eBay Q1 revenue rises 19% to $3.1 billion; GAAP EPS $1.12 vs $1.05 a year earlier
eBay reported first-quarter 2026 revenue of $3.1 billion, up 19% from a year earlier, and GAAP earnings of $1.12 per diluted share, up from $1.05. GAAP operating margin fell to 19.8% from 23.6%, while the company guided second-quarter revenue to $2.97 billion to $3.03 billion and expects its pending $1.2 billion Depop acquisition to close by the end of the third quarter of 2026.
Key points
- Revenue was $3,089 million, up 19% as reported and up 17% on an FX-neutral basis; GMV was $22.2 billion, up 18%.
- GAAP diluted EPS was $1.12 versus $1.05; non-GAAP diluted EPS was $1.66 versus $1.37.
- Second-quarter 2026 guidance: revenue of $2.97 billion to $3.03 billion and GAAP diluted EPS of $1.09 to $1.14.
- Returned $639 million to stockholders in the quarter, including $500 million of buybacks; a $0.31 per share dividend is payable June 12, 2026.
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 April 29, 2026.
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.