Rachel Glaser
On July 25, 2024, Rachel Glaser, Etsy’s Chief Financial Officer, notified Etsy that she has decided to retire.
Highest-materiality recent filing
Etsy Q2 GMS +7.5% YoY, net income $114M; announces 12% workforce reduction and $2B buyback
Q2 Etsy marketplace GMS $2.6B (+7.5% YoY); revenue $668M (+9.3% YoY); net income $114M (+$67M YoY).
Etsy completes sale of Depop to eBay for ~$1.4B in cash
Aggregate cash consideration of ~$1.4B: $1.2B base price plus $200M net adjustments and interest.
Etsy's sale of Depop to eBay cleared by UK CMA; closing expected July 30, 2026
UK Competition and Markets Authority cleared the transaction on July 15, 2026.
Etsy Reports Shareholder Votes from 2026 Annual Meeting
Shareholders elected M. Michele Burns, Josh Silverman, and Fred Wilson as Class II directors, with Silverman receiving 64,027,414 votes for.
Etsy gets up to $136M termination fee from eBay if Depop deal fails after July 31
New Business Disruption Fee ranges $0–$136M depending on termination date: $34M by June 30, $68M by July 15, $102M by July 31, $136M after.
Etsy Q1 2026 GMS $2.5B (+5.5% YoY Etsy marketplace); Depop sale to eBay $1.2B closing Q3
Active buyers grew sequentially for first time in two years; new buyers and GMS per buyer up YoY.
Etsy Q4 2025 revenue $881.6M, Adj EBITDA margin 25.2%; sells Depop to eBay for $1.2B
Q4 2025 consolidated GMS $3.59B (-3.8% YoY as reported, +2.4% ex-Reverb); revenue $881.6M (+3.5%); net income $110.7M, diluted EPS $0.92.
Etsy sells Depop to eBay for ~$1.2B cash; expects close Q2 2026, proceeds for buybacks
eBay acquires Depop for ~$1.2B cash; Etsy to focus on core marketplace and use proceeds for share repurchases and investment.
New $750M buyback authorization; combined with ~$200M remaining gives near $1B total capacity.
Etsy names Kruti Patel Goyal as CEO effective Jan 1, 2026; Josh Silverman becomes Executive Chair
Kruti Patel Goyal, current President and Chief Growth Officer, will become CEO and join the Board effective Jan 1, 2026.
Etsy Q3 beats expectations; consolidated GMS returns to growth excl Reverb; Depop surges 39%
Consolidated Q3 GMS $2.72B, up 0.9% YoY (excl Reverb); revenue $678M, up 6.1%; Adjusted EBITDA $172M, margin 25.4%.
Etsy to transfer stock listing from Nasdaq to NYSE effective October 13, 2025
Listing on Nasdaq ends at market close on October 10, 2025; trading on NYSE begins at open on October 13, 2025.
Etsy Q2 revenue $672.7M (+3.8% YoY), net income $28.8M; GMS down 4.8%; Q3 guidance issued
Revenue $672.7M (+3.8% YoY), net income $28.8M (down 45.6% YoY); non-GAAP EBITDA $169.0M (margin 25.1%).
Etsy shareholders elect three Class I directors, approve all proposals at annual meeting
C. Andrew Ballard, Margaret M. Smyth, and Marc Steinberg elected as Class I directors to serve until 2028.
Etsy closes $700M convertible note offering; repurchases 2.5M shares for $150M
Issued $700M aggregate principal of 1.00% Convertible Senior Notes due 2030; conversion price $85.79 (42.5% premium over June 11 close).
Etsy completes sale of Reverb musical instrument marketplace to Servco Pacific affiliate
Disposition of Reverb Holdings, Inc. completed on June 2, 2025.
Etsy Q1 net loss of $52M on $101.7M Reverb impairment; GMS falls 6.5%
Consolidated GMS $2.8B (-6.5% YoY); revenue $651M (+0.8%); net loss $52.1M vs net income $63M.
Etsy entered into agreement to divest Reverb Holdings to Reverb IntermediateCo LLC, an affiliate of Servco Pacific and Creator Partners.
