Financial Information

Latest Financial Results

Q3 2025 Metrics

$2,724.7M

GMS was $2,724.7 million, up 0.9% year-over-year and 0.1% on a currency-neutral basis, excluding Reverb from the prior-year period. On an as reported basis, including Reverb's third quarter 2024 GMS of $213.7 million, consolidated GMS was down 6.5% year-over-year.

$678.0M

Revenue was $678.0 million, up 6.1% year-over-year, excluding Reverb from the prior-year period. On an as reported basis, including Reverb's third quarter 2024 revenue of $23.2 million, consolidated revenue was up 2.4% year-over-year.

$75.5M

Net income was $75.5 million, up $18.1 million year-over-year, reflecting a non-cash foreign exchange gain of $0.8 million as compared to a non-cash foreign exchange loss of $16.8 million in the third quarter of 2024. Consolidated net income margin was 11.1% and diluted net income per share was $0.63.

$171.9M

Non-GAAP Adjusted EBITDA was $171.9 million, with consolidated non-GAAP Adjusted EBITDA margin of approximately 25.4%.

Source: Q3 2025 Earning Press Release.

For complete information regarding our financials, see our periodic filings

Balance Sheet

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Income Statement

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Cash Flow

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