---
schema_version: "secwatch.filing_event.v1"
accession: "0001370637-23-000070"
form_type: "8-K"
ticker: "ETSY"
cik: "0001370637"
company_name: "ETSY INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:23:06.102664+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Etsy Q2 2023 revenue up 7.5% to $628.9M, active buyers hit 91M all-time high

## Summary
- Consolidated GMS flat at $3.0B, down 0.6% YoY; Etsy marketplace GMS $2.6B down 0.7%.
- Revenue $628.9M (+7.5% YoY); net income $61.9M (-$11.2M YoY), diluted EPS $0.45.
- Non-GAAP Adj. EBITDA $166.2M (26.4% margin); take rate 20.9%.
- Active buyers reached 91M (+3% YoY); acquired 6M new buyers, retention improving.
- Board authorized new $1B stock repurchase program; Q2 repurchased $39M in shares.

## SEC filing metadata
- accession: 0001370637-23-000070
- form_type: 8-K
- ticker: ETSY
- cik: 0001370637
- company_name: ETSY INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370637/000137063723000070/0001370637-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370637/000137063723000070/etsy-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370637-23-000070
- JSON: https://secwatch.observer/filing/0001370637-23-000070.json
- Plain text: https://secwatch.observer/filing/0001370637-23-000070.txt

## Key facts
- Earnings Releases
  ETSY INC reported quarter ended June 30, 2023 results: revenue $628.9 million, net income $61.9 million, EPS $0.45.
  - Period: quarter ended June 30, 2023
  - Revenue: $628.9 million
  - Net income: $61.9 million
  - EPS: $0.45
  - Result: reported results
  source text: Consolidated revenue was $628.9 million, up 7.5% versus the second quarter of 2022, with a take rate (i.e., consolidated revenue divided by consolidated GMS) of 20.9%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370637/000137063723000070/0001370637-23-000070-index.htm

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