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.”