{"schema_version":"secwatch.filing_event.v1","accession":"0001370637-25-000038","form_type":"8-K","ticker":"ETSY","cik":"0001370637","company_name":"ETSY INC","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.085663+00:00","generated_at":"2026-05-23T02:08:23.517228+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Etsy Q1 net loss of $52M on $101.7M Reverb impairment; GMS falls 6.5%","bullets":["Consolidated GMS $2.8B (-6.5% YoY); revenue $651M (+0.8%); net loss $52.1M vs net income $63M.","Etsy marketplace GMS $2.3B (-8.9% YoY); active buyers 88.5M (-3.4%); habitual buyers 6.2M (-11%).","Non-GAAP adjusted EBITDA $171.1M (26.3% margin); Q2 guidance ~25% adjusted EBITDA margin.","Goodwill impairment of $101.7M on Reverb; definitive agreement signed to sell Reverb announced April 22.","Repurchased $189M shares in Q1; cash and investments $997M."],"urls":{"canonical":"https://secwatch.observer/filing/0001370637-25-000038","json":"https://secwatch.observer/filing/0001370637-25-000038.json","markdown":"https://secwatch.observer/filing/0001370637-25-000038.md","text":"https://secwatch.observer/filing/0001370637-25-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370637/000137063725000038/0001370637-25-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370637/000137063725000038/etsy-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:08:23.517228+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}