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Update: 2025-10-29
Description
Etsy's Q3 earnings beat Wall Street expectations with adjusted earnings of sixty-three cents per share and revenue of six hundred seventy-eight million dollars, a six percent increase from last year. Gross Merchandise Sales grew by one percent, excluding Reverb, with Depop's sales surging by thirty-nine percent. However, Etsy's stock fell five percent due to a cautious Q4 forecast, including a projected Gross Merchandise Sales range of three and a half to three point six five billion dollars and a slightly lower profit margin. Despite positive momentum on the Etsy marketplace, active buyers and sellers decreased by five percent and almost eleven percent, respectively, partly due to a seller set-up fee.
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