eBay reported financial results yesterday for its third quarter ended September 30, 2002 (Q3-02). eBay users transacted a record $3.77 billion in gross merchandise sales (GMS) during the third quarter, representing a 60% year-over-year increase from the $2.36 billion reported in Q3-01.

eBay reported consolidated net revenues totaling a record $288.8 million. Consolidated net income for the quarter was a record $61 million.

eBay now has five categories that generate more than $1 billion in worldwide GMS, based on Q3-02 annualized GMS: eBay Motors at $3.8 billion, Computers at $1.6 billion, Consumer Electronics at $1.4 billion, Books/Movies/Music at $1.2 billion and Sports at $1 billion.

eBay hosted a record 160 million listings during the quarter, representing a 47% year-over-year increase from the 109 million reported in Q3-01.

“eBay continues to deliver terrific performance quarter after quarter,” said Meg Whitman, President and CEO of eBay. “Our success results from our thriving community of users – buyers looking for practically everything and sellers using eBay to build their businesses.”

Gross profit totaled a record $243.4 million, or 84% of quarterly net revenues, up from the 82% gross profit reported in Q3-01.