---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-013226"
form_type: "8-K"
ticker: "EBAY"
cik: "0001065088"
company_name: "EBAY INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:36:24.253678+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# eBay beats Q1 expectations with $2.5B revenue, GAAP EPS $1.05 vs loss a year ago, GMV down 5%

## Summary
- Revenue of $2.5B, up 1% as-reported and 3% FX-neutral; GMV $18.4B down 5% as-reported, down 2% FX-neutral.
- GAAP net income from cont. ops $569M ($1.05 EPS) vs loss of $1.34B in Q1 2022; Non-GAAP net income $600M ($1.11 EPS) down 4%.
- Returned $384M to shareholders via $250M buybacks and $134M dividends; free cash flow $709M.
- Q2 guidance: revenue $2.47-2.54B, GAAP EPS $0.65-0.70, Non-GAAP EPS $0.96-1.01.
- Dividend declared $0.25/share, payable June 16 to holders of record June 1.

## SEC filing metadata
- accession: 0001628280-23-013226
- form_type: 8-K
- ticker: EBAY
- cik: 0001065088
- company_name: EBAY INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065088/000162828023013226/0001628280-23-013226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065088/000162828023013226/ebay-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-013226
- JSON: https://secwatch.observer/filing/0001628280-23-013226.json
- Plain text: https://secwatch.observer/filing/0001628280-23-013226.txt

## Key facts
- Earnings Releases
  EBAY INC reported the quarter ended March 31, 2023 results: revenue $2.5 billion, net income $569 million, EPS $1.05.
  - Period: the quarter ended March 31, 2023
  - Revenue: $2.5 billion
  - Net income: $569 million
  - EPS: $1.05
  - Result: reported results
  source text: certain other information is attached as Exhibit 99.1 to this report. --- EX-99.1 (EX-99.1) --- eBay Inc. Reports Better Than Expected First Quarter 2023 Results • Revenue of $2.5 billion , up 1% o n an as-reported basis and up 3% on a n FX-Neutral basis • Gross Merchandise Volume of $18.4 billion , down 5% on an as-reported basis and down 2% on an FX-Neutral
  evidence_url: https://www.sec.gov/Archives/edgar/data/1065088/000162828023013226/0001628280-23-013226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.