eBay reported second-quarter 2026 results that exceeded consensus expectations, with gross merchandise volume growing 14% year over year to $22.4 billion and revenue also up 14% to $3.13 billion. Non-GAAP operating income rose 16% to $893 million, and non-GAAP earnings per share increased 17% to $1.60. The company completed its acquisition of Depop for $1.4 billion in cash, reflecting the purchase price of $1.2 billion and approximately $200 million of net purchase price adjustments. Strategic priorities including focused categories, consumer-to-consumer, and recommerce each grew over 20% and now represent more than 70% of total GMV. eBay raised its full-year GMV growth outlook to between 11.5% and 12.5% on an FX-neutral basis, while expecting Depop to be roughly a 2-percentage-point headwind to consolidated non-GAAP operating income growth.
eBay IncQ2 earnings beat with 14% GMV growth and raised full-year outlook
Salesforce.com IncAcquired by eBay for $1.4 billion cash, reflecting purchase price and adjustments
