Etsy (ETSY) Q4 earnings report 2025

Etsy Shares gained 9% on Thursday after the company said it plans to remove fashion sales app Depop. eBay for approximately $1.2 billion in cash.

Also online marketplace reported Mixed earnings results for the fourth quarter.

Here’s what Etsy did compared to the predictions of analysts surveyed by LSEG:

• Earnings per share: Estimate of 84 cents versus 92 cents.
• Revenues: $882 million versus $885 million estimated

Gross product sales, or the dollar value of products sold, fell 3.8% year over year to $3.59 billion, missing analysts’ estimates of $3.6 billion, according to FactSet. The company attributed the annual decline to the sale of its musical instruments marketplace Reverb, which was completed last June.

The negative results were overshadowed by the Depop deal announced on Wednesday. Etsy CEO Kruti Patel Goyal said in a statement that the sale will allow the company to “focus exclusively on its core market.”

EBay said it is closing in on Depop, a resale app popular with younger consumers, and will strengthen its presence in fashion, which has become one of the fastest-growing categories.

Shares of eBay also rose 3% on Thursday.

In the fourth quarter, Etsy’s net income fell 14.8% annually to $110.7 million, or 92 cents per share, compared with $129.9 million, or $1.03 per share, a year earlier.

The company, known for its craft and craft products market, has recently stepped up its marketing investments as it aims to reach more US consumers.

Etsy is struggling with a tough macroeconomic environment as well as stiffer competition in online retail. The company said in its own statement: annual filing It is under pressure from an ongoing downturn in consumer discretionary spending and “evolving buyer behavior,” it said on Thursday.

Active sellers increased 7.7% year over year to 8.76 million, beating analysts’ forecast of 8.5 million. Active buyers fell 2% year over year to 93.54 million, compared with the 93.1 million Wall Street had forecast.

Etsy projected first-quarter gross product sales to be between $2.38 billion and $2.43 billion; GMS was 2.8 billion dollars a year ago. Analysts were expecting $2.68 billion in GMS.