pickup.
The latest generation of eBay's Magical Listing tool was expanded to include all new and reactivated listers in the U.K. and Germany, further accelerating consumer supply by making it faster and easier to list and sell on eBay.
eBay's AI-powered card scanning feature recently surpassed 80 million cumulative scans as collectors increasingly used the tool to quickly identify cards, understand pricing and list or shop with greater confidence. The company also enhanced Trading Card listings with richer market pricing insights, including Card Ladder indexes that help collectors track the value of specific players, characters, sports and collectible card game genres over time.
Goldin, an eBay company, continued to drive demand for premium collectibles through record-setting sales, including a solo Michael Jordan card for $4.3 million and Wayne Gretzky's Stanley Cup-winning jersey for $2.8 million, the most ever paid for a hockey jersey.
eBay returned to the Met Gala for the fourth consecutive year as designers and creators sourced one-of-a-kind pieces for looks worn by SZA, Wisdom Kaye, Paloma Elsesser and others, reinforcing its marketplace as a destination for pre-loved fashion.
Impact
eBay released its annual Impact Report, highlighting progress in advancing sustainability, recommerce and economic opportunity. In 2025, eBay maintained 100% renewable energy across its operations and generated $5.3 billion in positive economic impact through recommerce.
eBay for Charity enabled buyers and sellers on the platform to raise $58 million worldwide in the second quarter. Highlights included a more than $9 million winning bid for a private lunch with Warren Buffett and Steph and Ayesha Curry that helped raise $27 million for nonprofit organizations GLIDE and Eat. Learn. Play. Additionally, a partnership with The Late Show with Stephen Colbert raised more than $2 million for World Central Kitchen through the auction of iconic Ed Sullivan Theater memorabilia.
eBay was recognized with numerous awards, including the Wall Street Journal's Best Companies for the Future, TIME's World's Most Sustainable Companies 2026, U.S. News & World Report's Best Companies To Work For (Overall) and Newsweek's America's Greatest Workplaces in Tech 2026.
Second Quarter 2026 Financial Highlights
Revenue was $3.1 billion, up 15% on an as-reported basis and up 14% on a foreign exchange ('FX') neutral basis.
GMV was $22.4 billion, up 15% on an as-reported basis and up 14% on an FX-Neutral basis.
GAAP net income from continuing operations was $552 million, or $1.21 per diluted share.
Non-GAAP net income from continuing operations was $727 million, or $1.60 per diluted share.
GAAP and Non-GAAP operating margins were 21.6% and 28.5%, respectively.
Generated $549 million of operating cash flow and $326 million of free cash flow from continuing operations.
Returned $448 million to stockholders, including $310 million of share repurchases and $138 million paid in cash dividends.
See full release at: https://www.ebayinc.com/stories/news/ebay-inc-reports-second-quarter-2026-results/
(C) 2026 Electronic News Publishing, source ENP Newswire