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 29 h ago 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

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	FCF	Total debt	Cash
2025	$11.1B	$2.0B	71.5%	20.5%	$1.4B	—	$1.9B
2024	$10.3B	$2.0B	72.0%	22.5%	$2.0B	—	$2.4B
2023	$10.1B	$2.8B	72.0%	19.2%	$2.0B	$7.7B	$2.0B
2022	$9.8B	-$1.3B	72.6%	24.0%	$1.8B	$8.9B	$2.2B
2021	$10.4B	$13.6B	74.6%	28.1%	$2.2B	$9.1B	$1.4B
2020	$8.9B	$5.7B	79.8%	29.6%	$2.0B	$7.7B	$1.1B
2019	$7.4B	$1.8B	78.7%	23.8%	$2.6B	$7.8B	$901M
2018	$8.7B	$2.5B	76.6%	20.3%	$2.0B	$9.2B	$2.2B
2017	$9.9B	-$1.0B	77.6%	22.8%	$2.5B	$10.0B	$2.1B
2016	$9.3B	$7.3B	78.4%	25.0%	$2.2B	$9.0B	$1.8B
2015	—	$1.7B	—	—	$3.4B	$6.7B	$1.8B
2014	—	$46M	—	—	$5.1B	$7.6B	$4.1B
2013	—	$2.9B	—	—	$4.3B	$4.1B	$2.8B
2012	—	$2.6B	—	—	$2.6B	$4.5B	$6.8B
2011	—	$3.2B	—	—	$2.3B	$2.1B	$4.7B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
Mar '26	$3.1B	$512M	74.0%	19.8%	$897M	—	$2.9B
Dec '25	$3.0B	$528M	71.4%	20.3%	$466M	—	$1.9B
Sep '25	$2.8B	$632M	70.9%	20.4%	—	—	$2.4B
Jun '25	$2.7B	$368M	71.6%	17.7%	—	—	$2.1B
Mar '25	$2.6B	$499M	73.0%	23.6%	$644M	—	$3.0B
Dec '24	$2.6B	$679M	72.2%	21.1%	$560M	—	$2.4B
Sep '24	$2.6B	$634M	71.8%	23.1%	$646M	—	$1.6B
Jun '24	$2.6B	$224M	71.4%	21.3%	$278M	—	$2.0B
Mar '24	$2.6B	$438M	72.6%	24.7%	$472M	—	$2.1B
Dec '23	$2.6B	$724M	72.3%	16.0%	-$4M	$7.7B	$2.0B
Sep '23	$2.5B	$1.3B	71.8%	18.2%	$777M	—	$2.5B
Jun '23	$2.5B	$171M	71.7%	20.4%	$488M	—	$2.3B
Mar '23	$2.5B	$567M	72.1%	22.2%	$709M	—	$2.1B
Dec '22	$2.5B	$672M	72.9%	22.5%	$531M	$8.9B	$2.2B
Sep '22	$2.4B	-$69M	72.8%	23.9%	$627M	—	$2.0B
Jun '22	$2.4B	-$531M	72.6%	21.7%	$117M	—	$1.7B
Mar '22	$2.5B	-$1.3B	72.3%	27.9%	$530M	—	$1.8B
Dec '21	$2.6B	$2.0B	73.4%	26.3%	$190M	$9.1B	$1.4B
Sep '21	$2.5B	$264M	72.9%	26.5%	$96M	—	$1.2B
Jun '21	$2.7B	$10.7B	74.8%	27.4%	$968M	—	$2.1B

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 6.6× (Jan '24) to 23.6× (Jun '26).
The price-to-sales ratio has risen from 2.0× (Mar '23) to 4.3× (Jun '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.1% (Jun '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?

As of Jun '26, eBay Inc. traded at a price-to-earnings ratio of about 23.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.