Etsy Reports Q4 and Full Year 2024 Results; Q4 Revenue Up 1.2% to $852M, GMS Down 6.8%
Consolidated Q4 revenue reached record $852.2M, up 1.2% YoY; net income $129.9M, up 56%.
Etsy Board approves 2024 Inducement Plan reserving 1M shares for new-hire equity grants
Etsy, Inc. Board approved 2024 Inducement Plan on December 12, 2024.
Kruti Patel Goyal, current Depop CEO, becomes President & Chief Growth Officer effective Jan 1, 2025.
Etsy Q3 revenue up 4.1% to $662.4M; Adj. EBITDA margin 27.7%; board approves new $1B buyback
Consolidated GMS $2.9B, down 4.1% YoY; Etsy marketplace GMS $2.5B, down 6.0% YoY.
Etsy Q2 revenue $647.8M (+3% YoY), GMS -2.1%; CFO Glaser to retire
Consolidated revenue $647.8M (+3% YoY); net income $53.0M, diluted EPS $0.41.
Etsy shareholders approve 2024 Equity Incentive Plan adding up to ~20.2M shares
Plan adds 8M shares plus returning shares from prior plans; reserve capped at 20,182,314 shares.
Etsy Q1 GMS falls 3.7% YoY; net income down to $63M as consumer discretionary weakness persists
Consolidated GMS $3.0B, down 3.7% YoY; Etsy marketplace GMS $2.6B, down 5.3% YoY.
Etsy Q4 2023 revenue record $842M, EBITDA record $236M; active buyers hit 92M
Q4 consolidated revenue $842.3M (+4.3% YoY); GMS $4.0B (-0.7% YoY).
Etsy appoints Elliott Management's Marc Steinberg to board, effective Feb 5, 2024
Marc Steinberg (Elliott Investment Management) appointed to Etsy board as Class I director, effective Feb 5.
Restructuring plan approved Dec 12, 2023; ~225 employees (~11% of marketplace workforce) eliminated.
Etsy amends bylaws to adopt majority voting for director elections
Board changed voting standard from plurality to majority for uncontested director elections.
Etsy Q3 revenue $636M (+7% YoY), net income $87.9M, active buyers 92M record
Consolidated GMS $3.0B, up 1.2% YoY; Etsy marketplace GMS $2.7B, up 1.0% YoY.
Etsy closes sale of Brazil-based Elo7 marketplace to Enjoei S.A.
Sale of parent holding company of Elo7 Serviços de Informática completed on August 10, 2023.
Etsy Q2 2023 revenue up 7.5% to $628.9M, active buyers hit 91M all-time high
Consolidated GMS flat at $3.0B, down 0.6% YoY; Etsy marketplace GMS $2.6B down 0.7%.
Etsy agrees to sell Elo7 to Enjoei S.A.; expects Q3 2023 close
Etsy entered a quota purchase agreement to sell Elo7, its Brazil-based marketplace, to Enjoei S.A.
Etsy board authorizes $1B stock repurchase program replacing $600M plan
New June 2023 program allows repurchase of up to $1B of common stock with no time limit.
Etsy Q1 2023: GMS down 4.6% YoY, revenue up 10.6%, net income $74.5M
Consolidated GMS $3.1B (-4.6% YoY); Etsy marketplace GMS $2.7B (-4.7% YoY).
Etsy enters $400M senior secured revolving credit facility maturing 2028
New $400M revolver replaces 2019 facility; matures March 2028; $60M LC and $20M swingline sublimits.
Etsy Q4 revenue rises 12.6% to $807.2M; net income falls 32.2% to $109.5M; GMS down 4% YoY
Revenue $807.2M (+12.6% YoY); net income $109.5M (-32.2% YoY); diluted EPS $0.77.
Etsy amends bylaws to add proxy access for 3% holders for 3+ years
Proxy access allows a stockholder or group of up to 20 to nominate up to 2 directors or 20% of board (greater).
Etsy reports Q3 net loss of $963.1M on $1B goodwill impairment; revenue up 11.7%
Net loss of $963.1M vs prior-year income; diluted EPS loss of $7.62 includes $8.20 impairment impact.
Etsy names Rachana Kumar as CTO effective Jan 1, 2023; current CTO Mike Fisher to depart
Mike Fisher steps down as CTO Dec 31, 2022, stays advisory through April 2023.
