Etsy's top-line growth has slowed to 2.1% in the latest quarter, and SG&A consuming roughly 40.6% of revenue suggests marketing intensity is absorbing most of the 72.7% gross margin, with operating margin of 16.1% appearing vulnerable to take-rate pressure from low-price competitors such as Temu and Shein.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated to 2.1% in the latest quarter while gross margin has held near 72.7% and operating margin has ranged from 10.8% to 19.0%, suggesting pressure is concentrated in SG&A, which reached $280.9M or about 40.6% of revenue.
Etsy operates a global online marketplace for unique, handmade, and vintage items, attracting a diverse buyer and seller base.
TickerTrends Research has published a bullish thesis on Etsy, highlighting potential upside in the stock.
Despite bearish concerns, Etsy's stock price has appreciated by approximately 5.69%, indicating positive market sentiment.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $1.00+30.9% vs $0.76 | $692M+3.5% vs $669M |
Q3 2026 Aug 5, 2026 | $0.98+31.2% vs $0.75 | $668M+3.4% vs $646M |
Q2 2026 Apr 29, 2026 | $0.89+43.5% vs $0.62 | $631M+1.6% vs $621M |
Q1 2026 Feb 19, 2026 | $0.92+4.5% vs $0.88 | $882M-0.3% vs $884M |
ETSY approaches Q3 earnings with expected GMS growth of 4-6%, improving ad monetization and AI-driven engagement, but restructuring charges loom over profits.
Etsy (NASDAQ:ETSY | ETSY Price Prediction) reports third-quarter results on October 28. With a fresh $2 billion buyback authorized and shares up 56.8% year to date, this report tests whether marketplace momentum can offset a shrinking headline revenue line.
Advance Auto Parts is navigating a turnaround while maintaining a balanced split between professional and DIY customers. Etsy operates a highly profitable, asset-light marketplace with over 86 million active global buyers.
Etsy said it's banning AI-made recipes, patterns and instructions from its online marketplace. The company also laid out clearer rules around AI usage on its platform, including barring sellers from creating bot-generated listings without any human involvement.
Benchmark ETSY against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Etsy, Inc. (ETSY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $89.93 | $8.53B | 10.68 | 2.68% | 34.36% | — | — | |
| $121.96 | $54.15B | 26.47 | 7.95% | 16.84% | 46.11% | 0.95% | |
| $12.87 | $1.55B | -148.96 | 15.38% | -1.42% | — | — | |
| $259.30 | $2.79T | 21.03 | 12.38% | 16.9% | 26.71% | — | |
| $148.91 | $193.23B | 90.41 | 30.14% | 15.01% | 16.53% | — | |
| $76.09 | $3.99B | -18.72 | 13.2% | -8.19% | — | — |
Etsy, Inc. (ETSY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Etsy, Inc. (ETSY) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Aug 5, 2026·SEC
Jul 30, 2026·SEC
Get notified when ETSY posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Etsy, Inc. (ETSY) stock FAQ — growth, dividends, profitability & financials explained
Etsy, Inc. (ETSY) reported $2.88B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 3765% more than the $74.6M of fiscal year 2012.
Etsy, Inc. (ETSY) grew revenue by 2.1% over the trailing twelve months, compared with the twelve months before.
Yes. Etsy, Inc. (ETSY) earned $987.5M in net income over the trailing twelve months (a 34.4% net margin).
Etsy, Inc. (ETSY) generated $564.8M in free cash flow over the trailing twelve months.
