secwatch.observer — SEC 8-K summary
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Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001370637-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063723000010/0001370637-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063723000010/etsy-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001370637-23-000010

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