secwatch.observer — SEC 8-K summary
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Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001370637-26-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Etsy Q1 2026 GMS $2.5B (+5.5% YoY Etsy marketplace); Depop sale to eBay $1.2B closing Q3
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063726000042/0001370637-26-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063726000042/etsy-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001370637-26-000042

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