---
schema_version: "secwatch.filing_event.v1"
accession: "0001370637-24-000011"
form_type: "8-K"
ticker: "ETSY"
cik: "0001370637"
company_name: "ETSY INC"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:52:47.401942+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Etsy Q4 2023 revenue record $842M, EBITDA record $236M; active buyers hit 92M

## Summary
- Q4 consolidated revenue $842.3M (+4.3% YoY); GMS $4.0B (-0.7% YoY).
- Net income $83.3M (-24% YoY) due to $27M restructuring costs; EPS $0.62.
- Adjusted EBITDA record $235.5M (28% margin); FY 2023 consolidated Adj. EBITDA $754M at 27.4% margin.
- Active buyers all-time high 92M (+3% YoY); record nearly 10M lapsed buyers reactivated.
- Q4 share repurchases ~$93M (1.35M shares); CFO notes shift to returning higher % of FCF.

## SEC filing metadata
- accession: 0001370637-24-000011
- form_type: 8-K
- ticker: ETSY
- cik: 0001370637
- company_name: ETSY INC
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370637/000137063724000011/0001370637-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370637/000137063724000011/etsy-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370637-24-000011
- JSON: https://secwatch.observer/filing/0001370637-24-000011.json
- Plain text: https://secwatch.observer/filing/0001370637-24-000011.txt

## Key facts
- Earnings Releases
  ETSY INC reported fourth quarter and full year ended December 31, 2023 results: revenue $842.3 million, net income $83.3 million, EPS $0.62.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: $842.3 million
  - Net income: $83.3 million
  - EPS: $0.62
  - Result: reported results
  source text: over 7 million. ◦ GMS ex-U.S. domestic for the Etsy marketplace was 47% of overall GMS, with GMS ex-U.S. domestic up 4% year-over-year. • Consolidated revenue reached a record $842.3 million, up 4.3% versus the fourth quarter of 2022, with take rate (i.e., consolidated revenue divided by consolidated GMS) of 21%. Solid revenue growth was primarily driven by growth in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370637/000137063724000011/0001370637-24-000011-index.htm

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