eBay Q2 revenue rises 6% to $2.7 billion; GAAP EPS rises to $0.79 from $0.45
eBay reported second-quarter 2025 revenue of $2.7 billion, up 6% from a year earlier, and GAAP earnings of $0.79 per diluted share, up from $0.45. Its GAAP operating margin fell to 17.7% from 21.3%, and operating cash flow was negative $307 million for the quarter. The company also guided third-quarter non-GAAP EPS to $1.29 to $1.34 and declared a $0.29 per share dividend.
Key points
- Q2 2025 revenue was $2.7 billion, up 6% as reported and up 4% on an FX-Neutral basis.
- Q2 GAAP EPS was $0.79 versus $0.45 a year earlier; non-GAAP EPS was $1.37 versus $1.18.
- Q3 2025 guidance: revenue of $2.69 billion to $2.74 billion and non-GAAP EPS of $1.29 to $1.34.
- The company repurchased $625 million of stock and paid $134 million in dividends in Q2; the remaining authorization was about $2.0 billion as of June 30, 2025.
The filing
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 July 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.