Etsy Reports Q3 2026 Growth Driven by Increased GMS and Advertising Services
Etsy (ETSY) reported strong third-quarter 2026 results, highlighted by an 8.8% year-over-year increase in Marketplace Gross Merchandise Sales (GMS) to $2.6 billion. Total revenue rose 10.9% to $692.5 million, supported by a significant 15% jump in services revenue as sellers increasingly utilized advertising tools. Notably, the company saw its active buyer count return to growth for the first time in two years, reaching 88 million. The company's profitability improved with an Adjusted EBITDA of $210.4 million and an expanded margin of 30.4%. Management attributed these gains to disciplined expense management following a restructuring in August and successful AI-driven personalization improvements. Despite modest headwinds from foreign currency and lower purchase frequency, Etsy maintains a strong liquidity position with $2.5 billion in cash and investments.
Tickers: $ETSY
Topics: active buyers advertising revenue EBITDA GMS revenue growth