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Operating Expense Breakdown
Details key costs such as marketing, technology, and administrative expenses, providing insight into eBay's operational efficiency and strategic investment areas.eBay is clearly prioritizing growth: product development and sales & marketing spend have risen to multi‑year highs to support AI tools, Live Commerce and ad monetization, and those investments are backing strong GMV and ad revenue. At the same time, transaction losses and intermittent G&A spikes (shipping program costs, M&A/integration and other one‑offs) are exerting near‑term margin pressure. Management still guides positive operating‑income growth, so this is a deliberate growth‑for‑now margin tradeoff to monitor for normalization of shipping losses and Depop dilution.
Date | Sales and Marketing | General and Administrative | Product Development | Amortization | Transaction Losses |
|---|---|---|---|---|---|
Jun 30, 2026 | $697.00M | $306.00M | $484.00M | $6.00M | $133.00M |
Mar 31, 2026 | $673.00M | $410.00M | $450.00M | $5.00M | $138.00M |
Dec 31, 2025 | $666.00M | $284.00M | $436.00M | $6.00M | $123.00M |
Sep 30, 2025 | $606.00M | $282.00M | $423.00M | $6.00M | $106.00M |
Jun 30, 2025 | $586.00M | $371.00M | $421.00M | $6.00M | $86.00M |
Mar 31, 2025 | $536.00M | $261.00M | $362.00M | $6.00M | $81.00M |
Dec 31, 2024 | $609.00M | $241.00M | $375.00M | $6.00M | $87.00M |
Sep 30, 2024 | $592.00M | $194.00M | $374.00M | $5.00M | $89.00M |
Jun 30, 2024 | $577.00M | $241.00M | $379.00M | $5.00M | $86.00M |
Mar 31, 2024 | $541.00M | $238.00M | $351.00M | $4.00M | $91.00M |