🔹 Adj. EPS: $1.25 (Est. $1.20) 🟢
🔹 Revenue: $2.6B (Est. $2.58B) 🟢; UP +1% YoY
🔹 GMV: $19.32B (Est. $19.07B) 🟢; UP +4% YoY
Q1'25 Guidance
🔹 Revenue: $2.52B-$2.56B (Est. $2.6B) 🔴
🔹 GMV: $18.3B-$18.6B; FX-Neutral Growth: 0% to +1%
🔹 Adj. EPS: $1.32-$1.36
Segment Performance
🔹 Non-GAAP Operating Margin: 27.0% (Prev. 26.7%) 🟡
🔹 Free Cash Flow: $560M
🔹 Operating Cash Flow: $677M
Capital Returns & Financial Position
🔹 Stock Buybacks: $900M (14M shares repurchased)
🔹 Dividends Paid: $128M
🔹 Cash & Equivalents: $7.2B
Business Highlights
🔸 eBay expanded AI-powered bulk listing tools across all U.S. categories
🔸 Introduced Klarna 'Buy Now, Pay Later' in multiple European markets
🔸 Ad Revenue: $445M; First-party ads: $434M (+18% YoY)
🔸 Eliminated fees for U.K. C2C sellers across all categories (excl. vehicles)
Strategic & ESG Updates
🔸 Sourced 100% renewable energy for offices & data centers in 2024
🔸 Set 2045 net-zero carbon target, validated by SBTi
🔸 Raised $192M through eBay for Charity, UP +18% YoY
CEO Jamie Iannone Commentary
🔸 "eBay achieved three consecutive quarters of GMV growth, reinforcing our vision to reinvent the future of e-commerce for enthusiasts."
CFO Steve Priest Commentary
🔸 "We met or exceeded expectations across key financial metrics and have a strong foundation for sustainable, long-term growth."