E-commerce company Etsy Inc. (NASDAQ: ETSY) on Wednesday announced financial results for the first quarter, reporting higher revenues.
- First-quarter consolidated revenue was $640.9 million, up 10.6% from the prior-year quarter
- Net income declined 13.4% year-over-year to $74.5 million from 86.1 million a year earlier
- Consolidated adjusted EBITDA was $170.3 million in the March quarter, up 7% year-over-year
- Etsy ended the first quarter with $1.1 billion in cash and cash equivalents and short- and long-term investments
- The company repurchased an aggregate of approximately $148 million, or 1,205,151 shares during the quarter
- Total GMS declined 4.6% to $3.1 billion and dropped 2.6% on a currency-neutral basis
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
