NASDAQ$EBAY
eBay · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
eBay's Q1 2022 results exceeded expectations amidst macro headwinds.
eBay reported Q1 2022 revenue of $2.5 billion, a 6% decrease year-over-year, and a GAAP EPS of $(2.28). Despite macro headwinds, the company remains confident in its long-term strategy and focus category playbook.
- Revenue was $2.5 billion, down 6% as-reported and 5% FX-Neutral.
- Gross Merchandise Volume (GMV) was $19.4 billion, down 20% as-reported and 17% FX-Neutral.
- GAAP net loss from continuing operations was $1.3 billion, or $(2.28) per diluted share.
- Non-GAAP net income from continuing operations was $625 million, or $1.05 per diluted share.
Headline financials
Revenue & EPS history
eBay · Revenue · Quarterly
$2.48B
Revenue by segment
eBay · $366M total across 1 segment · Q3 2023
- Total Advertising$366M—100.0%
Forward guidance
eBay provided guidance for Q2 2022 with revenue between $2.35 - $2.40 billion and diluted EPS from continuing operations between $0.61 - $0.65 (GAAP) and $0.87 - $0.91 (Non-GAAP). Full year 2022 guidance includes revenue between $9.6 - $9.9 billion and diluted EPS from continuing operations between $(0.25) - $(0.05) (GAAP) and $3.90 - $4.10 (Non-GAAP).
Tailwinds
- Net Revenue Q2 2022: $2.35 - $2.40 billion
- Diluted EPS from continuing operations Q2 2022: $0.61 - $0.65
- Diluted Non-GAAP EPS Q2 2022: $0.87 - $0.91
- Net Revenue Full Year 2022: $9.6 - $9.9 billion
- Diluted Non-GAAP EPS Full Year 2022: $3.90 - $4.10
Headwinds
- Organic FX-Neutral Y/Y Growth Q2 2022: (9)% - (7)%
- Diluted GAAP EPS Full Year 2022: $(0.25) - $(0.05)
- Organic FX-Neutral Y/Y Growth Full Year 2022: (6)% - (3)%
- Macroeconomic headwinds
- GMV decline
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
-0.4%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+0.5%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+14.3%
Q4 2017
Best reaction
-13.2%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +1.4% | +5.3% | |
| Q4 2025 | -3.2% | +3.8% | +8.3% | |
| Q3 2025 | -9.9% | -17.9% | -16.8% | |
| Q2 2025 | -0.0% | +0.9% | -1.2% | |
| Q1 2025 | -0.7% | +3.2% | +7.4% | |
| Q4 2024 | -8.2% | -3.6% | -2.9% | |
| Q3 2024 | -8.4% | -4.0% | +0.8% | |
| Q2 2024 | +1.5% | -1.3% | +6.7% | |
| Q1 2024 | -4.2% | -4.2% | +5.2% | |
| Q4 2023 | +9.1% | +9.5% | +20.3% | |
| Q3 2023 | -1.0% | -1.3% | +2.8% | |
| Q2 2023 | -9.6% | -7.9% | -9.8% | |
| Q1 2023 | +3.5% | +3.7% | +0.8% | |
| Q4 2022 | -5.3% | -4.4% | -10.9% | |
| Q3 2022 | -2.5% | +1.9% | +13.5% | |
| Q2 2022 | -1.2% | -1.7% | -8.9% | |
| Q1 2022 | -10.1% | -7.9% | -11.9% | |
| Q4 2021 | +0.5% | -1.0% | +4.1% | |
| Q3 2021 | -7.8% | -2.8% | -7.7% | |
| Q2 2021 | +2.3% | +11.8% | +7.8% | |
| Q1 2021 | -9.1% | -5.8% | -1.3% | |
| Q4 2020 | +6.6% | +11.4% | -6.2% | |
| Q3 2020 | -8.0% | -10.6% | -4.1% | |
| Q2 2020 | -4.7% | -3.4% | -1.6% | |
| Q1 2020 | +1.9% | +1.9% | +16.5% | |
| Q4 2019 | -2.5% | -5.4% | -1.2% | |
| Q3 2019 | -8.5% | -7.7% | -9.8% | |
| Q2 2019 | -0.4% | +1.9% | +0.3% | |
| Q1 2019 | +6.6% | +6.1% | -0.6% | |
| Q4 2018 | +0.2% | +0.9% | +9.2% | |
| Q3 2018 | +8.2% | +11.4% | +10.1% | |
| Q2 2018 | -9.8% | -10.6% | -10.1% | |
| Q1 2018 | -6.1% | -8.0% | -7.9% | |
| Q4 2017 | +14.3% | +4.9% | +6.3% | |
| Q3 2017 | -0.5% | -1.8% | -5.1% | |
| Q2 2017 | -1.3% | -2.0% | -6.2% | |
| Q1 2017 | -4.4% | -5.8% | -0.6% | |
| Q4 2016 | +5.8% | +7.3% | +13.6% | |
| Q3 2016 | -8.3% | -7.6% | -9.3% | |
| Q2 2016 | +12.9% | +15.8% | +15.6% | |
| Q1 2016 | +4.3% | — | — | |
| Q4 2015 | -13.2% | — | — | |
| Q3 2015 | +12.9% | — | — | |
| Q2 2015 | +4.5% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | -5.4% | — | — | |
| Q2 2014 | +0.4% | — | — | |
| Q1 2014 | -3.4% | — | — | |
| Q4 2013 | +1.4% | — | — | |
| Q3 2013 | -4.8% | — | — | |
| Q2 2013 | -5.8% | — | — | |
| Q1 2013 | -7.3% | — | — | |
| Q4 2012 | +3.2% | — | — | |
| Q3 2012 | +5.4% | — | — | |
| Q2 2012 | +12.5% | — | — | |
| Q1 2012 | +12.6% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q1 2011 | -0.8% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | +9.4% | — | — | |
| Q2 2010 | +1.0% | — | — | |
| Q1 2009 | +1.9% | — | — | |
| Q1 2010 | -2.1% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q4 2007 | +1.4% | — | — | |
| Q3 2008 | -2.5% | — | — | |
| Q3 2009 | -2.5% | — | — | |
| Q2 2008 | -0.8% | — | — | |
| Q2 2009 | -0.8% | — | — | |
| Q4 2008 | -0.8% | — | — |
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