Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Etsy (ETSY)

Etsy Q4 revenue rises 1.2% to $852.2 million as GMS falls 6.8%

Mixed Impact 3 of 5 earnings Written later

Etsy reported fourth quarter 2024 revenue of $852.2 million, up 1.2% year over year, and net income of $129.9 million, up 56.0%. Gross merchandise sales (GMS) fell 6.8% to $3.7 billion, and the company said first quarter 2025 GMS will decline at a rate similar to the fourth quarter, which points to continued weakness in sales volume for shareholders.

Key points

  • Q4 2024 diluted net income per share was $1.03, up from $0.62 a year earlier
  • Full-year 2024 revenue was $2.8 billion, up 2.2%, while full-year net income was $303.3 million, down 1.4%
  • Q1 2025 guidance: GMS decline similar to Q4 2024's 6.8%, take rate about 23%, adjusted EBITDA margin about 25-26%
  • In Q4 2024 Etsy repurchased about $260 million, or 4.9 million shares, of common stock

The filing

CompanyEtsy (ETSY)
Form8-K, current report
Filed with the SECFeb 19, 2025, 7:01 AM ET
Accession number0001370637-25-000015

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.