eBay Inc. (EBAY) Financial Statements

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eBay financial statements at a glance

eBay reported revenue of $11.10 billion for fiscal year 2025 (ended December 31, 2025), up 7.9% from fiscal year 2024. Net income was $2.03 billion, a net margin of 18.3%, and diluted earnings per share were $4.34.

At the end of fiscal year 2025 it had total assets of $17.61 billion, total liabilities of $13.00 billion and shareholders' equity of $4.62 billion, with cash and short-term investments of $2.92 billion and total debt of $7.18 billion.

Its operations brought in $1.96 billion of cash; capital spending was $525.00 million, leaving free cash flow of $1.43 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

EBAY logo

eBay Inc.

EBAYUnited States
Essential Consumer Products
USD (Local)

Income Statement

Annual • USD

Total Revenue
11.10B
Prev Year: 10.28B
YoY: +7.9%
Operating Revenue
11.10B
Prev Year: 10.28B
YoY: +7.9%
Tax Rate for Calcs
0.135
Prev Year: 0.13
YoY: +3.7%
Tax Effect of Unusual Items
1.48M
Prev Year: -6.89M
YoY: +121.5%
Weighted Average Shares (diluted)
468.00M
Prev Year: 501.00M
YoY: -6.6%
Weighted Average Shares (basic)
459.00M
Prev Year: 496.00M
YoY: -7.5%
Diluted EPS
4.34
Prev Year: 3.94
YoY: +10.2%
Basic EPS
4.43
Prev Year: 3.99
YoY: +11.0%
Net Income from Discontinued Operations
35.00M
Prev Year: -6.00M
YoY: +683.3%
Depreciation Amortization Depletion
24.00M
Prev Year: 20.00M
YoY: +20.0%
Depreciation and amortization
24.00M
Prev Year: 20.00M
YoY: +20.0%
Amortization
24.00M
Prev Year: 20.00M
YoY: +20.0%
Amortization of Intangibles
24.00M
Prev Year: 20.00M
YoY: +20.0%
Research and Development
1.64B
Prev Year: 1.48B
YoY: +11.0%
Cost of Revenue
3.17B
Prev Year: 2.88B
YoY: +10.0%
Gross Profit
7.93B
Prev Year: 7.40B
YoY: +7.1%
Operating Expense
5.65B
Prev Year: 5.08B
YoY: +11.2%
Selling General and Administrative
3.59B
Prev Year: 3.23B
YoY: +11.1%
General and Administrative Expense
1.20B
Prev Year: 914.00M
YoY: +31.1%
Other General and Administrative
1.20B
Prev Year: 914.00M
YoY: +31.1%
Selling and Marketing Expense
2.39B
Prev Year: 2.32B
YoY: +3.2%
Other Operating Expenses
396.00M
Prev Year: 353.00M
YoY: +12.2%
Operating Income
2.28B
Prev Year: 2.32B
YoY: -1.8%
Net Non Operating Interest Income Expense
19.00M
Prev Year: 13.00M
YoY: +46.2%
Non-operating Interest Income
265.00M
Prev Year: 272.00M
YoY: -2.6%
Non-operating Interest Expense
246.00M
Prev Year: 259.00M
YoY: -5.0%
Other Income Expense
11.00M
Prev Year: -53.00M
YoY: +120.8%
Gain on Sale of Securities
11.00M
Prev Year: -53.00M
YoY: +120.8%
Pre-tax Income
2.31B
Prev Year: 2.28B
YoY: +1.3%
Provision for Income Taxes
311.00M
Prev Year: 297.00M
YoY: +4.7%
Net Income Common Stockholders
2.03B
Prev Year: 1.98B
YoY: +2.8%
Net Income
2.03B
Prev Year: 1.98B
YoY: +2.8%
Net Income Including Non-Controlling Interests
2.03B
Prev Year: 1.98B
YoY: +2.8%
Net Income from Continuing Operations
2.00B
Prev Year: 1.98B
YoY: +0.8%
Diluted NI Available to Com Stockholders
2.03B
Prev Year: 1.98B
YoY: +2.8%
Total Operating Income as Reported
2.28B
Prev Year: 2.32B
YoY: -1.8%
Total Expenses
8.82B
Prev Year: 7.96B
YoY: +10.8%
Net Income from Continuing and Discontinued Operation
2.03B
Prev Year: 1.98B
YoY: +2.8%
Normalized Income
1.99B
Prev Year: 2.03B
YoY: -2.0%
Interest Income
265.00M
Prev Year: 272.00M
YoY: -2.6%
Interest Expense
246.00M
Prev Year: 259.00M
YoY: -5.0%
Net Interest Income
19.00M
Prev Year: 13.00M
YoY: +46.2%
EBIT
2.55B
Prev Year: 2.54B
YoY: +0.6%
EBITDA
2.96B
Prev Year: 2.86B
YoY: +3.5%
Reconciled Cost of Revenue
2.79B
Prev Year: 2.58B
YoY: +8.2%
Reconciled Depreciation
407.00M
Prev Year: 324.00M
YoY: +25.6%
Net Income from Continuing Operation Net Minority Interest
2.00B
Prev Year: 1.98B
YoY: +0.8%
Total Unusual Items Excluding Goodwill
11.00M
Prev Year: -53.00M
YoY: +120.8%
Total Unusual Items
11.00M
Prev Year: -53.00M
YoY: +120.8%
Normalized EBITDA
2.95B
Prev Year: 2.91B
YoY: +1.2%
Values in USD

eBay key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$11.1B$10.3B$10.1B$9.8B$10.4B
Gross profit$7.9B$7.4B$7.3B$7.1B$7.8B
Operating income$2.3B$2.3B$1.9B$2.4B$2.9B
Net income$2.0B$2.0B$2.8B-$1.3B$13.6B
Diluted EPS$4.34$3.94$5.19-$2.27$20.54
Total assets$17.6B$19.4B$21.6B$20.9B$26.6B
Total liabilities$13.0B$14.2B$15.2B$15.7B$16.8B
Shareholders' equity$4.6B$5.2B$6.4B$5.2B$9.8B
Cash and short-term investments$2.9B$5.9B$9.0B$7.5B$7.3B
Total debt$7.2B$7.9B$8.2B$9.4B$9.4B
Operating cash flow$2.0B$2.4B$2.4B$2.3B$2.7B
Capital spending$525.0M$458.0M$456.0M$449.0M$444.0M
Free cash flow$1.4B$2.0B$2.0B$1.8B$2.2B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was eBay's revenue in fiscal year 2025?

$11.10 billion, up 7.9% from $10.28 billion in fiscal year 2024.

How much profit does eBay make?

eBay reported net income of $2.03 billion for fiscal year 2025 (18.3% of revenue); operating income was $2.28 billion.

How much cash and debt does eBay have?

At the end of fiscal year 2025: cash and short-term investments of $2.92 billion and total debt of $7.18 billion.

What is eBay's free cash flow?

$1.43 billion in fiscal year 2025 (operating cash flow of $1.96 billion minus capital spending of $525.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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