Etsy/$ETSY

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About Etsy

Founded in 2005, Etsy operates a leading global marketplace, connecting roughly 87 million active buyers and 6 million sellers of unique, handmade, and vintage goods. In fiscal 2025, the firm generated $2.9 billion in revenue and almost $12 billion in gross merchandise sales. The firm monetizes its marketplace primarily through transaction fees and advertising, with core categories spanning homeware, jewelry, apparel, and craft supplies. The US drives 74% of sales, though its core geographic reach extends to the UK, Germany, Canada, and Australia.
Ticker
$ETSY
Primary listing
NYSE
Employees
2,375

Etsy Metrics

BasicAdvanced
$6.6B
316.63
$0.23
1.82
-

What the Analysts think about Etsy

Analyst ratings (Buy, Hold, Sell) for Etsy stock.
Analyst projections of the future price of Etsy stock.

Bulls say / Bears say

Etsy marketplace GMS rose 7.5% year on year in Q2, its third consecutive quarter of growth. Active buyers increased by about 350,000 sequentially, while repeat and habitual buyer cohorts also edged up for the first time since 2023. (Etsy)
Etsy is monetising the recovery well: Q2 adjusted EBITDA margin reached 29.2%, and management lifted its full-year margin outlook to 29%–30%. Machine-learning improvements to Etsy Ads helped raise ad relevance, seller budget pacing and the take rate. (The Motley Fool, Etsy)
AI search and better product discovery could extend the turnaround by making Etsy’s distinctive inventory easier to find. Oppenheimer upgraded the shares to Outperform, citing AI shopping, product improvements and stronger app engagement, while Etsy is testing conversational commerce with major AI platforms. (CNBC, Digital Commerce 360)
The buyer recovery is still incomplete: active buyers were roughly flat year on year and purchase frequency remained below the prior-year level. GMS per buyer rose 2.8%, but management said higher seller listing prices were still an important contributor, which may be less durable than higher transaction volume. (The Motley Fool)
Growth is expected to moderate after Q2: Etsy guided to 4%–6% marketplace GMS growth for Q3 versus 7.5% in Q2. Management also flagged fading currency support and exposure to tariffs, de minimis changes and discretionary consumer spending, leaving the mid-single-digit full-year outlook vulnerable if demand softens. (The Motley Fool, Etsy)
Etsy faces a trust and differentiation problem if sellers believe copied, drop-shipped or AI-generated goods are crowding out original work. WIRED reported complaints that weak enforcement and poor support are driving some long-standing sellers towards emerging specialist competitors. (WIRED)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

Etsy Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Etsy Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Etsy

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