secwatch.observer — SEC 8-K summary
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Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001370637-22-000078
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Etsy reports Q3 net loss of $963.1M on $1B goodwill impairment; revenue up 11.7%
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- Net loss of $963.1M vs prior-year income; diluted EPS loss of $7.62 includes $8.20 impairment impact.
- Consolidated revenue $594.5M (+11.7% YoY); GMS $3.0B (-3.3% YoY, +0.7% currency-neutral).
- Non-GAAP Adjusted EBITDA $167.8M, margin 28% (-500 bps YoY).
- Etsy marketplace GMS $2.6B (-3.8% YoY; +134% vs Q3 2019); acquired ~6M new buyers.
- Repurchased $151M in stock during Q3; ended with $1.1B cash and investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063722000078/0001370637-22-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063722000078/etsy-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001370637-22-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer