Supplementary Data - Quarterly Financial Data - Unaudited

12 Months Ended

Dec. 31, 2021

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, 2021. 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. Our StubHub, Classifieds and Korea businesses are classified as discontinued operations.

Quarterly Financial Data

(Unaudited, in millions, except per share amounts)


	Quarter Ended
	March 31		June 30		September 30		December 31
2021
Net revenues	$	2,638	$	2,668	$	2,501	$	2,613
Gross profit	$	2,032	$	1,996	$	1,823	$	1,919
Income (loss) from continuing operations	$	568	$	294	$	283	$	(893)
Income (loss) from discontinued operations, net of income taxes	$	73	$	10,440	$	(19)	$	2,862
Net income (loss)	$	641	$	10,734	$	264	$	1,969
Income (loss) per share - basic:
Continuing operations	$	0.83	$	0.44	$	0.44	$	(1.47)
Discontinued operations	0.11		15.48		(0.03)		4.72
Net income (loss) per share - basic	$	0.94	$	15.92	$	0.41	$	3.25
Income (loss) per share - diluted:
Continuing operations	$	0.82	$	0.43	$	0.43	$	(1.47)
Discontinued operations	0.10		15.25		(0.03)		4.72
Net income (loss) per share - diluted	$	0.92	$	15.68	$	0.40	$	3.25
Weighted-average shares:
Basic	681		674		647		606
Diluted	693		685		658		606


	Quarter Ended
	March 31		June 30		September 30		December 31
2020
Net revenues	$	1,821	$	2,337	$	2,258	$	2,478
Gross profit	$	1,467	$	1,920	$	1,780	$	1,930
Income from continuing operations	$	421	$	689	$	605	$	772
Income (loss) from discontinued operations, net of income taxes	$	2,991	$	57	$	59	$	73
Net income (loss)	$	3,412	$	746	$	664	$	845
Income per share - basic:
Continuing operations	$	0.56	$	0.98	$	0.87	$	1.12
Discontinued operations	3.97		0.08		0.08		0.11
Net income (loss) per share - basic	$	4.53	$	1.06	$	0.95	$	1.23
Income (loss) per share - diluted:
Continuing operations	$	0.56	$	0.97	$	0.86	$	1.11
Discontinued operations	3.95		0.08		0.08		0.10
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