Etsy Inc SEC Filings

Etsy Inc.'s Chief Product & Tech Officer Richard Edward Colburn III reported equity award activity and related tax withholding. On March 1, 2026, 6,464 restricted stock units were converted into an equal number of common shares at $0.00 per share. To cover tax obligations from this vesting, 3,346 common shares were withheld at $54.88 per share. After these transactions, he directly held 8,889 shares of common stock and 84,028 restricted stock units, which each correspond 1-for-1 with Etsy common stock.

Etsy Inc.’s Chief Financial Officer Charles Baker reported open-market sales of 7,638 shares of Etsy common stock on February 24, 2026. These sales were made under a Rule 10b5-1 trading plan adopted on November 12, 2025.

One transaction covered 23 shares at $52.38 per share, and another covered 7,615 shares at $53.79 per share, which the filing notes is a weighted average price for multiple trades between $53.46 and $54.345 per share. After these transactions, Baker directly owned 6,161 Etsy common shares.

Etsy Inc. reported that Chief Product & Tech Officer Richard Edward Colburn III sold 2,500 shares of Etsy common stock in an open-market transaction. The shares were sold at a weighted average price of $51.92 per share. After this sale, he directly holds 5,771 Etsy shares.

Etsy Inc. director Marla J. Blow sold 300 shares of Etsy common stock in pre-arranged open-market transactions. On February 17, 2026, she completed two sales totaling 300 shares at reported prices of $44.63 and $45.72 per share. The filing notes that one reported price is a weighted average, with individual sale prices ranging from $44.27 to $45.22 per share. These transactions were executed under a Rule 10b5-1 trading plan adopted on August 21, 2025. After the sales, she directly owns 8,891 shares of Etsy common stock.

Etsy, Inc. reports 2025 results showing a mixed picture of portfolio reshaping and core marketplace pressure. Total consolidated gross merchandise sales (GMS) were $11,916.9 million, with the Etsy marketplace contributing $10,460.7 million and Depop $1,074.9 million, before planned divestiture.

Etsy agreed to sell Depop to eBay for $1.2 billion in cash, with closing expected in Q2 2026 subject to approvals, and sold Reverb earlier in 2025. The company generated $693.4 million in operating cash flow and $638.8 million in free cash flow, repurchased 14.4 million shares for $777.1 million, authorized a new $750 million buyback, and ended the year with $1.4 billion in cash and equivalents.

Etsy marketplace GMS declined 4% to about $10.5 billion, with active buyers down 3% to 86.5 million and habitual buyers down 9%, even as reactivated buyers grew 4%. Depop’s GMS grew 36.3%. Leadership is transitioning to a new CEO in 2026, and the filing highlights extensive risks from macro conditions, competition, technology and cybersecurity, regulation, and execution of strategy, including the Depop sale.

Etsy, Inc. reported fourth quarter 2025 revenue of $881.6 million, up 3.5% year-over-year, with Gross Merchandise Sales (GMS) of $3.59 billion, down 3.8% as reported due to the earlier sale of Reverb. Net income for the quarter was $110.7 million, and adjusted EBITDA was $222.5 million for a margin of 25.2%. For full year 2025, revenue reached $2.88 billion and net income was $163.0 million, both modestly higher on revenue but lower on profit versus 2024 as margins compressed.

Etsy ended the year with $1.8 billion in cash, cash equivalents, and investments and continued buybacks, repurchasing $133 million of stock in the quarter. The company signed an agreement to sell Depop to eBay for $1.2 billion in cash, expected to close in the second quarter of 2026, after which Depop will be treated as discontinued operations. For first quarter 2026, Etsy guides GMS of $2.38–$2.43 billion, a take rate of about 25.5%, and adjusted EBITDA margin of roughly 28–30%, and it expects slight GMS growth for full year 2026 with positive year-over-year comparisons in every quarter.