Etsy Inc

ETSY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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EBay Earnings: Firm Ends Fiscal 2025 in Style With Acquisition of Depop; Shares Rich

Dan Wasiolek , Divya Banerjee

Feb 19, 2026

EBay's fourth-quarter revenue rose 15% on strong gross merchandise volume of $21.2 billion, up 10%. However, operating margin slipped to 20.3% from 21.1%. For fiscal 2025, revenue grew 8%, and GMV increased 7%. Separately, the firm announced the acquisition of Depop from Etsy.

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Etsy Inc

EBay Earnings: Firm Ends Fiscal 2025 in Style With Acquisition of Depop; Shares Rich

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