EBAY Financials eBay Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has grown 4.5% per year over the past 5 years.
Net income has grown slower than revenue (-18.6% vs 4.5% per year).
Operating margin has contracted, at 20.5% in the latest year.
Free cash flow has declined 6.0% per year over the past 5 years.

Financial health

Total debt has grown slower than revenue (-3.5% vs 4.5% per year).
Operating income covered interest expense 9.3× in the latest year.

Shareholder returns

Dividends have been paid for 7 consecutive years, consuming 26.1% of earnings and 37.0% of free cash flow.
The dividend has grown 3.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$11.1B	$2.0B	71.5%	20.5%	45.3%	11.6%	$1.4B	—	$1.9B
2024	$10.3B	$2.0B	72.0%	22.5%	38.3%	10.2%	$2.0B	—	$2.4B
2023	$10.1B	$2.8B	72.0%	19.2%	43.3%	12.8%	$2.0B	$7.7B	$2.0B
2022	$9.8B	-$1.3B	72.6%	24.0%	-24.6%	-6.1%	$1.8B	$8.9B	$2.2B
2021	$10.4B	$13.6B	74.6%	28.1%	139.2%	51.1%	$2.2B	$9.1B	$1.4B
2020	$8.9B	$5.7B	79.8%	29.6%	159.1%	29.3%	$2.0B	$7.7B	$1.1B
2019	$7.4B	$1.8B	78.7%	23.8%	62.2%	9.8%	$2.6B	$7.8B	$901M
2018	$8.7B	$2.5B	76.6%	20.3%	40.3%	11.1%	$2.0B	$9.2B	$2.2B
2017	$9.9B	-$1.0B	77.6%	22.8%	-12.6%	-3.9%	$2.5B	$10.0B	$2.1B
2016	$9.3B	$7.3B	78.4%	25.0%	69.0%	30.5%	$2.2B	$9.0B	$1.8B
2015	—	$1.7B	—	—	26.2%	9.7%	$3.4B	$6.7B	$1.8B
2014	—	$46M	—	—	0.2%	0.1%	$5.1B	$7.6B	$4.1B
2013	—	$2.9B	—	—	12.1%	6.9%	$4.3B	$4.1B	$2.8B
2012	—	$2.6B	—	—	12.5%	7.0%	$2.6B	$4.5B	$6.8B
2011	—	$3.2B	—	—	18.0%	11.8%	$2.3B	$2.1B	$4.7B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$3.2B	$497M	72.3%	19.2%	11.3%	2.8%	$749M	—	$1.2B
Jun '26	$3.1B	$550M	73.5%	21.6%	11.8%	3.1%	$300M	—	$2.3B
Mar '26	$3.1B	$512M	74.0%	19.8%	11.6%	2.9%	$897M	—	$2.9B
Dec '25	$3.0B	$528M	71.4%	20.3%	11.8%	3.0%	$466M	—	$1.9B
Sep '25	$2.8B	$628M	71.8%	20.2%	13.7%	3.5%	$765M	—	$2.4B
Jun '25	$2.7B	$364M	72.5%	17.5%	7.9%	2.0%	-$441M	—	$2.1B
Mar '25	$2.6B	$499M	73.0%	23.6%	10.3%	2.6%	$644M	—	$3.0B
Dec '24	$2.6B	$679M	72.2%	21.1%	13.2%	3.5%	$560M	—	$2.4B
Sep '24	$2.6B	$634M	71.8%	23.1%	11.7%	3.2%	$646M	—	$1.6B
Jun '24	$2.6B	$224M	71.4%	21.3%	4.1%	1.1%	$278M	—	$2.0B
Mar '24	$2.6B	$438M	72.6%	24.7%	7.0%	2.0%	$472M	—	$2.1B
Dec '23	$2.6B	$724M	72.3%	16.0%	11.3%	3.3%	-$4M	$7.7B	$2.0B
Sep '23	$2.5B	$1.3B	71.8%	18.2%	22.1%	6.2%	$777M	—	$2.5B
Jun '23	$2.5B	$171M	71.7%	20.4%	3.2%	0.9%	$488M	—	$2.3B
Mar '23	$2.5B	$567M	72.1%	22.2%	10.5%	2.8%	$709M	—	$2.1B
Dec '22	$2.5B	$672M	72.9%	22.5%	13.0%	3.2%	$531M	$8.9B	$2.2B
Sep '22	$2.4B	-$69M	72.8%	23.9%	-1.4%	-0.4%	$627M	—	$2.0B
Jun '22	$2.4B	-$531M	72.6%	21.7%	-10.1%	-2.7%	$117M	—	$1.7B
Mar '22	$2.5B	-$1.3B	72.3%	27.9%	-19.0%	-5.8%	$530M	—	$1.8B
Dec '21	$2.6B	$2.0B	73.4%	26.3%	20.1%	7.4%	$190M	$9.1B	$1.4B

Valuation over time

How the market has priced EBAY against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 6.5× (Jan '24) to 25.6× (Nov '26).
The price-to-sales ratio has risen from 2.0× (Mar '23) to 4.7× (Nov '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is EBAY growing its revenue and profit?

Over the past 5 years, eBay Inc.'s revenue has grown 4.5% per year, and net income declined 18.6% per year. These are computed facts, not advice.

How much debt does EBAY have?

As of FY2025, eBay Inc. reported — of total debt against $1.9B of cash; operating income covered interest expense 9.3×.

What is EBAY's profit margin?

In FY2025, gross margin was 71.5%, operating margin 20.5%, and net margin 18.3%.

What is EBAY's P/E ratio?

eBay Inc.'s P/E (TTM) is 24.95 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the EBAY stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 25.6× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.