SAN JOSE, Calif. — eBay, a global e-commerce leader, reported strong revenue growth in the first quarter, which ended March 31, 2026.
The company reported revenue of $3.1 billion, an increase of 19%. In addition, eBay’s gross merchandise volume was reported at $22.2 billion, an 18% increase.
Jamie Iannone, eBay’s chief executive officer, said he was pleased with the results.
“eBay’s first quarter results marked a strong start to the year,” Iannone said. “We accelerated GMV growth and delivered performance ahead of expectations. Our Focus Categories, C2C and recommerce strategic priorities are driving broadbased momentum, and strengthening our position as the marketplace of choice for enthusiasts.”
Peggy Alford, the company’s chief financial officer, said eBay returned $639 million to stockholders during the first quarter, including $500 million of share repurchases and $139 million paid out in cash dividends.
“Our strong first quarter results, characterized by robust GMV and revenue growth, along with healthy earnings, reflect the powerful operating leverage inherent in our business,” Alford said. “We remain committed to disciplined execution of our strategic priorities while continuing to allocate capital thoughtfully to drive long-term value and significant returns for our shareholders.” eBay Inc. (Nasdaq: EBAY) is a global commerce company that connects people and builds communities to create economic opportunity for all. The company’s technology empowers millions of buyers and sellers in more than 190 markets globally. eBay was founded in 1995 in San Jose, California.