Etsy Earnings Reports

Etsy reported record revenue of $852.2 million in Q4 2024, growing 1.2% year-over-year. However, consolidated GMS declined by 6.8% due to pressures on consumer discretionary spending and a highly competitive retail environment. Net income rose 56% year-over-year to $129.9 million, benefiting from the absence of prior-year restructuring costs. Non-GAAP adjusted EBITDA also reached a record $250.6 million with a margin of 29.4%.

Etsy, Inc. announced its third quarter 2024 results, with consolidated revenue up 4.1% year-over-year to $662.4 million and a net income of $57.4 million. The company's board of directors approved a new $1 billion stock repurchase program.

Etsy, Inc. reported Q2 2024 results with consolidated revenue up 3.0% year-over-year to $647.8 million and consolidated net income of $53.0 million. The company saw a decrease in consolidated GMS by 2.1% year-over-year. Active buyers increased by 1.0% year-over-year to 91.5 million.

Etsy's first quarter 2024 results showed a slight increase in consolidated revenue but a decrease in consolidated GMS and net income compared to the same period last year. The company is focused on improving customer experiences to drive buyer consideration and frequency.

Etsy reported its Q4 2023 results, achieving record consolidated revenue of $842.3 million, a 4.3% increase year-over-year. Active buyers reached an all-time high of 92 million, and the company saw improvements in United States active buyer trends and strong international buyer growth. Consolidated GMS was $4.0 billion, a slight decrease of 0.7% year-over-year.

Etsy, Inc. reported its third quarter 2023 results, with consolidated revenue up 7.0% year-over-year to $636.3 million and a net income of $87.9 million. The company saw growth in active buyers and made progress in product development and marketing, while navigating a challenging macroeconomic environment.

Etsy's Q2 2023 results showed flat consolidated GMS at $3.0 billion, but revenue increased by 7.5% to $628.9 million. The number of active buyers reached a new all-time high, and there were encouraging signs of stabilization in GMS per buyer and habitual buyer trends.

Etsy's consolidated revenue increased by 10.6% year-over-year to $640.9 million, while consolidated GMS decreased by 4.6% year-over-year to $3.1 billion. The Etsy marketplace grew active buyers by 1% year-over-year to 89.9 million. Consolidated net income was $74.5 million, down $11.6 million year-over-year.

Etsy, Inc. reported a 12.6% year-over-year increase in consolidated revenue, reaching a record $807.2 million in Q4 2022. Consolidated net income was $109.5 million, with diluted earnings per share of $0.77.

Etsy's Q3 2022 results showed a strong business performance despite a volatile environment. Consolidated revenue increased by 11.7% year-over-year to $594.5 million, while GMS decreased slightly by 3.3% year-over-year to $3.0 billion. The company reported a net loss of $963.1 million, primarily due to an impairment charge, but maintained a solid Non-GAAP Adjusted EBITDA of $167.8 million.

Etsy's second quarter results showed a revenue increase of 10.6% year-over-year, driven by the Etsy marketplace transaction fee increase and the addition of Depop and Elo7. Despite facing macroeconomic headwinds, the company maintained profitability and continued to invest in customer experiences and growth initiatives.

Etsy, Inc. reported a 5.2% increase in consolidated revenue to $579.3 million and a 3.5% increase in consolidated GMS to $3.3 billion for the first quarter of 2022. Net income was $86.1 million, with diluted earnings per share of $0.60.

Etsy, Inc. reported a strong fourth quarter and full year 2021, with record GMS of $4.2 billion, up 16.5% year-over-year, and revenue of $717.1 million, up 16.2% year-over-year. Net income increased to $161.6 million, and non-GAAP Adjusted EBITDA reached a record $218.8 million.

Etsy, Inc. reported its Q3 2021 results, with consolidated GMS increasing by 17.9% year-over-year to $3.1 billion and consolidated revenue increasing by 17.9% to $532.4 million. Net income was $89.9 million, a decrease of 2.0% year-over-year, and non-GAAP Adjusted EBITDA was $174.2 million.

Etsy reported strong year-over-year growth in the second quarter of 2021, with GMS up approximately 13% and revenue up approximately 23%. The company also completed the acquisitions of Depop and Elo7 in early July.

Etsy reported strong first-quarter results, with significant growth in GMS, revenue, and net income. The company's investments in product and marketing drove increased buyer engagement and frequency, contributing to healthy adjusted EBITDA margins.

Etsy reported a transformative year, with significant growth in GMS and revenue. The company focused on improving buyer engagement and retention, expanding its global reach, and investing in technology.

Etsy, Inc. reported a strong third quarter in 2020, with significant growth in consolidated GMS and revenue, increasing by 119% and 128% respectively. The company's performance was driven by increased buyer retention and frequency, as well as successful investments in product and marketing.

Etsy, Inc. reported extremely strong second-quarter results, with consolidated GMS increasing by 146% and revenue increasing by 137%. The company's success is attributed to the agility of their team, the strength of their brand, the innovation of their sellers, and the unique inventory on the Etsy marketplace.

Etsy reported a 32.2% increase in consolidated GMS and a 34.7% increase in revenue year-over-year. The company's marketplace model allowed it to respond rapidly to changing conditions, resulting in solid profitability for the quarter, despite a decline in net income due to foreign exchange losses.

Etsy reported a strong Q4 2019 with consolidated GMS growing by 32.8% and revenue increasing by 35.0%. The company's investments in marketing, product development, and technology drove the positive results.