Etsy Q3 2026: revenue up 10.9%, net income rises several times over

what happened

According to TradingView, which cites a filing submitted to the SEC, Etsy's third-quarter 2026 revenue reached $692.47 million, up 10.9% from a year earlier. Net income climbed to $853.52 million from $75.5 million, and diluted earnings per share came in at $7.31 versus $0.63.

Gross merchandise sales rose 8.8% to $2.65 billion. Services revenue grew 15%, helped by more clicks on Etsy Ads, while marketplace revenue increased 9.1%. Active sellers rose 6.5% to 5.84 million, and active buyers edged up 1% to 87.5 million.

Paid gross merchandise sales accounted for 26% of the total, compared with 23% a year earlier. In July the company sold Depop to eBay and completed a restructuring that cut the marketplace workforce by roughly 12%.

why it matters

For investors, the key point is the gap between 10.9% revenue growth and a profit figure that rose several times over, a jump the summary does not explain. Stronger advertising income and a bigger share of paid sales show how the platform is earning more, while the Depop sale and job cuts reshape the business. The full filing is the place to check the details.

market impact

Etsy shares: revenue and advertising growth support interest, but one-off profit drivers need clarification

tags

instruments