Etsy Q2 2022: GMS flat at $3.0B, revenue up 10.6% to $585M, EPS $0.51
Consolidated GMS $3.0B (-0.4% YoY); Etsy marketplace GMS $2.6B (-6% YoY); ~6M new buyers added.
Etsy names Kruti Patel Goyal CEO of Depop, promotes Nick Daniel to CPO
Kruti Patel Goyal becomes Depop CEO on Sept 12; leaves Etsy CPO role July 29.
Etsy shareholders elect directors at annual meeting; Ballard appointed to compensation committee
C. Andrew Ballard elected with 94.5M votes for, 0.3M withheld; Jonathan Klein (62.9M for) and Margaret Smyth (59.3M for) also elected.
Etsy Q1 revenue up 5.2% to $579.3M; net income falls 40.1%, EPS $0.60
Consolidated GMS $3.3B (+3.5% YoY); Etsy marketplace GMS $2.8B (-2% YoY).
Etsy names Raina Moskowitz COO and Kim Seymour CHRO effective March 22 and April 26, 2022
Raina Moskowitz, previously Chief Operations, Strategy and People Officer, becomes COO effective March 22, 2022.
Etsy Q4 revenue $717.1M (+16.2% YoY), net income $161.6M, record GMS $4.2B
Consolidated GMS record $4.2B, +16.5% YoY; Etsy marketplace GMS $3.8B, +11.8% YoY.
Etsy Q3 GMS up 18% to $3.1B, revenue $532M; appoints Marla Blow to board
Consolidated GMS $3.1B (+17.9% YoY); Etsy marketplace GMS ex-masks +23.7% YoY.
Etsy extends Brooklyn headquarters lease to 2039; annual rent ~$12.6M
First Amendment to Lease signed Oct 7, 2021, effective Oct 1, 2021.
Etsy appoints C. Andrew Ballard to Board of Directors effective Sept 30, 2021
Ballard appointed as Class I director for term expiring at 2022 annual meeting.
Director Edith Cooper resigns from Etsy board effective Sept 14, 2021
Resignation is voluntary to focus on other commitments and not due to any disagreement.
On July 25, 2024, Rachel Glaser, Etsy’s Chief Financial Officer, notified Etsy that she has decided to retire.
appointed Marc Steinberg to the Board to serve as a Class I director (for a term expiring at the 2025 annual meeting of stockholders), effective February 5, 2024.
Raina Moskowitz, formerly Chief Operating Officer, will assume the title of Chief Operating and Marketing Officer, responsible for driving global growth by expanding brand consideration and deepening customer trust and loyalty.
In connection with the Restructuring Plan, Etsy announced the departure of Ryan Scott, Chief Marketing Officer, effective December 31, 2023.
Rachana Kumar, currently Etsy’s Vice President of Engineering, will assume the role of Chief Technology Officer effective January 1, 2023.
Michael Fisher will step down from his role as Etsy's Chief Technology Officer, effective December 31, 2022.
Nicholas Daniel, currently Etsy's VP of Product Management, will assume the role of Chief Product Officer.
Ms. Patel Goyal will step down from her current role as Etsy's Chief Product Officer effective July 29, 2022
On March 22, 2022, Etsy, Inc. (“Etsy” or the “Company”) announced the appointment of Raina Moskowitz, age 39, as Etsy’s Chief Operating Officer, effective March 22, 2022.
On November 1, 2021, Marla Blow was appointed to the Board of Directors of Etsy, Inc. ("Etsy") to serve as a Class III director (for a term expiring at the 2024 annual meeting of stockholders), effective November 30, 2021.
On September 20, 2021, C. Andrew Ballard was appointed to the Board of Directors of Etsy, Inc. ("Etsy") to serve as a Class I director (for a term expiring at the 2022 annual meeting of stockholders), effective September 30, 2021.
On September 14, 2021, Edith W. Cooper, a member of the Board of Directors of Etsy, Inc. ("Etsy"), informed Etsy of her decision to resign as a director of Etsy, effective September 14, 2021, in order to focus on other commitments.
Max materiality 0.90 · Median 0.68 · Most common event earnings