eBay posted stronger Q1 results, profit $512 million or $1.12 per share, up from $499 million a year ago. Adjusted EPS $1.66 beat FactSet consensus $1.58. Revenue rose 19% to $3.09 billion, surpassing $3.04 billion estimate. The rise reflected higher gross merchandise volume, which helped lift the top line.

The uptick arrives as consumers favor resale platforms, a trend that has buoyed eBay’s gross merchandise volume for several quarters. Management stressed cost discipline and AI‑driven search upgrades to turn traffic into higher‑margin sales. Analysts view the mix shift as supportive of earnings expansion.

Investors pushed the stock higher in after‑hours trading, narrowing the performance gap with rivals such as Amazon Marketplace. Improved profit margins reassure shareholders of sustainable growth, and the stronger balance sheet gives eBay room to consider strategic acquisitions.

Overall, eBay’s Q1 performance validates its turnaround plan, showing that higher GMV can translate into meaningful profit growth while maintaining cost control, establishing a solid baseline for the next reporting period.