eBay Inc. (NASDAQ:EBAY) released its first-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter.
The Details: eBay reported quarterly earnings of $1.38 per share, which beat the analyst consensus estimate of $1.34. Quarterly revenue came in at $2.58 billion, which beat the analyst consensus estimate of $2.55 billion and is an increase over revenue of $2.56 billion from the same period last year.
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Non-GAAP operating margin decreased to 29.8% for the first quarter of 2025, compared to 30.3% for the same period last year.
GMV was $18.8 billion, up 1% on an as-reported basis and up 2% on an FX-Neutral basis.
“eBay’s first quarter results were ahead of expectations, as we delivered our fourth consecutive quarter of positive GMV growth,” said Jamie Iannone, CEO at eBay.
“Our Focus Categories and geo-specific investments are driving momentum in the business, and we continue to innovate — leveraging Al to make our marketplace more efficient and intuitive for customers,” Iannone added.
Outlook: eBay sees second-quarter earnings in a range of $1.24 to $1.31 per share, versus the $1.29 estimate, and revenue in a range of $2.59 billion to $2.66 billion, versus the $2.6 billion analyst estimate.
EBAY Price Action: According to data from Benzinga Pro, eBay stock was down 0.23% after-hours at $68 on Wednesday.
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