eBay Q3 FY25: where the revenue came from and where it went
The whole income statement of eBay for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 30, 2025
Revenue$2.82B
+9% year over year
Gross profit$2.00B
71% margin
Operating profit$0.58B
20% margin
Net profit$0.63B
22% margin
Net profit is larger than what operations earned, because the statement adds $0.06B below it, under Tax benefit and other.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.82 | 100% | +9% |
| Marketplace | 2.30 | 81% | +6% |
| Advertising | 0.53 | 19% | +29% |
| Cost of revenue | −0.82 | 29% | |
| Gross profit | 2.00 | 71% margin | −1pp |
| R&D | −0.42 | 15% | +0pp |
| Sales & marketing | −0.61 | 21% | −1pp |
| G&A | −0.28 | 10% | +2pp |
| Other | −0.11 | 4% | +0pp |
| Operating profit | 0.58 | 20% margin | −3pp |
| Tax benefit and other | 0.06 | ||
| Net profit | 0.63 | 22% margin | −2pp |
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