NASDAQ$EBAY
eBay · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
eBay reported better than expected financial results for the second quarter of 2022, driven by focus category strategy and growth in payments and advertising.
eBay's Q2 2022 results showed a revenue of $2.4 billion, a decrease of 9% year-over-year, and a GMV of $18.5 billion, down 18% year-over-year. The company reported a GAAP net loss of $536 million, or $(0.96) per diluted share, and a non-GAAP net income of $554 million, or $0.99 per diluted share.
- Revenue was $2.4 billion, down 9% year-over-year.
- Gross Merchandise Volume (GMV) was $18.5 billion, down 18% year-over-year.
- GAAP net loss from continuing operations was $536 million, or $(0.96) per diluted share.
- Non-GAAP net income from continuing operations was $554 million, or $0.99 per diluted share.
Headline financials
Revenue & EPS history
eBay · Revenue · Quarterly
$2.42B
Revenue by segment
eBay · $366M total across 1 segment · Q3 2023
- Total Advertising$366M—100.0%
Forward guidance
eBay is providing the following guidance for continuing operations for the third quarter and full year 2022.
Tailwinds
- Q3 2022 Revenue: $2.29 - $2.37 billion
- Q3 2022 Diluted GAAP EPS: $0.63 - $0.69
- Q3 2022 Diluted Non-GAAP EPS: $0.89 - $0.95
- Full Year 2022 Revenue: $9.6 - $9.9 billion
- Full Year 2022 Diluted Non-GAAP EPS: $3.95 - $4.10
Headwinds
- Q3 2022 Organic FX-Neutral Y/Y Growth: (5)% - (2)%
- Full Year 2022 Organic FX-Neutral Y/Y Growth: (6)% - (3)%
- Full Year 2022 Diluted GAAP EPS: $(1.98) - $(1.83)
- Q3 2022 Estimated stock-based compensation expense and associated employer payroll tax expense of approximately $130 - $140 million
- Q3 2022 Estimated adjustment between our GAAP and non-GAAP tax rate of approximately $25 - $35 million
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 Q2 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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