eBay Q3 Revenue Up 14% to $3.2B, Non-GAAP EPS $1.51; Q4 Guide $1.48-$1.53
EBAY sits 51% above its 52-week low of $78.03.
Summary
eBay posted Q3 revenue of $3.2 billion, up 14% as reported and 13% FX-neutral, with GMV of $23.2 billion up 15%. Non-GAAP EPS came in at $1.51 versus $1.35 a year ago, while GAAP EPS fell to $1.10 from $1.27 on a higher tax rate and lower interest income, and net income was $497 million. Non-GAAP operating margin slipped to 26.3% from 27.0% as sales and marketing spend rose. The company guided Q4 revenue to $3.19-$3.24 billion and non-GAAP EPS to $1.48-$1.53, and full-year 2026 revenue to $12.62-$12.67 billion with non-GAAP EPS of $6.25-$6.30. This follows the October 22 confirmation of a roughly 9% workforce cut tied to $130-150 million of restructuring, which is baked into the guidance. eBay returned $827 million to shareholders in the quarter, including $689 million of buybacks, and declared a $0.31 quarterly dividend payable December 18.
At the time of this announcement, EBAY was trading at $118.02 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $52.5B. The 52-week trading range was $78.03 to $124.59. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: PR Newswire.