EBAY INC, DEF 14A filed on 4/30/2025
Proxy Statement (definitive)
v3.25.1
Cover
 12 Months Ended
Dec. 31, 2024
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name eBay Inc.
Entity Central Index Key 0001065088
v3.25.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Apr. 01, 2023
May 15, 2022
Apr. 01, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure                
Pay vs Performance Disclosure, Table      
​
YEAR
​ ​
SUMMARY
COMPENSATION
TABLE
TOTAL FOR
PEO(1)
​ ​
SUMMARY
COMPENSATION
TABLE
TOTAL FOR
PRIOR
PEO(1)
​ ​
COMPENSATION
ACTUALLY
PAID TO
PEO(2)
​ ​
COMPENSATION
ACTUALLY
PAID
TO PRIOR
PEO
​ ​
AVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL
FOR
NON-PEO
NEOs(1)
​ ​
AVERAGE
COMPENSATION
ACTUALLY
PAID TO
NON-PEO
NEOs(2)
​ ​
VALUE OF INITIAL FIXED $100
INVESTMENT BASED ON:(3)
​ ​
NET INCOME
($M)
​ ​
COMPANY
SELECTED
MEASURE:
FX-
NEUTRAL
REVENUE
($M)(4)
​
​
TOTAL
SHAREHOLDER
RETURN
​ ​
PEER
GROUP
TOTAL
SHAREHOLDER
RETURN
​
​ 2024 ​ ​ ​ $ 20,349,650 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 49,091,343 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 7,166,848 ​ ​ ​ ​ $ 12,002,184 ​ ​ ​ ​ $ 187.04 ​ ​ ​ ​ $ 299.72 ​ ​ ​ ​ $ 1,975 ​ ​ ​ ​ $ 10,281 ​ ​
​ 2023 ​ ​ ​ $ 21,560,669 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 24,813,140 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 7,702,798 ​ ​ ​ ​ $ 8,603,146 ​ ​ ​ ​ $ 129.19 ​ ​ ​ ​ $ 219.40 ​ ​ ​ ​ $ 2,767 ​ ​ ​ ​ $ 10,060 ​ ​
​ 2022 ​ ​ ​ $ 16,950,325 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ (18,130,627) ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 8,547,469 ​ ​ ​ ​ $ 673,193 ​ ​ ​ ​ $ 120.01 ​ ​ ​ ​ $ 139.00 ​ ​ ​ ​ $ (1,269) ​ ​ ​ ​ $ 10,115 ​ ​
​ 2021 ​ ​ ​ $ 21,685,102 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 45,448,713 ​ ​ ​ ​ ​ N/A ​ ​ ​ ​ $ 12,005,041 ​ ​ ​ ​ $ 10,293,743 ​ ​ ​ ​ $ 188.89 ​ ​ ​ ​ $ 193.58 ​ ​ ​ ​ $ 13,608 ​ ​ ​ ​ $ 10,232 ​ ​
​ 2020 ​ ​ ​ $ 34,835,839 ​ ​ ​ ​ $ 42,798,223 ​ ​ ​ ​ $ 47,240,184 ​ ​ ​ ​ $ 16,181,647 ​ ​ ​ ​ $ 8,031,459 ​ ​ ​ ​ $ 18,418,381 ​ ​ ​ ​ $ 141.16 ​ ​ ​ ​ $ 143.89 ​ ​ ​ ​ $ 5,667 ​ ​ ​ ​ $ 8,868 ​ ​
​
(1)
The Principal Executive Officer (“PEO”) and other NEOs (the “Non-PEO NEOs”) for the applicable years were as follows:
​
•
2024: Mr. Iannone served as our PEO, and Mr. Garcia, Ms. Huber, Ms. Loeger, Mr. Priest and Ms. Wellington served as the Non-PEO NEOs. Ms. Huber’s employment with the Company terminated on June 21, 2024.​
​
•
2023: Mr. Iannone served as our PEO, and Mr. Boone, Mr. Garcia, Ms. Loeger and Mr. Priest served as the Non-PEO NEOs.
