Back to top

Image: Bigstock

Here's What Key Metrics Tell Us About Etsy (ETSY) Q1 Earnings

Read MoreHide Full Article

For the quarter ended March 2026, Etsy (ETSY - Free Report) reported revenue of $631.28 million, down 3.1% over the same period last year. EPS came in at $0.89, compared to $0.46 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $616.46 million, representing a surprise of +2.4%. The company delivered an EPS surprise of +43.87%, with the consensus EPS estimate being $0.62.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Etsy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total GMS: $2.46 million versus $2.41 million estimated by seven analysts on average.
  • Active buyers: 86,600 versus the five-analyst average estimate of 87,788.
  • Active sellers: 5,600 versus 5,608 estimated by three analysts on average.
  • Revenue- Services: $198.5 million versus $189.13 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +3% change.
  • Revenue- Marketplace: $432.77 million compared to the $432.45 million average estimate based on seven analysts. The reported number represents a change of -5.6% year over year.

View all Key Company Metrics for Etsy here>>>

Shares of Etsy have returned +26.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in