eBay Inc.
eBay Reports Strong Q1 2026 Results and Announces Acquisition of Depop
Summary
eBay Inc. reported strong financial results for the first quarter of 2026, with revenue of $3.1 billion, up 19% year-over-year, and Gross Merchandise Volume (GMV) of $22.2 billion, up 18% year-over-year. The company also announced a definitive agreement to acquire Depop, a leading C2C fashion marketplace, for approximately $1.2 billion in cash. Additionally, eBay's Audit Committee declared a second quarter 2026 cash dividend of $0.31 per share, payable on June 12, 2026.
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About eBay Inc.
eBay Inc. operates as a global e-commerce platform, offering a vast marketplace for buyers and sellers to trade a diverse array of goods and services. Established in 1995 and headquartered in San Jose, California, eBay facilitates consumer-to-consumer and business-to-consumer sales through its website. The platform's auction-style sales and Buy It Now options provide flexible purchasing methods for consumers across various product categories, including electronics, fashion, collectibles, home, and garden. eBay's business model is bolstered by its payment service and advertising opportunities, which enhance user experience and engagement. Operating on a global scale, eBay caters to an international audience, supporting multiple languages and currencies to expand its market reach. As a pioneer in online commerce, eBay continues to play a significant role in shaping the digital marketplace, providing a dynamic environment for cross-border trade and fostering small and medium-sized enterprise growth. Its influence spans numerous sectors, impacting retailers, local artisans, and multinational brands alike, making it a cornerstone in the e-commerce landscape.
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