eBay Inc. Reports Strong Financial Results for Q3 2025
On October 29, 2025, eBay Inc., a prominent player in global online commerce, announced its financial results for the third quarter ending September 30, revealing a robust performance that showcases the company's commitment to innovation and growth. The e-commerce giant reported total revenue of $2.8 billion, an increase of 9% compared to the same quarter last year, and an 8% rise on a foreign exchange-neutral basis. Gross Merchandise Volume (GMV), the total value of all transactions made on the platform, reached $20.1 billion, marking a ten percent year-over-year growth.
Key Highlights of the Quarter
CEO Jamie Iannone expressed confidence in the company's direction, commenting, “Q3 was another strong quarter for eBay, reflecting continued momentum across our marketplace and disciplined execution of our strategy.” eBay's focus on enhancing user experience through artificial intelligence, live commerce, and sustainable fashion initiatives has evidently resonated with consumers and sellers alike.
Financial highlights from the latest earnings report include:
- - Overall Revenue: $2.8 billion
- - GMV: $20.1 billion
- - GAAP Earnings per Share (EPS): $1.28
- - Non-GAAP EPS: $1.36
- - GAAP Operating Margin: 20.4%
- - Returned Capital to Stockholders: $757 million, including share buybacks and dividends
Celebrating 30 Years of eBay
This quarter was particularly significant for eBay as it marked its 30th anniversary. Celebrations included several high-profile events, such as launching an immersive '95 Shop experience and ringing the Nasdaq opening bell in New York City. Events worldwide highlighted eBay’s role in empowering entrepreneurs and fostering the circular economy, driving innovation in online marketplaces.
As part of its anniversary activities, eBay hosted the eBay OPEN25 event across the U.S., U.K., and Germany, introducing new features geared towards easing the selling process and improving profitability. Innovative elements included embedded offer-making and AI-powered messaging support, aimed at enhancing seller protection and simplifying the overall selling experience.
Innovations and Strategic Initiatives
The quarter also saw eBay expand its initiatives in various verticals. The
eBay Endless Runway program showcased pre-loved fashion in collaboration with top designers, streaming events from major fashion cities including New York and Paris, to further emphasize the brand's commitment to sustainability.
The company's
Authenticity Guarantee program now extends to 70 luxury brands in the U.K., ensuring high-quality products are verified for authenticity. Additionally, eBay partnered with Marks & Spencer to launch a dedicated online resale service, enabling customers to trade pre-loved items, enhancing the platform’s role in sustainable consumer practices.
eBay also enhanced its offerings for vehicle transactions with its
Secure Purchase tool, providing a streamlined buying and selling process for car enthusiasts.
One of the critical developments this quarter was eBay's acquisition of
Tise, a consumer-to-consumer social marketplace, aimed at boosting the company's connection to the younger demographics like Gen Z and Millennials.
Financial Outlook
Moving forward, eBay's management expressed optimism about sustaining growth. The company forecasts anticipated revenues between $2.83 billion and $2.89 billion for Q4 2025, with a projected GMV growth of about 4% to 6%. Iannone and CFO Peggy Alford emphasized the importance of maintaining operational discipline and capitalizing on their strong financial footing to accelerate strategic initiatives.
As they continue to navigate the dynamic e-commerce landscape, eBay remains committed to enhancing user experiences and expanding market opportunities while ensuring the creation of long-term shareholder value. With a quarter dedicated to reflection and celebration, eBay is set on a promising path as it innovates and reshapes the future of commerce in a digitally driven world.