AI brief of an SEC Form 8-K · eBay (EBAY)

eBay Q1 revenue rose 1% to $2.6 billion as CFO Steve Priest steps down

Positive Impact 4 of 5 leadership Written later

eBay reported first-quarter 2025 revenue of $2.6 billion, up 1% from a year earlier, and GAAP earnings of $1.06 per diluted share, up from $0.85. The company also said CFO Steve Priest will step down effective May 11, 2025, and Peggy Alford will become Senior Vice President and CFO effective May 12, 2025. GAAP operating margin slipped to 23.8% from 24.7%, and second-quarter guidance was issued.

Key points

  • Q1 2025 net revenues were $2.6 billion, up 1%; GMV was $18.8 billion, up 1%.
  • GAAP EPS was $1.06 versus $0.85 a year earlier; non-GAAP EPS was $1.38 versus $1.25.
  • Q2 2025 guidance: net revenues $2.59 to $2.66 billion; non-GAAP diluted EPS $1.24 to $1.31.
  • Peggy Alford's offer letter provides an $850,000 base salary and a target bonus of 100% of base salary.

The filing

CompanyeBay (EBAY)
Form8-K, current report
Filed with the SECApr 30, 2025, 4:08 PM ET
Accession number0001065088-25-000058

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.