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eBay EBAY Net margin

Net margin at other companies

Walmart
 logo
Walmart WMT
3.1%+0.4pp
Amazon logo
AmazonAMZN
10.6%+0.5pp
Shopify logo
ShopifySHOP
10.8%-6.4pp
Mercado Libre logo
Mercado LibreMELI
6%-3.2pp
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
15%+0.7pp
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
22.2%-0.4pp

Other financials

Income statement

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Revenue$3.1B+19.5%
Gross profit$2.3B+21.1%
Operating income$611.0M0.0%
Net income$512.0M+2.6%
EPS (diluted)$1.12+6.7%

Balance sheet

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Cash & equivalents$4.2B+1.9%
Total debt$8.0B+4.6%
Total equity$4.4B-8.6%
Total assets$17.9B-5.6%

Cash flow

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Operating cash flow$969.0M+28.3%
CapEx$72.0M-35.1%
Free cash flow$897.0M+39.3%

Valuation

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Market cap$47.9B+29.2%
Enterprise value$51.62B+27.1%
P/E23.5×+5.3×
P/S4.1×+0.5×

Profitability

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Gross margin72%-0.1pp
Operating margin19.6%-2.7pp

Returns & leverage

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Return on equity44.2%+7.5pp
Debt / equity1.8×+0.2×
Current ratio1.2×+0.1×

Where this comes from

Calculated from eBay’s reported figures.

Based on trailing twelve months.

The official record: eBay’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is eBay's net margin?
eBay (EBAY) reported net margin of 17.6% in Q1 2026.
How has eBay's net margin changed year-over-year?
eBay's net margin decreased by 11.0% year-over-year, from 19.7% to 17.6%.
What is the long-term trend for eBay's net margin?
Over 2 years (2021 to 2025), eBay's net margin has grown at a -56.1% compound annual growth rate (CAGR), from 410.1% to 79.2%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.