GMS News & Analysis

Etsy (ETSY) Q1 2026 Revenue Hits $631.3 Million, Shares Up 10%

Etsy Inc (ETSY) reported Q1 2026 revenue of $631.3 million, exceeding analyst expectations of $620 million. Adjusted earnings per share reached $0.89, surpassing predictions of $0.62. Shares increased by approximately 10% to $70 in early trading. The company also forecasted Q2 GMS between $2.48 billion to $2.53 billion, indicating 3% to 5% year-over-year growth. Etsy anticipates maintaining an adjusted EBITDA margin of 28% to 30% for full-year 2026, reflecting continued performance improvements and growth initiatives.