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AI brief of an SEC Form 8-K · Etsy (ETSY)

Etsy Q2 revenue rises to $668 million; raises 2026 outlook and cuts about 220 jobs

Positive Impact 4 of 5 earnings Written later

Etsy reported second-quarter 2026 results with Etsy marketplace revenue up 9.3% year over year to $668 million, and raised its full-year 2026 adjusted EBITDA margin outlook to 29-30% from 28-30%. The company also announced a restructuring that will reduce its workforce by about 220 employees, or roughly 12%, with about $35 million in estimated charges, and its board authorized a new $2 billion share repurchase program.

Key points

  • Q2 2026 Etsy marketplace GMS was $2.6 billion, up 7.5% year over year; revenue was $668 million, up 9.3% for the Etsy marketplace and 6.2% on a continuing operations basis
  • Adjusted EBITDA was $195 million, a 29.2% margin; full-year 2026 GMS growth outlook is mid-single-digit, up from the prior outlook
  • Restructuring plan approved August 3, 2026 cuts about 220 employees, leaving headcount near 1,600, with about $35 million in charges expected to be substantially complete by the end of Q3 2026
  • New $2 billion share repurchase authorization approved August 3, 2026; Depop sale to eBay completed July 30, 2026

The filing

CompanyEtsy (ETSY)
Form8-K, current report
Filed with the SECAug 5, 2026, 4:06 PM ET
Accession number0001370637-26-000079

Items reported: 2.02 Results of Operations2.05 Exit / Restructuring Costs7.01 Regulation FD Disclosure8.01 Other Events

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 August 05, 2026.

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.