---
schema_version: "secwatch.filing_event.v1"
accession: "0001370637-22-000047"
form_type: "8-K"
ticker: "ETSY"
cik: "0001370637"
company_name: "ETSY INC"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:31:56.881856+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Etsy Q1 revenue up 5.2% to $579.3M; net income falls 40.1%, EPS $0.60

## Summary
- Consolidated GMS $3.3B (+3.5% YoY); Etsy marketplace GMS $2.8B (-2% YoY).
- Net income $86.1M, down 40.1% from Q1 2021; diluted EPS $0.60.
- Non-GAAP Adjusted EBITDA $159.2M, margin 27.5% (down 600 bps YoY).
- Etsy marketplace added ~7M new buyers; non-U.S. GMS was 45% of total.
- Repurchased $63M of common stock in Q1; ended quarter with $1.0B cash.

## SEC filing metadata
- accession: 0001370637-22-000047
- form_type: 8-K
- ticker: ETSY
- cik: 0001370637
- company_name: ETSY INC
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370637/000137063722000047/0001370637-22-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370637/000137063722000047/etsy-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370637-22-000047
- JSON: https://secwatch.observer/filing/0001370637-22-000047.json
- Plain text: https://secwatch.observer/filing/0001370637-22-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.