earnings
confidence high
sentiment positive
materiality 0.85
Etsy Q1 2026 GMS $2.5B (+5.5% YoY Etsy marketplace); Depop sale to eBay $1.2B closing Q3
ETSY INC
2026-Q1 EPS reported
$0.60
revenue$631,277,000
- Active buyers grew sequentially for first time in two years; new buyers and GMS per buyer up YoY.
- Net income $105M; Adjusted EBITDA $185M (29.3% margin).
- Depop sale to eBay for $1.2B; US/Germany clearance received, closing expected by Q3 2026.
- CEO Laura Garcia steps into role, emphasizing focus on buyer discovery and engagement.
- Etsy marketplace standalone GMS +5.5% YoY, revenue +7.6% YoY; continuing ops GMS -3.9%.