eBay reports stellar start to 2026
The Western world’s biggest pre-owned platform, eBay, has reported its financial results for Q1 of this year, with revenue up 19% on the same period in 2025.
Its sales were $3.1 billion, compared with $2.6 billion in Q1 last year, which represents an increase of 17% even on anFX-Neutral basis (which assumes non-fluctuating exchange rates).
“eBay’s first quarter results marked a strong start to the year,” said the company’s CEO Jamie Iannone. “We accelerated GMV growth and delivered performance ahead of expectations. Our Focus Categories, C2C, and recommerce strategic priorities are driving broad-based momentum, and strengthening our position as the marketplace of choice for enthusiasts.
“We are building on the momentum we initially created by enhancing trust across high ASP [average selling price] categories like watches, handbags, jewelry, sneakers, and streetwear through Authenticity Guarantee.
“We’re also seeing continued strength in eBay Live as it scales globally and brings new energy to how buyers and sellers connect,” Iannone continued on LinkedIn. “And AI is continuing to transform core experiences across our platform, creating a more intuitive and efficient experience for both buyers and sellers.
“I’m encouraged by the progress we’ve made and the pace at which our teams are executing. We’re focused on building a more relevant, trusted, and engaging marketplace for our global community — and we’re well positioned for the year ahead.”
Gross Merchandise Volume (GMV) — the total value of sales from everything sold on the platform — in Q1 was an eye-watering $22.2 billion, up 18% on an as-reported basis and up 14% on an FX-Neutral basis.
“Our strong first quarter results, characterized by robust GMV and revenue growth, along with healthy earnings, reflect the powerful operating leverage inherent in our business,” said eBay’s CFO Peggy Alford. “We remain committed to disciplined execution of our strategic priorities while continuing to allocate capital thoughtfully to drive long-term value and significant returns for our shareholders.”
