Back to News
Feb 18, 2026 8:01 PM

eBay Tops Q4 Earnings, Agrees To Acquire Depop, Shares Spring Higher

eBay Inc (NASDAQ:EBAY) reported financial results for the fourth quarter on Wednesday after the bell. Here’s a look at the key details from the print.

eBay stock is showing exceptional strength. Why is EBAY stock surging?

eBay Exceeds Estimates, Issues Strong Guidance

Q4 Revenue: $2.97 billion, versus estimates of $2.89 billion

Q4 Adjusted EPS: $1.41, versus estimates of $1.35

Total revenue climbed 15% year-over-year as gross merchandise volume increased 10% to $21.2 billion. The company said it generated $595 million of operating cash flow and $478 million of free cash flow from continuing operations in the quarter.

eBay had $4.8 billion in total cash, cash equivalents and non-equity investments as of Dec. 31, 2025.

“We have built significant ...