eBay reported Q4 2025 net revenues of USD 2.97 billion (+15%) and gross merchandise volume (GMV) of USD 21.2 billion (+10%). GAAP net income from continuing operations was USD 525 million and GAAP diluted EPS from continuing operations was USD 1.14; non-GAAP net income from continuing operations was USD 648 million and non-GAAP diluted EPS was USD 1.41. GAAP operating margin was 20.3% and non-GAAP operating margin was 26.1%. eBay returned USD 756 million to stockholders in Q4, including USD 625 million of share repurchases and USD 131 million paid in cash dividends. For FY 2025, eBay posted net revenues of USD 11.1 billion (+8%) and GMV of USD 79.6 billion (+7%). GAAP net income from continuing operations was USD 2.0 billion and GAAP diluted EPS from continuing operations was USD 4.26; non-GAAP net income from continuing operations was USD 2.58 billion and non-GAAP diluted EPS was USD 5.52. eBay returned over USD 3.0 billion to stockholders in FY 2025, including USD 2.5 billion of share repurchases and USD 531 million paid in cash dividends. Key updates included expansion of eBay Live to Germany and Australia; a beta launch of an AI-enabled “Magical Listing” experience on iOS and Android for new and reactivated U.S. sellers; a new AI-powered card scanning experience using Smart Lens; expansion of Authenticity Guarantee in Germany and optional authentication in the U.K. and Germany; and the launch of “AI Activate” in the U.K. developed with OpenAI. eBay also announced a definitive agreement to acquire Depop from Etsy in an all-cash deal valued at about USD 1.2 billion, expected to close in Q2 2026, and declared a Q1 2026 cash dividend of USD 0.31 per share (payable March 20, 2026) alongside an incremental USD 2.0 billion repurchase authorization. Q1 2026 guidance calls for net revenues of USD 3.00 billion to USD 3.05 billion, GMV of USD 21.5 billion to USD 21.9 billion, GAAP diluted EPS of USD 1.14 to USD 1.20, and non-GAAP diluted EPS of USD 1.53 to USD 1.59.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. eBay Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602181605PR_NEWS_USPR_____SF90316) on February 18, 2026, and is solely responsible for the information contained therein.