Description

eBay & Depop — A $1.4 Billion Push To Build A Recommerce Powerhouse!

The company reported its second quarter 2026 financial results with gross merchandise volume (GMV) rising 14% year-over-year to $22.4 billion and revenues increasing 14% to $3.13 billion, surpassing consensus expectations and the high end of its guidance across key metrics. Non-GAAP operating income grew 16% to $893 million, while non-GAAP earnings per share advanced 17% to $1.60. Growth was largely driven by strategic priorities including focused categories, consumer-to-consumer (C2C) sales, and recommerce (preowned and refurbished goods), which together accounted for over 70% of total GMV and individually grew over 20%. Focused categories expanded 26%, with collectibles, motors, fashion, and refurbished items contributing substantially. Collectibles growth was supported by trading cards, coins, toys, and sports memorabilia, with innovations such as expanded authenticity guarantees and AI-powered tools aimed at enhancing trust and user experience. The recently completed acquisition of Depop for $1.