eBay profit margin EBAY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 18.5%
- Operating margin, 12 months
- 20.5%
- Net margin on a year earlier
- −2.3 pts
- Peer median
- 5.9%
Over the twelve months to Jun 30, 2026, eBay kept 18.5% of its revenue as net profit, with an operating margin of 20.5% and a gross margin of 72.5%.
The median for 10 specialty retail stocks of a similar size is 5.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 18.2% | 20.4% | 71.9% |
| FY2024 | 19.2% | 22.5% | 72.0% |
| FY2023 | 27.4% | 19.2% | 72.0% |
| FY2022 | −13.0% | 24.0% | 72.6% |
| FY2021 | n/a | 28.1% | 74.6% |
| FY2020 | 63.7% | 30.0% | 79.8% |
| FY2019 | 20.7% | 25.2% | 75.3% |
| FY2018 | 23.5% | 20.7% | 77.8% |
| FY2017 | −10.2% | 22.8% | 77.6% |
| FY2016 | 80.9% | 25.9% | 77.6% |
| FY2015 | 20.1% | 25.6% | 79.4% |
| FY2014 | 0.5% | 38.6% | 81.1% |
| FY2013 | 17.8% | 21.0% | 68.6% |
| FY2012 | 18.5% | 20.5% | 70.0% |
| FY2011 | 27.7% | 20.4% | 70.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 18.5% | −2.3 pts | 20.5% | |
| Q1 FY26 | 17.5% | −2.2 pts | 19.5% | |
| Q4 FY25 | 18.2% | −1.0 pts | 20.4% | |
| Q3 FY25 | 20.3% | +0.6 pts | 20.6% | |
| Q2 FY25 | 20.8% | −5.6 pts | 21.3% | |
| Q1 FY25 | 19.7% | −6.2 pts | 22.3% | |
| Q4 FY24 | 19.2% | −8.2 pts | 22.5% | |
| Q3 FY24 | 19.7% | −7.3 pts | 21.3% | |
| Q2 FY24 | 26.4% | +12.9 pts | 20.1% | |
| Q1 FY24 | 26.0% | +19.5 pts | 19.8% | |
| Q4 FY23 | 27.4% | +40.3 pts | 19.2% | |
| Q3 FY23 | 27.0% | +26.7 pts | 20.8% |
Against its peers
Companies in Specialty Retail nearest eBay's size, closest first, today.
| Company | Profit margin |
|---|---|
| EBAYeBay | 18.5% |
| AZOAutoZone | 12.4% |
| ORLYO'Reilly Automotive | 14.3% |
| MELIMercadoLibre | 5.3% |
| WSMWilliams-Sonoma | 14.7% |
| ULTAUlta Beauty | 9.3% |
| CASYCasey's General Stores | 4.1% |
| CPNGCoupang | −2.2% |
| BBYBest Buy | 3.0% |
| TSCOTractor Supply | 6.4% |
| DKSDick's Sporting Goods | 4.0% |
| Peer median | 5.9% |
Where eBay ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on eBay
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.