​
•
2022: Mr. Iannone served as our PEO, and Mr. Boone, Mr. Garcia, Ms. Loeger, Mr. Priest and Mr. Thompson served as the Non-PEO NEOs. Mr. Thompson’s employment with the Company terminated on April 29, 2022.​
​
•
2021: Mr. Iannone served as our PEO and Mr. Boone, Mr. Cring, Ms. Loeger, Mr. Priest, Mr. Thompson and Ms. Yetto served as the Non-PEO NEOs. Mr. Cring’s and Ms. Yetto’s employment with the Company terminated on October 15, 2021 and March 16, 2021, respectively.​
​
•
2020: Mr. Iannone served as our PEO, Mr. Schenkel served as our prior PEO, and Mr. Cring, Ms. Jones, Mr. Lee, Mr. Thompson and Ms. Yetto served as the Non-PEO NEOs. Mr. Schenkel’s and Ms. Jones’s employment with the Company terminated on June 19, 2020 and December 16, 2020, respectively.
​
The dollar amounts reported are the amounts of total compensation reported for Mr. Iannone for each corresponding year in the “Total” column of the Summary Compensation Table.
(2)
The 2024 Summary Compensation Table totals reported for our PEO and the average of the Non-PEO NEOs as a group for each year were subject to the following equity award adjustments per Item 402(v)(2)(iii) of Regulation S-K to calculate “compensation actually paid” using the methodology described below:
​
​ ​ ​ ​
2024
​
​ ​ ​ ​
PEO
​ ​
AVERAGE
FOR
OTHER
NEOs
​
​ Summary Compensation Table Total ​ ​ ​ $ 20,349,650 ​ ​ ​ ​ $ 7,166,848 ​ ​
​ Adjustments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ Deduction for amount reported under the “Stock Awards” and “Option Awards” Columns of the Summary Compensation Table ​ ​ ​ $ (16,315,235) ​ ​ ​ ​ $ (4,227,461) ​ ​
​ Increase/deduction for the Inclusion of Rule 402(v) Equity Values(*): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Year End Fair Value of Equity Awards Granted During the Year
​ ​ ​ $ 19,305,636 ​ ​ ​ ​ $ 4,843,267 ​ ​
​
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ $ 19,651,127 ​ ​ ​ ​ $ 3,987,217 ​ ​
​
Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year
​ ​ ​ $ 1,662,170 ​ ​ ​ ​ $ 361,460 ​ ​
​
Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year
​ ​ ​ $ 3,643,352 ​ ​ ​ ​ $ 775,930 ​ ​
​
Fair Value at the End of the Prior Year of Equity Awards that Failed.to Meet Vesting Conditions in the Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ (1,045,757) ​ ​
​
Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
​ ​ ​ $ 794,643 ​ ​ ​ ​ $ 140,680 ​ ​
​
Total
​ ​ ​ $ 45,056,928 ​ ​ ​ ​ $ 9,062,798 ​ ​
​ COMPENSATION ACTUALLY PAID ​ ​ ​ $ 49,091,343 ​ ​ ​ ​ $ 12,002,184 ​ ​
​
(*)
Compensation Actually Paid excludes the Stock Awards and Option Awards columns from the relevant fiscal year’s Summary Compensation Table total. The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. The Rule 402(v) Equity Values reflect the aggregate of the following components, as applicable: (i) the fair value as of the end of the listed fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the listed fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the listed fiscal year; (iii) the change in fair value during the listed fiscal year through the vesting date of equity awards granted in prior years that vested during the listed fiscal year, less the fair value at the end of the prior year of awards granted prior to the listed fiscal year that failed to meet applicable vesting conditions during the listed fiscal year and (iv) the value of dividend equivalents paid on stock or option awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year. Equity values are calculated in accordance with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASC”) Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant or the Company’s approach to valuation employed in its financial statements.
​
For purposes of the above adjustments, the fair value of equity awards on the applicable date were determined in accordance with FASB’s ASC Topic 718, using valuation methodologies that are generally consistent with those used to determine the grant date fair value for accounting purposes.
The table below contains ranges of assumptions used in the valuation of outstanding equity awards for the relevant fiscal year(s). For more information, please see the notes to our financial statements in our Annual Report on Form 10-K and the footnotes to the Summary Compensation Table of this Proxy Statement above.
