earnings
confidence high
sentiment neutral
materiality 0.75
Etsy Q4 revenue rises 12.6% to $807.2M; net income falls 32.2% to $109.5M; GMS down 4% YoY
ETSY INC
2022-FY EPS reported
-$5.48
revenue$2,566,111,000
- Revenue $807.2M (+12.6% YoY); net income $109.5M (-32.2% YoY); diluted EPS $0.77.
- Consolidated GMS $4.0B (-4% YoY); Etsy marketplace GMS $3.7B (-3.5% YoY).
- Record non-GAAP Adjusted EBITDA $227.2M; margin 28% (down ~300 bps YoY).
- Repurchased $150M of common stock in Q4; ended with $1.2B cash/investments.
- Take rate increased to 20% from prior year; new buyers acquired ~9.5M in Q4.