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Where the tokens are
Trade EBAY perpsStandardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.13B | $3.09B | $2.97B | $2.82B | $2.73B | $2.59B | $2.58B | $2.58B |
| Cost of revenue | $832.00M | $802.00M | $849.00M | $821.00M | $750.00M | $697.00M | $718.00M | $727.00M |
| Gross profit | $2.30B | $2.29B | $2.12B | $2.00B | $1.98B | $1.89B | $1.86B | $1.85B |
| Gross margin | 73.5% | 74.0% | 71.4% | 70.9% | 72.5% | 73.0% | 72.2% | 71.8% |
| Research and development | $484.00M | $450.00M | $436.00M | $423.00M | $452.00M | $393.00M | $375.00M | $374.00M |
| Selling, general and administrative | $1.00B | $1.08B | $950.00M | $888.00M | $957.00M | $797.00M | $850.00M | $786.00M |
| Operating expenses | $1.63B | $1.68B | $1.52B | $1.42B | $1.50B | $1.28B | $1.32B | $1.25B |
| Operating income | $676.00M | $611.00M | $601.00M | $576.00M | $479.00M | $611.00M | $543.00M | $595.00M |
| Operating margin | 21.6% | 19.8% | 20.3% | 20.4% | 17.5% | 23.6% | 21.1% | 23.1% |
| EBITDA | $777.00M | $704.00M | $716.00M | $682.00M | $558.00M | $663.00M | $622.00M | $687.00M |
| Interest income | $52.00M | $66.00M | $62.00M | $69.00M | $59.00M | $81.00M | $95.00M | $66.00M |
| Interest expense | −$65.00M | −$61.00M | −$61.00M | −$62.00M | −$62.00M | −$61.00M | −$65.00M | −$63.00M |
| Income before taxes | $665.00M | $618.00M | $623.00M | $573.00M | $472.00M | $629.00M | $617.00M | $797.00M |
| Income taxes | $113.00M | $106.00M | $98.00M | −$24.00M | $107.00M | $128.00M | −$63.00M | $161.00M |
| Net income | $550.00M | $512.00M | $528.00M | $632.00M | $364.00M | $499.00M | $679.00M | $634.00M |
| Net margin | 17.5% | 16.6% | 17.8% | 22.4% | 13.3% | 19.3% | 26.3% | 24.6% |
| EPS, basic | $1.24 | $1.14 | $1.17 | $1.39 | $0.79 | $1.07 | $1.42 | $1.31 |
| EPS, diluted | $1.21 | $1.12 | $1.15 | $1.35 | $0.78 | $1.05 | $1.40 | $1.29 |
| Diluted shares | 455.00M | 457.00M | 460.00M | 467.00M | 470.00M | 475.00M | 484.00M | 494.00M |
Figures describe eBay shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.