Etsy Inc

ETSY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Etsy Earnings : Gross Merchandise Sales Up as Firm Refocuses With Depop Sale; Shares Undervalued

Dan Wasiolek , Divya Banerjee

Feb 19, 2026

Etsy's fourth-quarter organic gross merchandise sales rose 2.4% to $3.6 billion, in line with guidance of $3.5 billion-$3.65 billion. EBITDA margin was 25.2%, down 420 basis points on increased marketing for Depop, which has since been sold to eBay (closing later this year).

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Etsy Inc

Etsy Earnings : Gross Merchandise Sales Up as Firm Refocuses With Depop Sale; Shares Undervalued

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