Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Marketing spend outran revenue, squeezing operating profit
Selling costs grew far faster than sales, so operating income rose only 7.9% on 13.7% revenue growth.
For investorsWhat eBay's profit depends on from here
For foundersHow eBay pays to add a new side of its market
Pre-tax profit rose, but a tax charge replaced last year's benefit, so net income fell while operations improved.
Take rate slipped from 14.03% as live and casual selling grew fastest, with advertising the main offset.
eBay earns a cut of what strangers trade, so it needs little capital and keeps most revenue as gross profit.
Unlock the financial breakdown, competitive insights, historical trends and founder playbook, plus research across the company library.
Free CXProWealth membership required
Business Lens describes eBay from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
