Filing Flows › eBay (EBAY) › Q3 2026 › vs Q2 2026
eBay (EBAY) Q3 2026 vs Q2 2026 (quarter over quarter)
eBay's revenue rose $72.0M (+2%) from $3.1B in Q2 2026 to $3.2B in Q3 2026. The biggest changes: Marketplace revenues +$61.0M (+2%); Advertising revenues +$11.0M (+2%). Gross margin 72.3% against 73.5% (-1.1 pts).
eBay, Q3 2026: revenue $3.2B (+14% year over year), operating margin 19.2%, net earnings $497M, operating cash flow $875M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 72.3% | 73.5% | -1.1 pts |
| Operating margin | 19.2% | 21.6% | -2.4 pts |
| Net margin | 15.5% | 17.5% | -2.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Marketplace revenues | $2.6B | $2.5B | $61.0M | +2% |
| Advertising revenues | $607M | $596M | $11.0M | +2% |
| Revenue | $3.2B | $3.1B | $72.0M | +2% |
| Gross profit | $2.3B | $2.3B | $17.0M | +0.7% |
| Cost of revenue | $887M | $832M | $55.0M | +7% |
| Operating profit | $616M | $676M | −$60.0M | -9% |
| Operating expenses | $1.7B | $1.6B | $77.0M | +5% |
| Pre-tax earnings | $601M | $663M | −$62.0M | -9% |
| Other expense, net | $15.0M | $13.0M | $2.0M | +15% |
| Research & development | $517M | $484M | $33.0M | +7% |
| Sales & marketing | $747M | $697M | $50.0M | +7% |
| General & admin | $303M | $306M | −$3.0M | -1% |
| Other operating costs | $136M | $139M | −$3.0M | -2% |
| Net earnings | $497M | $550M | −$53.0M | -10% |
| Income tax | $104M | $113M | −$9.0M | -8% |
| Depreciation & amortization | $116M | $101M | $15.0M | +15% |
| Share-based compensation | $173M | $182M | −$9.0M | -5% |
| Working capital & other | $89.0M | −$310M | $399M | — |
| Operating cash flow | $875M | $523M | $352M | +67% |
Questions
How much did eBay's revenue grow quarter over quarter in Q3 2026?
eBay's revenue rose $72.0M (+2%) from $3.1B in Q2 2026 to $3.2B in Q3 2026.
What drove eBay's revenue change in Q3 2026?
Marketplace revenues +$61.0M (+2%); Advertising revenues +$11.0M (+2%).