EBAY · 8-K · 20260805PR000174

Operating Income and Margins

EBAY INC · 2026-08-05 · Importance 57 · Surprise 38 · From source text

GAAP operating income increased 41% to $676 million from $479 million, and GAAP operating margin expanded to 21.6% from 17.6%. Non-GAAP operating income increased 16% to $893 million from $771 million, while non-GAAP operating margin rose modestly to 28.5% from 28.3%. The 2026 GAAP-to-non-GAAP operating-income adjustments totaled $217 million, including $188 million of stock-based compensation and related payroll taxes, $25 million of transaction-related costs, and a $10 million benefit from legal matters.

Key facts

• Income from operations in Q2 2026 was $676 million, compared to $479 million in Q2 2025. source
• GAAP net income from continuing operations for Q2 2026 was $552 million. source
• Non-GAAP net income from continuing operations for Q2 2026 was $727 million. source
• GAAP effective tax rate for continuing operations for Q2 2026 was 17.1%, compared to 22.6% in Q2 2025. source
• The company uses a non-GAAP effective tax rate of 17.5% in 2026, up from 16.5% in 2025. source
• GAAP earnings per diluted share from continuing operations for Q2 2026 were $1.21. source
• Non-GAAP earnings per diluted share from continuing operations for Q2 2026 were $1.60. source
• GAAP operating margin for Q2 2026 was 21.6%. source

Impact estimates