PBRSU Valuation Assumptions
​
PBRSUs
​ ​
Financial
Metric Multiplier
​ ​
TSR Realized
Performance
(Percentile)
​ ​
Volatility
​ ​
Risk-Free
Interest Rate
​
​
2023 PBRSU
​ ​
100% - 230%
​ ​
50P - 75P
​ ​
25.12%
​ ​
4.09%
​
​
2024 PBRSU
​ ​
100% - 230%
​ ​
0P - 25P
​ ​
27.59%
​ ​
4.17%
​
Stock Option Valuation Assumptions
​
Grant Date
​ ​
Expected Term (years)**
​ ​
Strike Price
​ ​
Volatility***
​ ​
Dividend Yield***
​ ​
Risk-Free Interest Rate***
​
​
4/1/2022
​ ​
3.41 - 4.63
​ ​
$57.71
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.21% - 4.25%
​
​
5/15/2022
​ ​
2.80 - 3.80
​ ​
$46.65
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.18% - 4.33%
​
​
4/1/2023
​ ​
3.12 - 4.27
​ ​
$44.37
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.19% - 4.28%
​
​
(**)
Expected term adjusted for moneyness is calculated as the midpoint between the weighted time to vest (considering both service and performance conditions) and the contractual term, and then adjusted based on the moneyness ratio as of the measurement date.
​
(***)
Implied volatility, dividend yield and Risk-free rate are computed as of the measurement date following similar methodology as grant date.
​
(3)
The peer group for TSR for each listed fiscal year is the S&P 500 Information Technology (Sector) Index. The TSR amounts disclosed in the table assume a fixed investment of $100, and the relevant “measurement period” for any given year presented is the market close on the last trading day before the registrant’s earliest fiscal year presented in the table, through and including the end of the fiscal year for which cumulative TSR is being calculated. In addition, the TSR for the earliest year in the table will represent the TSR over that “first” year while the TSR for the next earliest year will represent the cumulative TSR over the first and the second years.
​
(4)
The Company has identified FX-Neutral Revenue as the company-selected measure for the pay versus performance disclosure, as it represents the most important financial performance measure used to link compensation actually paid to the PEO and the Other NEOs in 2024 to the Company’s performance. FX-Neutral Revenue was chosen from the following three most important financial performance measures used by the Company to link compensation actually paid to the PEO and other NEOs in 2024 to the Company’s performance:
       
Company Selected Measure Name       FX- NEUTRAL REVENUE        
Named Executive Officers, Footnote      
(1)
The Principal Executive Officer (“PEO”) and other NEOs (the “Non-PEO NEOs”) for the applicable years were as follows:
•
2024: Mr. Iannone served as our PEO, and Mr. Garcia, Ms. Huber, Ms. Loeger, Mr. Priest and Ms. Wellington served as the Non-PEO NEOs. Ms. Huber’s employment with the Company terminated on June 21, 2024.​
​
•
2023: Mr. Iannone served as our PEO, and Mr. Boone, Mr. Garcia, Ms. Loeger and Mr. Priest served as the Non-PEO NEOs.
​
•
2022: Mr. Iannone served as our PEO, and Mr. Boone, Mr. Garcia, Ms. Loeger, Mr. Priest and Mr. Thompson served as the Non-PEO NEOs. Mr. Thompson’s employment with the Company terminated on April 29, 2022.​
•
2021: Mr. Iannone served as our PEO and Mr. Boone, Mr. Cring, Ms. Loeger, Mr. Priest, Mr. Thompson and Ms. Yetto served as the Non-PEO NEOs. Mr. Cring’s and Ms. Yetto’s employment with the Company terminated on October 15, 2021 and March 16, 2021, respectively.​
​
•
2020: Mr. Iannone served as our PEO, Mr. Schenkel served as our prior PEO, and Mr. Cring, Ms. Jones, Mr. Lee, Mr. Thompson and Ms. Yetto served as the Non-PEO NEOs. Mr. Schenkel’s and Ms. Jones’s employment with the Company terminated on June 19, 2020 and December 16, 2020, respectively.
