eBay Q4 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
- Oct 1 – Dec 31, 2025
- Reported
- Feb 19, 2026
Revenue$2.97B
+15% year over year
Gross profit$2.09B
70% margin
Operating profit$0.61B
20% margin
Net profit$0.53B
18% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.97 | 100% | +15% |
| Marketplace | 2.42 | 82% | +13% |
| Advertising | 0.54 | 18% | +22% |
| Cost of revenue | −0.88 | 30% | |
| Gross profit | 2.09 | 70% margin | −2pp |
| R&D | −0.41 | 14% | −1pp |
| Sales & marketing | −0.67 | 22% | −1pp |
| G&A | −0.28 | 10% | +0pp |
| Other | −0.13 | 4% | +0pp |
| Operating profit | 0.61 | 20% margin | −1pp |
| Other income, net | 0.03 | ||
| Tax | −0.10 | ||
| Net profit | 0.53 | 18% margin | −8pp |
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