EB
EBAY
Year ended Dec 31, 2025 · FY2025 10-K

eBay (EBAY) 10-K Summaries & Annual Filing History

Review eBay Inc. (EBAY) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

eBay Inc. operates Marketplace platforms. The filing reports annual revenue growth, positive operating income and net income, but operating cash flow declined due to higher income tax payments.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$11.1B

Revenue reported for the fiscal year.

Operating income

$2.3B

Income from operations reported for the year.

Net income

$2B

Net income reported for the year.

Operating cash flow

$2B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$9.8B-6.0%
Dec 31, 2023$10.1B+3.2%
Dec 31, 2024$10.3B+1.7%
Dec 31, 2025$11.1B+7.9%

Business overview

The company's business is described in Item 1 of the filing, which references its Marketplace platforms. The liquidity discussion indicates that cash receipts come from customers on these platforms.

Financial performance

Revenue increased compared to the prior year. Operating income and net income were positive. Operating cash flow decreased from the previous year, primarily due to a significant increase in income tax payments.

Material risks

The filing references risk factors in Item 1A, but the supplied text does not include their content. No specific risks are detailed in the provided context.

Liquidity and capital

Operating cash flows and proceeds from investment maturities and sales provided liquidity. Cash used in financing activities exceeded operating cash flow, resulting in a net decrease in cash.

What to watch

Monitor the trend in operating cash flow, as the filing notes that higher income tax payments contributed to its decline.