Every material Form 8-K Etsy filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Etsy reported third-quarter 2026 revenue of $692.5 million, up 10.9% year over year, with adjusted EBITDA of $210.4 million and a 30.4% margin. The company also said CFO Lanny Baker will leave, staying in his role through March 1, 2027 and advising through July 1, 2027, and it gave a fourth-quarter GMS forecast of $3.46 billion to $3.52 billion, up 5% to 7%.
Q3 2026 revenue $692.5 million, up 10.9% year over year; GMS $2.6 billion, up 8.8%
Adjusted EBITDA $210.4 million, up 14.6%, a 30.4% margin
Q4 2026 GMS outlook $3.46 billion to $3.52 billion, up 5% to 7% year over year
Charles (Lanny) Baker to remain CFO through March 1, 2027 and advise through July 1, 2027; search for successor underway
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.
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
Etsy completed its sale of Depop to eBay on July 30, 2026, receiving approximately $1.4 billion in cash, which includes a $1.2 billion purchase price plus $200 million of net adjustments and interest. Etsy plans to use the proceeds for general corporate purposes, including the accelerated share repurchase program outlined in its April 29 Shareholder Letter. The net proceeds remain subject to post-closing adjustments, and the actual gain on sale may differ materially from the $805.0 million pro forma estimate.
Closing date: July 30, 2026. Aggregate cash consideration is about $1.4 billion: $1.2 billion purchase price plus $200 million of net purchase price adjustments and interest.
Net cash proceeds remain subject to post-closing adjustments under the Purchase Agreement.
Pro forma balance sheet as of March 31, 2026 shows a gain on sale of $805.0 million; Etsy says the actual gain will be based on Depop's carrying value at closing and may differ materially.
Etsy plans to use proceeds for general corporate purposes, including accelerating its share repurchase program. A Second Amendment to the credit agreement with JPMorgan Chase Bank, N.A. dated July 30, 2026 is filed as Exhibit 10.1.
Etsy and eBay amended their agreement for eBay to acquire Depop, Etsy's wholly owned subsidiary, on July 12, 2026. The UK Competition and Markets Authority cleared the transaction on July 15, 2026, and the parties expect it to close on July 30, 2026. The amendment also changes the termination fee terms and moves the purchase price adjustment measurement date to July 17, 2026.
The UK Competition and Markets Authority cleared the Depop sale on July 15, 2026; closing is expected July 30, 2026.
The Second Amendment, dated July 12, 2026, sets the termination fee payable to Etsy at $68 million for terminations after June 30, 2026 and on or before July 15, 2026, and at $158 million for terminations after July 15, 2026.
Purchase price adjustment items, other than transaction expenses, will be measured as of 12:01am GMT on July 17, 2026, and eBay will pay interest at SOFR plus 0.40% per annum from that date through closing.
Etsy filed a Form 8-K reporting entry into a material definitive agreement under Item 1.01: a letter agreement dated May 21, 2026 with eBay Inc., filed as Exhibit 2.1. The filing itself does not describe the agreement's terms, so the financial effect and strategic purpose cannot be assessed from this document alone.
Item 1.01 (Material Definitive Agreement) was disclosed, with the agreement dated May 21, 2026
Counterparty is eBay Inc.; the letter agreement is filed as Exhibit 2.1
The filing does not state the agreement's terms, dollar amounts, or obligations
The report was signed May 28, 2026 by Colin Stretch, Chief Legal Officer
Etsy reported first-quarter 2026 results on April 29, 2026, with Etsy marketplace GMS of $2.5 billion, up 5.5% year over year, and revenue of $631 million. The company now expects low single-digit full-year GMS growth, which it said improved from its mid-February view, while the $1.2 billion sale of Depop to eBay is expected to close by the end of the third quarter of 2026.
Etsy marketplace GMS was $2.5 billion, up 5.5% year over year; revenue was $631 million and take rate was 25.7%.
Adjusted EBITDA was $185 million, a 29.3% margin; operating cash flow from continuing operations was $102.5 million.
Q2 2026 GMS outlook is $2.48 billion to $2.53 billion; full-year Etsy marketplace GMS growth is expected to be in the low single-digit range.
The Depop sale to eBay is priced at $1.2 billion with closing expected by the end of Q3 2026; Etsy repurchased about $145 million of stock in Q1.
Etsy reported fourth quarter 2025 revenue of $881.6 million, up 3.5% from a year earlier as reported, while net income fell 14.8% to $110.7 million and diluted earnings per share fell to $0.92 from $1.03. The company also agreed to sell its Depop unit to eBay for $1.2 billion in cash, with closing expected in the second quarter of 2026, and guided to slight gross merchandise sales growth for 2026 on continuing operations.
Q4 2025 gross merchandise sales (GMS) were $3.59 billion, down 3.8% as reported and up 2.4% excluding Reverb, which Etsy sold on June 2, 2025.
Full-year 2025 net income was $163.0 million, down 46.3%, and diluted EPS was $1.39 versus $2.35 in 2024.
Etsy agreed to sell Depop to eBay Inc. for $1.2 billion in cash; closing is expected in the second quarter of 2026.
First quarter 2026 GMS guidance is $2.38 billion to $2.43 billion, with the company expecting slight GMS growth for full-year 2026.
Etsy signed an agreement on February 15, 2026 to sell its Depop fashion resale marketplace subsidiary to eBay for approximately $1.2 billion in cash, subject to purchase price adjustments. The deal is expected to close in the second quarter of 2026, subject to antitrust approvals and other closing conditions. Etsy said it will use the proceeds for general corporate purposes, continued share repurchases and investment in its core marketplace.
Purchase price is approximately $1.2 billion in cash, subject to adjustments for Depop's working capital, transaction expenses, cash, indebtedness and certain forfeited equity awards
Expected closing is the second quarter of 2026; outside date is November 15, 2026, extendable to February 15, 2027 for antitrust approvals
Purchaser would pay Etsy a $90 million termination fee in certain antitrust-related terminations and an additional $70 million fee on certain other termination events
Etsy will report fourth quarter and full year 2025 results and first quarter 2026 outlook the day after this announcement, per the press release
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Etsy filing is on SEC EDGAR ↗. 8-K briefs of other companies →