How did eBay's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 03:38pm
EBay's revenue showed a consistent upward trend over the past year, with a slight fluctuation in Q2 2024, while expenses exhibited a different pattern with a significant increase in Q3 2024.
1. **Revenue Trend**:
- Q4 2024: eBay's revenue was $2.58 billion, marking a 2% increase year-over-year on an as-reported basis and 3% on an FX-neutral basis.
- Q3 2024: The revenue was $2.58 billion, identical to Q4 2024, representing a 3% increase year-over-year on an as-reported basis and 2% on an FX-neutral basis.
- Q2 2024: eBay's revenue was $2.57 billion, reflecting a 1% increase year-over-year on an as-reported basis and 2% on an FX-neutral basis.
- Q1 2024: The revenue was $2.56 billion, indicating a 2% increase year-over-year on an as-reported basis and 2% on an FX-neutral basis.
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|EBAY|EBAY.O|eBay|2024 Q1|1.8326693227091633|2.556E9|185|
|EBAY|EBAY.O|eBay|2024 Q2|1.2598425196850394|2.572E9|185|
|EBAY|EBAY.O|eBay|2024 Q3|3.04|2.576E9|185|
|EBAY|EBAY.O|eBay|2024 Q4|0.6635441061670571|2.579E9|185|
2. **Expense Trend**:
- No data is available for eBay's expenses in Q4 2024.
- Q3 2024: eBay's expenses were likely higher due to increased costs or less effective expense management, as indicated by a 51% year-over-year drop in net income to $636 million.
- Q2 2024: eBay's expenses were $1.29 billion, which fell 1.2% year-over-year.
- Q1 2024: The company generated $615 million of operating cash flow and $472 million of free cash flow, suggesting that expenses were well-managed during the quarter.
In summary, eBay's revenue has shown a steady increase over the past year, with a slight dip in Q2 2024, while expenses exhibited a significant increase in Q3 2024, potentially impacting profitability.