Etsy Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
55.9%projected annual EPS growth
Analyst Coverage
24analysts covering
FY EPS (est.)
$3.44next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release and Webcast | 28 Oct 2026 |
Monitoring Framework
Key Performance Indicators
Etsy Marketplace Standalone Gross Merchandise Sales (GMS) Quarterly2.5BTarget: Low single-digit growth for full year 2026; Q2 2026 GMS guided to $2.48B - $2.53B
Etsy Marketplace Take Rate Quarterly2,570.0%Target: Approximately 25.7% for Q2 2026 and roughly in line with the first half for the full year 2026
Adjusted EBITDA Margin Quarterly2,930.0%Target: 27% - 29% for Q2 2026; 28% - 30% for full year 2026
Active Buyers (Trailing Twelve Months) Quarterly86.6MTarget: Sustained sequential growth and stabilization of the active buyer base
GMS per Active Buyer (Trailing Twelve Months) Quarterly122.0Target: Continued sequential improvement and year-over-year expansion
Watch Items
- Closing of the Depop Sale to eBayTrigger: Delay past the revised target of the end of Q3 2026 due to regulatory reviews in the UK and AustraliaAction: Re-evaluate the capital allocation timeline, specifically the deployment of the $1.2 billion proceeds for debt retirement and incremental share buybacks
- Active Buyer Base TrajectoryTrigger: A return to sequential contraction (below 86.6 million active buyers)Action: Assess the efficacy of the 'Gift Mode' marketing campaign and product personalization initiatives to determine if the platform's network effect is deteriorating
- Seller Fee and Take Rate PushbackTrigger: Active seller growth turning negative or widespread seller dissatisfaction impacting unique inventory listingsAction: Monitor active seller counts (currently 5.6 million) and evaluate if aggressive monetization is damaging the core marketplace ecosystem
Research as of 19 Jun 2026