EBAY · 10-Q · 2026Q3

EBAY INC

Filed 2026-10-29 · Other · View original filing on EDGAR

Everything EBAY's SEC filings said, ranked

Ranked Events

• Capital Return ProgramImportance 73 · Surprise 66
  eBay repurchased $1.5 billion of common stock in the first nine months of 2026 and paid $415 million in cash dividends, compared with $1.9 billion of repurchases and $400 million of dividends in the prior-year period.…
• Operating Cash Flow TrendsImportance 69 · Surprise 64
  Cash provided by continuing operating activities was $2.394 billion in the first nine months of 2026, compared with $1.315 billion in the same period of 2025. The increase primarily reflected $794 million less cash…
• Acquisition / Partnership / DivestitureImportance 65 · Surprise 60
  eBay completed its acquisition of Depop, a C2C fashion marketplace, on July 30, 2026. The cash consideration was $1.4 billion, inclusive of a preliminary purchase price adjustment. Depop contributed to U.S. GMV growth…
• Liquidity and Debt PositionImportance 64 · Surprise 56
  Cash, cash equivalents, and short- and long-term non-equity investments totaled $3.3 billion at September 30, 2026, down from $4.8 billion at December 31, 2025; customer funds of $1.3 billion and restricted cash of…
• Market Demand TrendsImportance 60 · Surprise 40
  GMV increased 15% year over year to $23.2 billion in the third quarter of 2026 and 16% to $67.8 billion for the first nine months. Growth was driven by continued execution of strategic initiatives and improved U.S.…
• Geographic Revenue ShiftImportance 56 · Surprise 48
  U.S. third-quarter revenue rose to $1.831 billion from $1.453 billion year over year, while international revenue edged up to $1.375 billion from $1.367 billion.
• Operating Expense TrendsImportance 54 · Surprise 40
  Total operating expenses increased to $5.005 billion for the first nine months of 2026 from $4.233 billion, an increase of approximately 18%. Sales and marketing expense growth included $290 million of additional…
• Segment Revenue PerformanceImportance 54 · Surprise 40
  Marketplace revenue increased to $2.599 billion in third-quarter 2026 from $2.295 billion, and to $7.645 billion for the first nine months from $6.686 billion.
• Revenue Performance and MixImportance 54 · Surprise 40
  Third-quarter 2026 net revenue increased 14% year over year to $3.206 billion from $2.820 billion; nine-month revenue rose to $9.429 billion from $8.135 billion.
• Advertising Revenue ExpansionImportance 48 · Surprise 40
  Advertising revenue was $607 million in the third quarter of 2026, calculated as total revenue of $3.206 billion less marketplace revenue of $2.599 billion, compared with $525 million a year earlier.
• Income Tax Rate ChangesImportance 46 · Surprise 56
  The effective tax rate for the third quarter of 2026 was 17.1%, compared with a tax benefit reflected in the prior-year rate of (4.3)%; the nine-month rate increased to 17.1% from 12.6%. The change primarily reflected…
• Capital ExpendituresImportance 39 · Surprise 38
  eBay paid $421 million for property and equipment in the first nine months of 2026, compared with $309 million in the first nine months of 2025, an increase of approximately 36%.
• Operating Income and MarginsImportance 31 · Surprise 32
  Operating margin was 19.2% in the third quarter of 2026, down from 20.3% in the third quarter of 2025, a decline of 1.1 percentage points.
• Gross Margin DriversImportance 29 · Surprise 6
  Third-quarter cost of net revenues increased year over year, including $56 million of additional payment processing costs, $22 million of authentication and shipping costs, and $20 million of promoted offsite…
• Advertising Demand TrendsImportance 26 · Surprise 24
  eBay reported increased adoption of first-party advertising and attribution changes that improved its ability to convert first-party ads. These factors increased monetization during the third quarter and first nine…
• Macroeconomic Factors ImpactImportance 20 · Surprise 24
  eBay said continued challenging macroeconomic conditions across certain international markets partially offset GMV growth for the three and nine months ended September 30, 2026. The company also identified improved…
• FX / Currency ImpactImportance 20 · Surprise 24
  eBay generates a significant portion of net revenue internationally, with foreign-currency revenue primarily denominated in British pounds and euros. For the three months ended September 30, 2026, currency movements…
• Geographic Market CommentaryImportance 20 · Surprise 24
  U.S. GMV growth reflected improved consumer demand and increases across all major categories, led by Collectibles, Electronics and Fashion, including Depop. International GMV growth was primarily driven by Focus…

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Revenue by Geography (in millions)