eBay（EBAY）2025年第四季度及全年财务业绩演示报告「NASDAQ」（英文版）（45页）.pdf

1、Q425&FY25 Business&Financial HighlightsFebruary 18,2026 2026 eBay|Business&Financial Highlights Q425&FY25Disclosures2This presentation contains non-GAAP measures relating to our performance.You can find the reconciliation of these measures,except for FX-Neutral basis,to the nearest comparable GAAP m

2、easures in the appendix at the end of this presentation.All growth rates represent year-over-year comparisons,except as otherwise noted.For numbers in this presentation provided on an“FX-Neutral”basis,we calculate the year-over-year impact of foreign currency movements using prior period foreign cur

3、rency rates applied to current year transactional currency amounts excluding hedging activity.This presentation contains forward-looking statements relating to,among other things,the future performance of eBay Inc.and its consolidated subsidiaries that are based on our current expectations,forecasts

4、 and assumptions and involves risks and uncertainties.These statements include,but are not limited to,statements regarding managements vision for the future of eBay and our ability to accomplish our vision,expected financial results for the first quarter and full year 2026 and expected drivers there

5、of,the future growth in our business,our ability to drive sustainable long-term growth and continue to accelerate across focus categories,the effects and potential of the pending Depop acquisition and current and contemplated strategic initiatives and offerings including with respect to artificial i

6、ntelligence,the anticipated timing,benefits and effects of the pending Depop acquisition and new and updated product features or programs,expectations relating to the continued diversification of our inventory and programming,our targets with respect to our credit rating,leverage ratios and cash and