Etsy Q2 revenue $647.8M (+3% YoY), GMS -2.1%; CFO Glaser to retire

ETSY INC

2024-Q2 EPS reported $0.89 revenue$1,293,760,000

Consolidated revenue $647.8M (+3% YoY); net income $53.0M, diluted EPS $0.41.
Consolidated GMS $2.9B (-2.1% YoY); Etsy marketplace GMS $2.5B (-3.2% YoY).
Adjusted EBITDA $179.4M (27.7% margin), above guidance; active buyers 91.5M (+1% YoY).
CFO Rachel Glaser retiring; will stay until successor appointed or Apr 2025 then advisory till Jun 2025.
Repurchased $150M of common stock in Q2; $1.1B cash & investments.

item 2.02 item 5.02 item 7.01 item 9.01

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Departed

Rachel Glaser

Chief Financial Officer

ETSY · ETSY INC

Filed: July 31, 2024, 7:59 PM ET

On July 25, 2024, Rachel Glaser, Etsy’s Chief Financial Officer, notified Etsy that she has decided to retire.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Rachel Glaser departed as Chief Financial Officer at ETSY INC.

Action: retiring
Role: Chief Financial Officer

Exact text from the filing

On July 25, 2024, Rachel Glaser, Etsy’s Chief Financial Officer, notified Etsy that she has decided to retire.

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ETSY INC filing history →

Source: SEC EDGAR

accession 0001370637-24-000041

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