eBay's second quarter revenue and EPS beat estimates, driven by 15% GMV growth.

eBay reported second quarter 2026 revenue of $3.13 billion, up 15% year-over-year, with non-GAAP EPS of $1.60. Both figures surpassed analyst expectations, driven by strong marketplace volume growth. The company also raised its full-year outlook for revenue and earnings.

Key Highlights

• Gross Merchandise Volume (GMV) for the second quarter was $22.4 billion, an increase of 15% year-over-year and ahead of the $21.5 billion consensus estimate.
• Revenue from first-party advertising products grew 25% on an as-reported basis to $570 million, representing 2.7% of total GMV.
• The company's active buyer base grew 2% year-over-year to 136 million.
• eBay guided for third quarter revenue between $3.07 billion and $3.12 billion, with non-GAAP EPS expected to be in the range of $1.36 to $1.42.