       
Peer Group Issuers, Footnote      
(3)
The peer group for TSR for each listed fiscal year is the S&P 500 Information Technology (Sector) Index. The TSR amounts disclosed in the table assume a fixed investment of $100, and the relevant “measurement period” for any given year presented is the market close on the last trading day before the registrant’s earliest fiscal year presented in the table, through and including the end of the fiscal year for which cumulative TSR is being calculated. In addition, the TSR for the earliest year in the table will represent the TSR over that “first” year while the TSR for the next earliest year will represent the cumulative TSR over the first and the second years.
       
Adjustment To PEO Compensation, Footnote      
(2)
The 2024 Summary Compensation Table totals reported for our PEO and the average of the Non-PEO NEOs as a group for each year were subject to the following equity award adjustments per Item 402(v)(2)(iii) of Regulation S-K to calculate “compensation actually paid” using the methodology described below:
​
​ ​ ​ ​
2024
​
​ ​ ​ ​
PEO
​ ​
AVERAGE
FOR
OTHER
NEOs
​
​ Summary Compensation Table Total ​ ​ ​ $ 20,349,650 ​ ​ ​ ​ $ 7,166,848 ​ ​
​ Adjustments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ Deduction for amount reported under the “Stock Awards” and “Option Awards” Columns of the Summary Compensation Table ​ ​ ​ $ (16,315,235) ​ ​ ​ ​ $ (4,227,461) ​ ​
​ Increase/deduction for the Inclusion of Rule 402(v) Equity Values(*): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Year End Fair Value of Equity Awards Granted During the Year
​ ​ ​ $ 19,305,636 ​ ​ ​ ​ $ 4,843,267 ​ ​
​
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ $ 19,651,127 ​ ​ ​ ​ $ 3,987,217 ​ ​
​
Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year
​ ​ ​ $ 1,662,170 ​ ​ ​ ​ $ 361,460 ​ ​
​
Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year
​ ​ ​ $ 3,643,352 ​ ​ ​ ​ $ 775,930 ​ ​
​
Fair Value at the End of the Prior Year of Equity Awards that Failed.to Meet Vesting Conditions in the Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ (1,045,757) ​ ​
​
Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
​ ​ ​ $ 794,643 ​ ​ ​ ​ $ 140,680 ​ ​
​
Total
​ ​ ​ $ 45,056,928 ​ ​ ​ ​ $ 9,062,798 ​ ​
​ COMPENSATION ACTUALLY PAID ​ ​ ​ $ 49,091,343 ​ ​ ​ ​ $ 12,002,184 ​ ​
​
(*)
Compensation Actually Paid excludes the Stock Awards and Option Awards columns from the relevant fiscal year’s Summary Compensation Table total. The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. The Rule 402(v) Equity Values reflect the aggregate of the following components, as applicable: (i) the fair value as of the end of the listed fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the listed fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the listed fiscal year; (iii) the change in fair value during the listed fiscal year through the vesting date of equity awards granted in prior years that vested during the listed fiscal year, less the fair value at the end of the prior year of awards granted prior to the listed fiscal year that failed to meet applicable vesting conditions during the listed fiscal year and (iv) the value of dividend equivalents paid on stock or option awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year. Equity values are calculated in accordance with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASC”) Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant or the Company’s approach to valuation employed in its financial statements.
