TOTAL VOLUME:
$134b
24H VOL:
$87,176,691
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,391,958,194
394,660
Markets across
30,119
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 5, 6:11 PM EST
Polymarket
This event group tracks whether eBay will beat consensus earnings expectations in Q2 2026. Kalshi uses gross merchandise volume (GMV) thresholds as a proxy for earnings performance, while Polymarket directly measures non-GAAP EPS against the Street consensus estimate of $1.51. The markets resolve on or shortly after eBay's estimated earnings release on July 29, 2026.
As of market creation, eBay is estimated to release earnings on July 29, 2026. The Street consensus estimate for eBay’s non-GAAP EPS for the relevant quarter is $1.51 as of market creation. This market will resolve to "Yes" if eBay reports non-GAAP EPS greater than $1.51 for the relevant quarter in its next quarterly earnings release. Otherwise, it will resolve to "No." The resolution source will be the non-GAAP EPS listed in the company’s official earnings documents. If eBay releases earnings without non-GAAP EPS, then the market will resolve according to the non-GAAP EPS figure reported by SeekingAlpha. If no such figure is published within 96h of market close (4:00:00pm ET) on the day earnings are announced, the market will resolve according to the GAAP EPS listed in the company’s official earnings documents; or, if not published there, according to the GAAP EPS provided by SeekingAlpha. If no GAAP EPS number is available from either source at that time, the market will resolve to “No.” (For the purposes of this market, GAAP EPS refers to diluted GAAP EPS, unless it is not published, in which case it refers to basic GAAP EPS.) If the company does not release earnings within 45 calendar days of the estimated earnings date, this market will resolve to “No.” Note: Subsequent restatements, corrections, or revisions made to the initially announced non-GAAP EPS figure will not qualify for resolution, except in the case of obvious and immediate mistakes (e.g., fat finger errors, as with Lyft's (LYFT) earnings release in February 2024). Note: The strike prices used in these markets are derived from SeekingAlpha estimates, and reflect the consensus of sell-side analyst estimates for non-GAAP EPS. Note: All figures will be rounded to the nearest cent using standard rounding. Note: For the purposes of this market, IFRS EPS will be treated as GAAP EPS. Note: If multiple versions of non-GAAP EPS are published, the market will resolve according to the primary headline non-GAAP EPS number, which is typically presented on a diluted basis. If diluted is not published, then basic non-GAAP EPS will qualify. Note: All figures are expressed in USD, unless otherwise indicated. Note: For primarily internationally listed companies, this market refers specifically to the shares traded in the United States on U.S. stock exchanges such as the NYSE or Nasdaq. In cases where the company trades in the U.S. through an American Depositary Receipt (ADR) or American Depositary Share (ADS), this market will refer to the ADR/ADS.
Resolution is determined by eBay Inc.'s reported gross merchandise volume in Q2 2026. The event contains five tiered outcomes at progressively higher dollar thresholds: above $21 billion, above $21.5 billion, above $22 billion, above $22.5 billion, and above $23 billion. Each threshold represents a distinct market outcome. Resolution depends on the company's official financial reporting for the specified quarter, with each outcome resolving Yes if the reported figure exceeds its corresponding threshold.
Prediction market odds often diverge from Wall Street consensus because they incorporate real-money incentives and crowd wisdom rather than relying solely on sell-side analyst models. While traditional forecasts may lag emerging data or reflect institutional biases, this market prices in live trader conviction. Comparing the implied probability here to published analyst earnings estimates can reveal where the market sees hidden risks or opportunities. Many traders use this divergence as a signal to stress-test their own thesis on eBay's upcoming results.
Key catalysts include eBay's pre-earnings guidance, macroeconomic data affecting e-commerce spending, competitive pressures from Amazon and other platforms, and any management commentary on GMV trends or cost controls. Unexpected changes in seller activity, payment processing volumes, or advertising revenue could shift trader conviction. Broader market volatility, interest rate moves, and retail sentiment also influence how traders price the probability of an earnings beat. Watch for analyst estimate revisions and insider transactions as secondary signals of confidence heading into the announcement.