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Compared to Estimates, Etsy (ETSY) Q3 Earnings: A Look at Key Metrics

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For the quarter ended September 2026, Etsy (ETSY - Free Report) reported revenue of $692.47 million, up 2.1% over the same period last year. EPS came in at $1.55, compared to $0.63 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $668.97 million, representing a surprise of +3.51%. The company delivered an EPS surprise of +15.67%, with the consensus EPS estimate being $1.34.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: $2.65 million compared to the $2.57 million average estimate based on seven analysts.
  • Revenue- Services: $224.33 million versus the six-analyst average estimate of $215.58 million. The reported number represents a year-over-year change of +6.8%.
  • Revenue- Marketplace: $468.14 million versus the six-analyst average estimate of $455.26 million. The reported number represents a year-over-year change of 0%.

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 -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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