Etsy Q3 revenue soars 10.9% to $692 million
Key points
- Etsy (NASDAQ:ETSY) reported third-quarter 2026 revenue of $692.47 million, up 10.9% year over year, while adjusted earnings per share reached $1.
- Gross merchandise sales rose 8.8% to $2.6 billion, and active buyers increased 1% year over year to approximately 88 million.
- Etsy forecast fourth-quarter gross merchandise sales of $3.46 billion–$3.52 billion and announced that CFO Lanny Baker plans to step down in March 2027.
Etsy (NASDAQ:ETSY) reported third-quarter 2026 revenue of $692.47 million, up 10.9% year over year, while adjusted earnings per share reached $1, beating analysts' expectations.
Revenue exceeded the $668.05 million consensus estimate, while gross merchandise sales increased 8.8% to $2.6 billion, marking six consecutive quarters of sequential improvement.
Adjusted EBITDA rose 14.6% to $210.4 million, representing a 30.4% margin, while the marketplace take rate increased 50 basis points to 26.2%.
Active buyers reached approximately 88 million, increasing 1% year over year and returning to annual growth for the first time in two years.
Following the earnings announcement, Etsy shares rose approximately 8%, according to market reports.
Etsy forecasts fourth-quarter 2026 gross merchandise sales of $3.46 billion–$3.52 billion, representing year-over-year growth of 5%–7%, and expects full-year gross merchandise sales growth of approximately 7%.
The company also expects its full-year adjusted EBITDA margin to remain near 30%, while CFO Lanny Baker plans to step down on March 1, 2027, and transition to an advisory role through July 2027.
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