Ebay (EBAY) Operating Expenses (2009 - 2026)
Ebay (EBAY) posted quarterly Operating Expenses of $1.7 billion for Q1 2026, up 31.25% year-over-year from $1.3 billion in Q1 2025, and up 10.63% quarter-over-quarter from $1.5 billion in Q4 2025.
Analysis
Ebay (EBAY) Operating Expenses (2009 - 2026) Analysis & Trends
Ebay (EBAY) has reported Operating Expenses for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 31.25% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $6.1 billion (up 18.43% YoY), while the FY2025 annual figure was $5.7 billion, up 11.19% from the prior year.
- Operating Expenses climbed to $1.7 billion in Q1 2026 per EBAY's latest filing, from $1.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.7 billion in Q1 2026 and bottomed at $1.1 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.3 billion across 5 years, with a median of $1.3 billion in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses declined 8.6% — and 2026, when it soared 31.25%.
- Ebay's Operating Expenses stood at $1.3 billion in 2022, then advanced by 14.08% to $1.4 billion in 2023, then declined by 8.6% to $1.3 billion in 2024, then rose by 14.95% to $1.5 billion in 2025, then rose by 10.63% to $1.7 billion in 2026.
- Business Quant data shows EBAY's Operating Expenses at $1.7 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,738.66 Bn | 2,615.68 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 116.88 Bn | -48,009.53 Bn | 9.45 Bn | -5.39 Bn |
| 3 | DoorDash | 99.21 Bn | 93.86 Bn | 2.35 Bn | 4.30 Bn |
| 4 | Mercadolibre | 98.87 Bn | 83.68 Bn | 4.16 Bn | 3.48 Bn |
| 5 | Sea | 68.20 Bn | 59.80 Bn | 3.55 Bn | -2.90 Bn |
| 6 | Ebay | 47.01 Bn | 43.70 Bn | 2.30 Bn | 1.63 Bn |
| 7 | JD.com | 39.74 Bn | 7.19 Bn | 16.50 Bn | -3.06 Bn |
| 8 | Coupang | 28.51 Bn | 22.40 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Wayfair | 12.61 Bn | 11.46 Bn | 1.05 Bn | 950.00 Mn |
| 10 | Maplebear | 11.77 Bn | 10.92 Bn | 751.00 Mn | 608.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63 Bn |
| Mar 31, 2026 | 1.68 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.42 Bn |
| Jun 30, 2025 | 1.50 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.25 Bn |
| Jun 30, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.23 Bn |
| Dec 31, 2023 | 1.44 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.30 Bn |
| Mar 31, 2023 | 1.25 Bn |
| Dec 31, 2022 | 1.26 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 1.16 Bn |