Supplementary Data - Quarterly Financial Data - Unaudited

12 Months Ended

Dec. 31, 2020

Supplementary Data — Quarterly Financial Data — Unaudited

The following tables present certain unaudited consolidated quarterly financial information for each of the eight quarters in the two year period ended December 31, 2020. This quarterly information has been prepared on the same basis as the Consolidated Financial Statements and includes all adjustments necessary to state fairly the information for the periods presented. Prior period quarterly information has been recast to reflect results of our previous StubHub business and our Classifieds business as discontinued operations.

Quarterly Financial Data

(Unaudited, in millions, except per share amounts)


	Quarter Ended
	March 31		June 30		September 30		December 31
2020
Net revenues	$	2,129	$	2,668	$	2,606	$	2,868
Gross profit	$	1,627	$	2,095	$	1,950	$	2,126
Income from continuing operations	$	431	$	709	$	621	$	781
Income (loss) from discontinued operations, net of income taxes	$	2,981	$	37	$	43	$	64
Net income (loss)	$	3,412	$	746	$	664	$	845
Income (loss) per share - basic:
Continuing operations	$	0.57	$	1.01	$	0.89	$	1.14
Discontinued operations	3.96		0.05		0.06		0.09
Net income (loss) per share - basic	$	4.53	$	1.06	$	0.95	$	1.23
Income (loss) per share - diluted:
Continuing operations	$	0.57	$	1.00	$	0.88	$	1.12
Discontinued operations	3.94		0.05		0.06		0.09
Net income (loss) per share - diluted	$	4.51	$	1.05	$	0.94	$	1.21
Weighted-average shares:
Basic	753		703		696		688
Diluted	757		711		708		697


	Quarter Ended
	March 31		June 30		September 30		December 31
2019
Net revenues	$	2,161	$	2,156	$	2,083	$	2,236
Gross profit	$	1,643	$	1,624	$	1,553	$	1,680
Income from continuing operations	$	460	$	377	$	210	$	469
Income (loss) from discontinued operations, net of income taxes	$	58	$	25	$	100	$	87
Net income (loss)	$	518	$	402	$	310	$	556
Income per share - basic:
Continuing operations	$	0.51	$	0.44	$	0.25	$	0.58
Discontinued operations	0.07		0.03		0.12		0.11
Net income (loss) per share - basic	$	0.58	$	0.47	$	0.37	$	0.69
Income (loss) per share - diluted:
Continuing operations	$	0.51	$	0.43	$	0.25	$	0.58
Discontinued operations	0.06		0.03		0.12		0.11
Net income (loss) per share - diluted	$	0.57	$	0.46	$	0.37	$	0.69
Weighted-average shares:
Basic	900		860		830		807
Diluted	908		867		837		812