eBay (EBAY) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter declined slightly from the immediately preceding period but rose compared with the same quarter one year earlier. The trailing twelve-month revenue total remained broadly stable.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter declined slightly from the immediately preceding period but rose compared with the same quarter one year earlier. The trailing twelve-month revenue total remained broadly stable.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $2.5B | +4.9% |
| Sep 30, 2023 | $2.5B | +5.0% |
| Dec 31, 2023 | $2.6B | +2.1% |
| Mar 31, 2024 | $2.6B | +1.8% |
Revenue performance
The reported revenue decreased modestly on a sequential basis, marking a departure from the prior quarter's outcome. On an annual comparison, however, revenue showed an improvement.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was slightly lower. Compared with the same quarter a year ago, revenue was higher.
What to watch
The slight sequential decline comes after a period of steady sequential growth, warranting attention to whether this trend persists.