       
Non-PEO NEO Average Total Compensation Amount       $ 7,166,848 $ 7,702,798 $ 8,547,469 $ 12,005,041 $ 8,031,459
Non-PEO NEO Average Compensation Actually Paid Amount       $ 12,002,184 8,603,146 673,193 10,293,743 18,418,381
Adjustment to Non-PEO NEO Compensation Footnote      
(2)
The 2024 Summary Compensation Table totals reported for our PEO and the average of the Non-PEO NEOs as a group for each year were subject to the following equity award adjustments per Item 402(v)(2)(iii) of Regulation S-K to calculate “compensation actually paid” using the methodology described below:
​
​ ​ ​ ​
2024
​
​ ​ ​ ​
PEO
​ ​
AVERAGE
FOR
OTHER
NEOs
​
​ Summary Compensation Table Total ​ ​ ​ $ 20,349,650 ​ ​ ​ ​ $ 7,166,848 ​ ​
​ Adjustments ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ Deduction for amount reported under the “Stock Awards” and “Option Awards” Columns of the Summary Compensation Table ​ ​ ​ $ (16,315,235) ​ ​ ​ ​ $ (4,227,461) ​ ​
​ Increase/deduction for the Inclusion of Rule 402(v) Equity Values(*): ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Year End Fair Value of Equity Awards Granted During the Year
​ ​ ​ $ 19,305,636 ​ ​ ​ ​ $ 4,843,267 ​ ​
​
Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ $ 19,651,127 ​ ​ ​ ​ $ 3,987,217 ​ ​
​
Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year
​ ​ ​ $ 1,662,170 ​ ​ ​ ​ $ 361,460 ​ ​
​
Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year
​ ​ ​ $ 3,643,352 ​ ​ ​ ​ $ 775,930 ​ ​
​
Fair Value at the End of the Prior Year of Equity Awards that Failed.to Meet Vesting Conditions in the Year
​ ​ ​ $ 0 ​ ​ ​ ​ $ (1,045,757) ​ ​
​
Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation
​ ​ ​ $ 794,643 ​ ​ ​ ​ $ 140,680 ​ ​
​
Total
​ ​ ​ $ 45,056,928 ​ ​ ​ ​ $ 9,062,798 ​ ​
​ COMPENSATION ACTUALLY PAID ​ ​ ​ $ 49,091,343 ​ ​ ​ ​ $ 12,002,184 ​ ​
​
(*)
Compensation Actually Paid excludes the Stock Awards and Option Awards columns from the relevant fiscal year’s Summary Compensation Table total. The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. The Rule 402(v) Equity Values reflect the aggregate of the following components, as applicable: (i) the fair value as of the end of the listed fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the listed fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the listed fiscal year; (iii) the change in fair value during the listed fiscal year through the vesting date of equity awards granted in prior years that vested during the listed fiscal year, less the fair value at the end of the prior year of awards granted prior to the listed fiscal year that failed to meet applicable vesting conditions during the listed fiscal year and (iv) the value of dividend equivalents paid on stock or option awards in the covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year. Equity values are calculated in accordance with Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASC”) Topic 718, and the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant or the Company’s approach to valuation employed in its financial statements.
       
Equity Valuation Assumption Difference, Footnote      
PBRSU Valuation Assumptions
​
PBRSUs
​ ​
Financial
Metric Multiplier
​ ​
TSR Realized
Performance
(Percentile)
​ ​
Volatility
​ ​
Risk-Free
Interest Rate
​
​
2023 PBRSU
​ ​
100% - 230%
​ ​
50P - 75P
​ ​
25.12%
​ ​
4.09%
​
​
2024 PBRSU
​ ​
100% - 230%
​ ​
0P - 25P
​ ​
27.59%
​ ​
4.17%
​
Stock Option Valuation Assumptions
​
Grant Date
​ ​
Expected Term (years)**
​ ​
Strike Price
​ ​
Volatility***
​ ​
Dividend Yield***
​ ​
Risk-Free Interest Rate***
​
​
4/1/2022
​ ​
3.41 - 4.63
​ ​
$57.71
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.21% - 4.25%
​
​
5/15/2022
​ ​
2.80 - 3.80
​ ​
$46.65
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.18% - 4.33%
​
​
4/1/2023
​ ​
3.12 - 4.27
​ ​
$44.37
​ ​
29.83% - 29.93%
​ ​
1.70% - 2.37%
​ ​
4.19% - 4.28%
​
​
(**)
Expected term adjusted for moneyness is calculated as the midpoint between the weighted time to vest (considering both service and performance conditions) and the contractual term, and then adjusted based on the moneyness ratio as of the measurement date.
​
(***)
Implied volatility, dividend yield and Risk-free rate are computed as of the measurement date following similar methodology as grant date.
