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Etsy beats Q1 revenue and earnings estimates, shares jump 10% on strong sales and outlook

Company Fundamentals
29 Apr 2026
Proactive Investors
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Bullish
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Etsy reported first-quarter revenue of $631.3 million and adjusted earnings per share of $0.89, both surpassing analyst expectations. The company saw a 5.5% increase in gross merchandise sales to $2.5 billion, driven by higher consumer demand, app usage, and marketing improvements. Etsy raised its full-year 2026 growth outlook with expected low single-digit GMS growth and maintained adjusted EBITDA margin guidance of 28% to 30%. This strong performance and positive guidance boosted investor confidence, lifting shares about 10% in early trading.

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