secwatch.observer — SEC 8-K summary
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Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001370637-24-000050
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Etsy Q3 revenue up 4.1% to $662.4M; Adj. EBITDA margin 27.7%; board approves new $1B buyback
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- Consolidated GMS $2.9B, down 4.1% YoY; Etsy marketplace GMS $2.5B, down 6.0% YoY.
- Revenue $662.4M (+4.1% YoY); net income $57.4M (down $30.5M YoY); diluted EPS $0.45.
- Adjusted EBITDA $183.6M, margin 27.7% (ahead of guidance).
- Board approved new $1B stock repurchase program; $156M shares repurchased in Q3.
- Active buyers 91.2M (-0.4% YoY); habitual buyers 6.8M (-4.8% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063724000050/0001370637-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063724000050/etsy-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001370637-24-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer