Etsy reports mixed Q4 results; initiates Q1 and FY26 outlook

  • Etsy press release (ETSY): Q4 GAAP EPS of $0.92 beats by $0.07.
  • Revenue of $881.64M (+3.5% Y/Y) misses by $2.36M.
  • GMS was $3,592.6 million, up 2.4% year-over-year and 1.3% on a currency-neutral basis, excluding Reverb from the prior-year period. On an as reported basis, including Reverb’s fourth

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