       
Compensation Actually Paid vs. Total Shareholder Return      
•
Relationship Between Compensation Actually Paid to our PEO and the Average of the Compensation Actually Paid to the Non-PEO NEOs and the Company’s Cumulative TSR. The following chart illustrates the relationship between CAP for our PEO (and prior PEO) and the average CAP for our Non-PEO NEOs against the Company’s TSR, as well as the relationship between our TSR and the TSR of our peer group.
​
[MISSING IMAGE: bc_capvstsr-pn.jpg]
       
Compensation Actually Paid vs. Net Income      
•
Relationship Between Compensation Actually Paid to our PEO and the Average of the Compensation Actually Paid to the Non-PEO NEOs and the Company’s Net Income. The following chart illustrates the relationship between CAP for our PEO (and prior PEO) and the average CAP for our Non-PEO NEOs against the Company’s net income:
​
[MISSING IMAGE: bc_netincome-pn.jpg]
       
Compensation Actually Paid vs. Company Selected Measure      
•
Relationship Between Compensation Actually Paid to our PEO and the Average of the Compensation Actually Paid to the Non-PEO NEOs and the Company’s FX-Neutral Revenue. The following chart illustrates the relationship between CAP for our PEO (and second PEO) and the average CAP for our Non-PEO NEOs against the Company’s FX-Neutral Revenue.
​
[MISSING IMAGE: bc_revenue-pn.jpg]
       
Total Shareholder Return Vs Peer Group      
•
Relationship Between Compensation Actually Paid to our PEO and the Average of the Compensation Actually Paid to the Non-PEO NEOs and the Company’s Cumulative TSR. The following chart illustrates the relationship between CAP for our PEO (and prior PEO) and the average CAP for our Non-PEO NEOs against the Company’s TSR, as well as the relationship between our TSR and the TSR of our peer group.
​
[MISSING IMAGE: bc_capvstsr-pn.jpg]
       
Tabular List, Table      
​
Most Important Financial Performance Measures:
•
FX-Neutral Revenue(1) (the company-selected measure)—broad topline financial metric reflecting GMV performance while incentivizing business development and growth
​
•
Non-GAAP Operating Margin—incentivizes operational efficiency and profitability
​
•
Non-GAAP Net Income—incentivizes operational efficiency and profitability while also reflecting capital structure and tax impacts
​
(1)
Calculated on a fixed foreign exchange basis. We define Foreign exchange neutral (“FX-Neutral”) net revenues as GAAP net revenues minus the exchange rate effect, which we calculate by applying prior period foreign currency exchange rates to current year transactional currency amounts, excluding hedging activity. We believe presenting FX-Neutral net revenues provides useful information to both management and investors by isolating the effects of foreign currency exchange rate fluctuations that may not be indicative of our core operating results. In addition, as we have historically reported certain FX-Neutral results to investors, we believe that continuing to include these FX-Neutral measures provides consistency in our financial reporting. FX-Neutral net revenues are non-GAAP financial measures that are not based on any comprehensive set of accounting rules or principles and may be calculated differently than other “FX-Neutral,” “constant currency,” or similarly titled measures used by other companies. FX-Neutral net revenues are not presented as an alternative to GAAP net revenues and should only be used to evaluate our results of operations in conjunction with GAAP net revenues.
