---
schema_version: "secwatch.filing_event.v1"
accession: "0001370637-23-000010"
form_type: "8-K"
ticker: "ETSY"
cik: "0001370637"
company_name: "ETSY INC"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:28:43.523773+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Etsy Q4 revenue rises 12.6% to $807.2M; net income falls 32.2% to $109.5M; GMS down 4% YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0001370637-23-000010
- form_type: 8-K
- ticker: ETSY
- cik: 0001370637
- company_name: ETSY INC
- filed_at: 2023-02-22T23:59:59+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/1370637/000137063723000010/0001370637-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370637/000137063723000010/etsy-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370637-23-000010
- JSON: https://secwatch.observer/filing/0001370637-23-000010.json
- Plain text: https://secwatch.observer/filing/0001370637-23-000010.txt

## Key facts
- Earnings Releases
  ETSY INC reported fourth quarter ended December 31, 2022 results: revenue $807.2 million, net income $109.5 million, EPS $0.77.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $807.2 million
  - Net income: $109.5 million
  - EPS: $0.77
  - Result: reported results
  source text: • Consolidated revenue wa s a recor d $807.2 million, up 12.6% y ear-over-year , with t ake rate (i.e., consolidated revenue divided by consolidated GMS) increasing to 20% . • Consolidated net income was $109.5 million, with consolidated net income margin (i.e., net income divided by revenue) of 14%, down 32.2% y ear-over-y ear, with diluted earnings per share of $0.77.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370637/000137063723000010/0001370637-23-000010-index.htm

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