Ebay first-quarter revenue rises 19% to $3.09 billion as profit increases
Updated
Updated · The Wall Street Journal · Apr 29
Ebay first-quarter revenue rises 19% to $3.09 billion as profit increases
11 articles · Updated · The Wall Street Journal · Apr 29
Ebay reported a profit of $512 million and gross merchandise volume of $22.2 billion in Q1 2026, with adjusted earnings per share at $1.66.
Growth was driven by strong demand for collectibles, motors, electronics, and fashion, outperforming analyst estimates for both revenue and earnings.
Despite robust Q1 results, eBay's stock fell earlier due to disappointing Q2 guidance; the company also announced plans to acquire Depop to expand its secondhand fashion market presence.
Why does eBay predict a sales drop after a record-breaking quarter?
Can eBay's $1.2 billion Depop purchase successfully capture the Gen Z market?
Will eBay's big bet on AI and live shopping actually pay off?
With rivals like Temu and Shein, is eBay's high-end focus enough?
Is eBay's 'recommerce' pivot leaving its traditional business sellers behind?