​
 ​
       
Total Shareholder Return Amount       $ 187.04 129.19 120.01 188.89 141.16
Peer Group Total Shareholder Return Amount       299.72 219.4 139 193.58 143.89
Net Income (Loss)       $ 1,975,000,000 $ 2,767,000,000 $ (1,269,000,000) $ 13,608,000,000 $ 5,667,000,000
Company Selected Measure Amount       10,281,000,000 10,060,000,000 10,115,000,000 10,232,000,000 8,868,000,000
PEO Name       Mr. Iannone        
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Financial Metric Multiplier, Minimum       100.00% 100.00%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Financial Metric Multiplier, Maximum       230.00% 230.00%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, TSR Realized Performance, Minimum       0.00% 50.00%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, TSR Realized Performance, Maximum       25.00% 75.00%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate       27.59% 25.12%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate       4.17% 4.09%      
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term, minimum 3 years 1 month 13 days 2 years 9 months 18 days 3 years 4 months 28 days          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term, Maximum 4 years 3 months 7 days 3 years 9 months 18 days 4 years 7 months 17 days          
Share Price $ 44.37 $ 46.65 $ 57.71          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum 29.83% 29.83% 29.83%          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum 29.93% 29.93% 29.93%          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate Minimum 1.7 1.7 1.7          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate Maximum 2.37 2.37 2.37          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum 4.19% 4.18% 4.21%          
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum 4.28% 4.33% 4.25%          
Measure:: 1                
Pay vs Performance Disclosure                
Name       FX-Neutral Revenue        
Non-GAAP Measure Description      
(4)
The Company has identified FX-Neutral Revenue as the company-selected measure for the pay versus performance disclosure, as it represents the most important financial performance measure used to link compensation actually paid to the PEO and the Other NEOs in 2024 to the Company’s performance. FX-Neutral Revenue was chosen from the following three most important financial performance measures used by the Company to link compensation actually paid to the PEO and other NEOs in 2024 to the Company’s performance:
       
Measure:: 2                
Pay vs Performance Disclosure                
Name       Non-GAAP Operating Margin        
Measure:: 3                
Pay vs Performance Disclosure                
Name       Non-GAAP Net Income        
Mr. Iannone [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount       $ 20,349,650 $ 21,560,669 $ 16,950,325 $ 21,685,102 $ 34,835,839
PEO Actually Paid Compensation Amount       49,091,343 $ 24,813,140 $ (18,130,627) $ 45,448,713 47,240,184
Mr. Schenkel [Member]                
Pay vs Performance Disclosure                
PEO Total Compensation Amount               42,798,223
PEO Actually Paid Compensation Amount               $ 16,181,647
PEO | Mr. Iannone [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (16,315,235)        
PEO | Mr. Iannone [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       45,056,928        
PEO | Mr. Iannone [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       19,305,636        
PEO | Mr. Iannone [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       19,651,127        
PEO | Mr. Iannone [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       1,662,170        
PEO | Mr. Iannone [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       3,643,352        
PEO | Mr. Iannone [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       0        
PEO | Mr. Iannone [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       794,643        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (4,227,461)        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       9,062,798        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       4,843,267        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       3,987,217        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       361,460        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       775,930        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       (1,045,757)        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year                
Pay vs Performance Disclosure                
Adjustment to Compensation, Amount       $ 140,680        
v3.25.1
Award Timing Disclosure
 12 Months Ended
Dec. 31, 2024
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
We have a longstanding practice of granting all annual equity awards on April 1st of every year, which is generally during a trading blackout period, and typically granting any new hire awards on the 15th of the month following the eligible employee’s start date. There were no stock option grants during the 2024 calendar year. The CHCC may consider whether or not to use stock options as part of the long-term equity incentive component of the executive compensation program in the future but has determined not to include stock options at this time. We may consider adopting an official option granting policy if we decide to grant additional options in the future.
Our executive officers are not permitted to choose the grant date for their individual equity awards. In prior years when we granted stock options or similar awards, we followed our practice of granting annual awards on April 1st each year and typically granting new hire awards on the 15th of the month following an eligible employee’s start date. Our practice is to not time the grant of stock options or similar awards based on the release of material nonpublic information that is likely to result in changes to the price of our common stock, such as a significant positive or negative earnings announcement, and to not time the public release of such information based on stock option grant dates. During the 2024 calendar year, we did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.
Award Timing Method We have a longstanding practice of granting all annual equity awards on April 1st of every year, which is generally during a trading blackout period, and typically granting any new hire awards on the 15th of the month following the eligible employee’s start date.
Award Timing Predetermined true
Award Timing MNPI Considered false
Award Timing, How MNPI Considered Our practice is to not time the grant of stock options or similar awards based on the release of material nonpublic information that is likely to result in changes to the price of our common stock, such as a significant positive or negative earnings announcement, and to not time the public release of such information based on stock option grant dates.
MNPI Disclosure Timed for Compensation Value false
v3.25.1
Insider Trading Policies and Procedures
 12 Months Ended
Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true