As always I suggest everyone read Liz’s analysis @valueaddedresource and you will see the breakdown of some of the smoke and mirrors. She always does an excellent job breaking things down. If you go back to the last few quarter reports it’s their ad revenue that is keeping them alive, if they didn’t have that this company would be in trouble.
Yes, the ad revenue is basically keeping them from being eaten alive by the shareholders.
They've even resorted to the old begging discounts.
@chapeau-noir What was it, about $ 455 million?
Something like that. It's a rubber crutch, though.
@luckythewinner No, i think they're digging it out of the couch cushions.
ETA And I'm no saint in this matter, I freely admit, but I also see eBay moving to an endpoint where ad revenues won't keep them afloat any longer. Every single platform I sell on is doing the same thing.
Yes it would be quite interesting indeed to know what percentage of eBay's revenue was from promoted listing fees.
I am no expert by any means but if as a lot of people suspect including myself that the ebay 6% revenue increase was squeezed from sellers in the form of promoted listing fees however the fact that gross merchandise volume also rose 6% does not really support that idea though.
My conclusion is that either ebay actually knows what they are doing or are very good at crafting reports.
E-commerce giant eBay provided a better-than-expected forecast for the current quarter and delivered a double beat in its second-quarter earnings report, which sent its shares up nearly 10% in post-market trading on Wednesday.
For the third quarter, the company expects net revenue between $2.69B and $2.74B, ahead of the Bloomberg consensus estimate of $2.65B, and non-GAAP earnings per share of $1.29 to $1.34 (mid. $1.32, est. $1.30).
"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," CEO Jamie Iannone said.
In Q2, gross merchandise volume was $19.51B, up 6% on an as-reported basis, and ahead of the consensus estimate of $18.88B.
U.S. GMV was $9.43B, up 7.2%, and international GMV was $10.09B, up 4.8% from last year. Both were ahead of the consensus estimates of $8.96B and $9.94B, respectively.
Active buyers—buyers who paid for a transaction on the company's marketplace platforms in the past 12 months—were up 1.5% from last year at 134M, marginally below the 134.42M estimate.
Net income for the quarter was $369M, or $0.79 per share, compared to $226M, or $0.45 per share, for the same period last year.
Excluding one-time items, earnings per share from continuing operations was $1.37, beating the average analyst expectation by 7 cents.
Net revenue was up 5% at $2.73B and topped estimates of $2.64B.
eBay also declared a Q3 cash dividend of $0.29 per share, payable on September 12, to stockholders of record as of August 29.
bdmh-enterprises
·1 year agoThis can't be true. All the other posts on this forum proclaim that eBay is dead, buyers and sellers are leaving in droves ect...
redlinear
·1 year agoBut is the increased revenue due to sales, or adds and gimmicks?
blacktopautoparts
·1 year agoAs always I suggest everyone read Liz’s analysis @valueaddedresource and you will see the breakdown of some of the smoke and mirrors. She always does an excellent job breaking things down. If you go back to the last few quarter reports it’s their ad revenue that is keeping them alive, if they didn’t have that this company would be in trouble.
https://www.valueaddedresource.net/ebay-q2-2025-earnings/
chapeau-noir
·1 year agoYes, the ad revenue is basically keeping them from being eaten alive by the shareholders.
They've even resorted to the old begging discounts.
mr_lincoln
·1 year ago@chapeau-noir What was it, about $ 455 million?
chapeau-noir
·1 year agoSomething like that. It's a rubber crutch, though.
@luckythewinner No, i think they're digging it out of the couch cushions.
ETA And I'm no saint in this matter, I freely admit, but I also see eBay moving to an endpoint where ad revenues won't keep them afloat any longer. Every single platform I sell on is doing the same thing.
luckythewinner
·1 year agoAnother way of looking at it - the fact that sellers continue to pay ad fees indicates that eBay was leaving money on the table. 🤔
redlinear
·1 year agoI've run the numbers.
It's all due to my promotion %
mooncat_watches
·1 year agoYes it would be quite interesting indeed to know what percentage of eBay's revenue was from promoted listing fees.
my-cottage-books-and-antiques
OP1 year agoI don't have time to look at that, but I believe eBay does provide a breakdown of that.
bashort
·1 year agoI am no expert by any means but if as a lot of people suspect including myself that the ebay 6% revenue increase was squeezed from sellers in the form of promoted listing fees however the fact that gross merchandise volume also rose 6% does not really support that idea though.
My conclusion is that either ebay actually knows what they are doing or are very good at crafting reports.
Either way ebay as a company is doing well.
buyselljack2016
·1 year agoAnd here I am disappointed to find that it was you😞
I thought it was all because I did not use as much time away as I usually do and caused the better-than-expected results.
my-cottage-books-and-antiques
OP1 year agoebay's Q2 report has resulted in quite a bump for ebay's share price. This might not last, but at the moment I write this, ebay is trading at $91.50:
https://finance.yahoo.com/quote/EBAY/
my-cottage-books-and-antiques
OP1 year agoA summary here:
E-commerce giant eBay provided a better-than-expected forecast for the current quarter and delivered a double beat in its second-quarter earnings report, which sent its shares up nearly 10% in post-market trading on Wednesday.
For the third quarter, the company expects net revenue between $2.69B and $2.74B, ahead of the Bloomberg consensus estimate of $2.65B, and non-GAAP earnings per share of $1.29 to $1.34 (mid. $1.32, est. $1.30).
"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," CEO Jamie Iannone said.
In Q2, gross merchandise volume was $19.51B, up 6% on an as-reported basis, and ahead of the consensus estimate of $18.88B.
U.S. GMV was $9.43B, up 7.2%, and international GMV was $10.09B, up 4.8% from last year. Both were ahead of the consensus estimates of $8.96B and $9.94B, respectively.
Active buyers—buyers who paid for a transaction on the company's marketplace platforms in the past 12 months—were up 1.5% from last year at 134M, marginally below the 134.42M estimate.
Net income for the quarter was $369M, or $0.79 per share, compared to $226M, or $0.45 per share, for the same period last year.
Excluding one-time items, earnings per share from continuing operations was $1.37, beating the average analyst expectation by 7 cents.
Net revenue was up 5% at $2.73B and topped estimates of $2.64B.
eBay also declared a Q3 cash dividend of $0.29 per share, payable on September 12, to stockholders of record as of August 29.