eBay Q2 Earnings Call Highlights

eBay Q2 Earnings Call Highlights Written by MarketBeat August 5, 2026 Add As Preferred Source Share Share Share This Article Link copied to clipboard. Close Image from MarketBeat Media, LLC. Key Points eBay exceeded second-quarter expectations: Organic, FX-neutral GMV rose 14% to $22.4 billion, revenue increased 14% to $3.13 billion, and non-GAAP EPS grew 17% to $1.60. Focused categories, consumer-to-consumer sales and recommerce each grew more than 20%. Growth initiatives expanded: Focused-category GMV increased 26% and surpassed 40% of total GMV, while eBay Live GMV grew roughly eightfold year over year. The $1.4 billion Depop acquisition strengthens eBay’s fashion and younger-consumer strategy but is expected to weigh on third-quarter earnings growth. Full-year guidance was raised: eBay now expects 11.5%–12.5% FX-neutral GMV growth, 11%–12% revenue growth and 10%–12% growth in both non-GAAP operating income and EPS. Interested in eBay? Here are five stocks we like better . GameStop’s $2 Billion Buyback Sends a Confusing Signal to Investors e Bay NASDAQ: EBAY reported second-quarter results that exceeded its guidance ranges and consensus expectations, driven by growth in focused categories, consumer-to-consumer sales, recommerce and newer initiatives including eBay Live, vehicles and shipping. Gross merchandise volume, or GMV, increased 14% year over year on an organic, foreign-exchange-neutral basis to $22.4 billion, while revenue rose 14% to $3.13 billion. Non-GAAP operating income increased 16% to $893 million, and non-GAAP earnings per share grew 17% to $1.60. Get eBay alerts: Sign Up Recession Indicator: eBay's Stock Is Up More Than 50% Over the Past Year Chief Executive Officer Jamie Iannone said the company’s focused categories, C2C business and recommerce offerings—which include pre-owned and refurbished goods—each grew more than 20% during the quarter. Together, those priorities accounted for more than 70% of total GMV. Focused Categories Drive Marketplace Growth Focused-category GMV rose 26% in the second quarter and surpassed 40% of eBay’s total GMV for the first time. Collectibles, motors, fashion and refurbished goods all contributed to the increase. GameStop's eBay Gamble: Bold Move or Balance Sheet Disaster? Collectibles benefited from continued demand for trading cards, particularly basketball cards during the NBA Finals and soccer cards around the FIFA World Cup, Iannone said. The company expanded its Authenticity Guarantee for trading cards to the United Kingdom, its first expansion of that service in the category outside North America. Its AI-powered card-scanning tool has now exceeded 80 million cumulative scans. eBay Motors contributed nearly two percentage points of GMV growth, according to the company. The business includes both parts and accessories as well as vehicles, with parts and accessories representing the larger, more established portion. In the U.K., eBay launched free and easier returns for auto parts, while Canada received eBay Guaranteed Fit and automated fitment capabilities for sellers. Vehicle GMV also continued to scale, particularly among C2C sellers and smaller dealers. The company launched native vehicle listings in its mobile app and said automation around title, VIN and odometer verification helped reduce the average time to vehicle pickup to roughly four days from more than two weeks. Fashion GMV grew, led by luxury and pre-loved inventory. eBay expanded Authenticity Guarantee coverage to more than 100 apparel, footwear and accessory brands in the U.S. and U.K. and extended jewelry eligibility to items sourced from greater China. Depop Acquisition Expands C2C Fashion Strategy On July 30, eBay completed its acquisition of fashion marketplace Depop for $1.4 billion in cash, including a $1.2 billion purchase price and approximately $200 million of net purchase-price adjustments. The adjustments mainly reflected investments made by Etsy and Depop before the transaction closed. Iannon...