eBay

Q2 FY2026 EarningsQ2 FY26 beat consensus across all major financial metrics: revenue of $3.13B vs. $3.02B expected, and gross margin of 73.45% vs. 73.07%. Diluted GAAP EPS of $1.21 significantly outperformed the $1.14 mean estimate, driven by a 15% YoY increase in GMV and strong advertising revenue growth (+24% YoY). Despite elevated transaction losses, the effective tax rate was favorable at 17.1% vs. 20.5% expected, further supporting the bottom-line beat.