eBay announced both revenue and sales grew 6% in the second quarter of 2025 (April, May, June). Revenue was $2.7 billion, up 6% on an as-reported basis and up 4% on an FX-Neutral basis. GMV was $19.5 billion, up 6% on an as-reported basis and up 4% on an FX-Neutral basis.
eBay ended the second quarter with 16 million “enthusiast” buyers and 134 million active buyers, which was a 1% increase from Q2 2024 (when it had 132 million active buyers).
In its earnings presentation to Wall Street investors, it said it experienced acceleration across all Focus Categories in Q2, including Collectibles – the largest contributor to GMV growth; and Motors, Parts & Accessories.
See eBay’s Q2 earnings press release which has full details.
Here’s what eBay’s top executives said in Wednesday’s press release:
Jamie Iannone, eBay CEO:
“eBay delivered another strong quarter, with results exceeding expectations across the board. Our momentum reflects the strength of our strategic execution and the resilience of our marketplace. We remain focused on driving long-term growth and creating lasting value for our shareholders.”
Peggy Alford, eBay Chief Financial Officer:
“I’m thrilled to have stepped into the role of CFO at such an exciting time for eBay, and the innovation, operational discipline and customer focus I’ve seen across the company are truly energizing. With a strong balance sheet, focused strategic priorities and a world-class team, we are well positioned to thrive in our next phase of growth. I’m committed to driving operational excellence and disciplined capital allocation to support our long-term ambitions and unlock meaningful value for our shareholders.”
To quote the famous 1960’s song by the Castaways ….
Liar, liar, pants on fire
Your nose is longer than a telephone wire
Its NOT %6, and its not Motors, and if you believe so – I have a bridge in Brooklyn thats for sale – cheap!
It grew because of eBays forced “games” on its sellers. Games like forced 30 day returns on car parts, increases in postage, shipping games and the like.
After 6+ bad (%1-2 growth) quarters, eBay needed a GOOD one to push the stock over $80 a share (what the Magician is looking towards) and POOF (ala peanut butter sandwiches) we have the one that will finish the job.
Of course you cant argue with the numbers – as eBay accountants spent millions of dollars and man hours “massaging” then to be where they need, and no one except eBay has access to the TRUE numbers so ….
God Wall Street people are dumb. Good thing they never learn (MBS’s etc) and never do anything forensic until AFTER there’s a problem
I can confidentially say “The emperor DOESN’T have new clothes”
Ask any seller how sales have been – that’s all the proof you need.
The Claman Countdown happen to be playing on the TV and they had a bit about eBay stating they were well prepared for Trump’s tariffs. The host then quoted then as saying they had moved 75% of their goods into the U.S. prior to the tariffs.
WTF? eBay sells no goods other than some supplies that are rebranded goods made by someone else that they “give away” to store owners as partial rebate on their monthly store fees.
Even for unbelievable is the reported simply reading it as fact and not questioning obvious b.s.
As Pace306 touched on…
eBay increase in sales is not due to increased users!
Its due increasing fees to its users.
Shopify started to overtake eBay several years ago within individual quarters and has since replaced them in the #2 slot behind Amazon.
How does eBay defraud its users:
FVF on shipping.
In 2010, the same year they started FVF on shipping, they also negotiated a deal with China Post and USPS for cobranded eBay labels for eBay’s Chinese vendors. This flooded the U.S. with millions of Chinese packages, on which USPS was losing money on every single one. Since the price paid to the U.S. was set by agreements through the UPU the only way USPS could compensate for these loses was raise domestic rates and in turn warn eBay more fees on shipping. eBay intentionally negotiated a deal that would cause USPS loses in order to force U.S. citizens to subsidized eBay and their Chinese vendors. This caused USPS to loose billions over Obama’s 8 years in office. Trump put an end to the subsided shipping in his firm term and has ended the practice of Chinese packages entering the U.S. without tariffs. eBay’s efforts also destroyed American jobs!
eBay stopped 30 day listing and instead forced listings that automatically renew. The sole purpose was to generate more revenue from sellers who unintentionally let listings lapse into the next month. Previously sellers did not have to worry about this as the listings would end in 30 days. Since fixed price listings also do not have a end time period this removes any motivation by the buyer to purchase an item before the listing end as many listing are simply renewed from month to month.
eBay hides listings in searches. I cannot tell you the thousands of times I’ve searched for items on eBay only to find nothing, yet the same exact searches on Google immediately find a listing on eBay.
eBay hides shipping options to buyers. I now that is true because I caught them red handed and then they lied about it.
eBay prevents fractional dimensions in the listing form and prevent third party software from submitting fractional amounts. eBay tells seller to round up dimensions, which violates USPS rules on rounding. This means package will be charged the higher Cubic rate or disqualified from Cubic rates altogether. This packages which do not qualify for the higher dimensional rates are charged anyway. In some cases the dimensional rate displayed to customer is to much higher that the rate that should be displayed the customer will never buy the item.
eBay’s offer scam!
eBay’s promotion of free shipping which generates higher costs than calculated so eBay can earn more money. It also assumed buyers are stupid and can’t sort item by total cost.
Selling of private insurance to undermine USPS profits on insurance so it has to raises rates which in turn earns eBay more money.
eBay profiteering on sales tax collection. The only legit expense they have are standard transaction fees on the sales tax. eBay’s transactions fees are ultra low versus other companies. The expense of maintaining the sales tax collection system is more than compensated by the millions of dollars eBay is making in interest of sales tax while it awaits transfer to tax authorities. Charging category fees on sales tax is profiteering and should outlawed!
These and many more eBay scams are what generates eBay revenue – not innovation and not the increase of customers!