From Nasdaq: 2025-05-02 10:40:00

Etsy’s stock price has fallen 19.7% year to date, underperforming the Retail and Wholesale sector and the Internet-Commerce industry. Earnings per share for the first quarter of 2025 was 46 cents, missing estimates by 8%. However, revenues increased 0.8% to $651.2 million, beating estimates by 1.33%. The company repurchased $189 million of its own stock in the quarter.

Marketplace revenues declined 1.8% to $458.5 million, but services revenues increased 7.7% to $192.7 million. The active buyer base decreased 1.7% to 94.8 million, while the active seller base dropped 11.3% to 8.1 million. Consolidated GMS was down 6.5% to $2.8 billion.

Operating expenses increased by 23.2% to $481.4 million, with an operating loss of $22.3 million. Cash and cash equivalents decreased to $649.2 million. For Q2 2025, Etsy expects a 23.3% take rate and a decline in consolidated GMS similar to Q1.

Etsy currently has a Zacks Rank #5 (Strong Sell). Better-ranked stocks in the sector include Alibaba, Carvana, and Canada Goose, each with a Zacks Rank #2 (Buy). Etsy’s Q1 earnings miss and challenging Q2 outlook raise concerns for investors.



Read more at Nasdaq: Etsy’s Q1 Earnings Miss Estimates, Challenging Q2 View Raises Concerns