earnings
confidence high
sentiment neutral
materiality 0.70
Etsy Q3 revenue $636M (+7% YoY), net income $87.9M, active buyers 92M record
ETSY INC
2023-Q3 EPS reported
$1.62
revenue$1,906,055,000
- Consolidated GMS $3.0B, up 1.2% YoY; Etsy marketplace GMS $2.7B, up 1.0% YoY.
- Revenue $636.3M (+7% YoY), net income $87.9M ($0.64 diluted EPS).
- Non-GAAP adjusted EBITDA $182.2M, margin 28.6%.
- Active buyers 92M all-time high, up 4% YoY; 6M new buyers acquired, reactivated 6M.
- Repurchased $297M of stock in Q3 (3.9M shares) under repurchase program.