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MARKETS / NASDAQ / EBAY
NASDAQ · SERVICES-BUSINESS SERVICES, NEC · LARGE CAP

Ebay Inc. EBAY

19 fiscal years on record · USD · FY2025 reported · SEC filings only
$11.1B
▲ 7.9% YoY
$2.0B
▲ 2.8% YoY
$1.4B
▼ 26.7% YoY
In brief

What this company does

The company generates net revenues through two activities: Marketplace activities, which primarily consist of commissions from connecting buyers and sellers on its platforms, and Advertising activities, which primarily consist of fees charged to sellers to promote their listings. At the end of 2025, eBay had 135 million active buyers and 2.5 billion live listings globally. In 2025, the company generated nearly $80 billion in Gross Merchandise Volume, of which 51 percent was generated outside the United States. As of December 31, 2025, the company employed approximately 12,300 people globally, of which approximately 7,200 were located in the United States. eBay Inc. was founded in 1995 in San Jose, California.

Written from the business description in EBAY INC's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth
USD 11.1B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 11.1 · Net income 2.0
5B10B2007201020132016201920222025
Compound annual growth
+4.3%
+4.5%
+2.6%
+1.3%
−18.6%
+1.6%
+0.8%
−11.3%
+11.8%
+8.0%
−6.6%
−12.1%
+4.1%
+12.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.5% · Net 18.3%
50%100%2007201020132016201920222025
ROE
FY2025 · ROE 41.6%
100%200%2007201020132016201920222025

Each USD of equity produced 42 cents of profit this year.

Cash & shareholders
USD 2.9B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.4
2B4B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.5 · Net buybacks 2.4
2.5B5.0BDividendsNet buybacks2007201020132016201920222025

USD 531.0M in dividends and USD 2.4B in buybacks — 142% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 17.6B
EquityUSD 4.6B
CashUSD 1.9B
Gross debtUSD 6.7B
Net debtUSD 4.9B
Current ratio1.10×

Net debt stands at 106% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B11.110.310.19.810.48.97.48.79.99.38.68.88.314.111.79.28.78.57.7
Operating income $B2.32.31.92.42.92.61.81.82.32.32.22.52.52.92.42.11.52.10.6
EBITDA $B2.72.72.42.83.43.22.32.32.92.92.83.02.93.73.02.61.92.5·
Income tax $B0.30.30.9−0.30.10.90.20.13.3−3.60.53.40.50.50.70.30.50.40.4
Net income $B2.02.02.8−1.313.65.71.82.5−1.07.31.70.02.92.63.21.82.41.80.3
Free cash flow $B1.42.02.01.82.22.02.62.02.52.23.45.14.32.62.32.02.32.32.2
EPS, diluted $4.343.945.19−2.2720.547.892.092.55−0.956.351.420.042.181.992.461.361.831.360.25
Dividend / sh $···················
Payout %262719−3938260−0··········
ROE %41.634.247.9−17.0204.0176.239.035.3−11.085.013.00.212.813.519.412.419.215.63.0
Shares out B0.450.470.520.540.590.680.800.921.031.091.181.221.291.291.291.301.301.281.35

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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