On October 29, 2025, eBay Inc. reported robust financial results for its third quarter ended September 30, 2025, surpassing market expectations. Net revenues for Q3 2025 reached $2,820 million, marking a 9% increase year-over-year, and exceeding analysts' estimates.
Non-GAAP earnings per diluted share for the quarter were $1.36, up 14% year-over-year, beating the consensus estimate of $1.31. The online marketplace also saw a 10% increase in merchandise volume, contributing to its strong performance.
eBay provided an optimistic outlook for the fourth quarter and full year 2025. For Q4, revenue is projected between $2.83 billion and $2.89 billion, with full-year revenue expected to be between $10.97 billion and $11.03 billion, both above Street estimates. Non-GAAP EPS for the full year is guided between $5.42 and $5.47, reflecting confidence in continued strategic execution and AI-driven transformation.
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