Etsy (ETSY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Etsy reported revenue of $651.18 million for Q1 2025, a year-over-year increase of 0.8% [1] - The EPS for the same period was $0.46, down from $0.48 a year ago, indicating a decline [1] - The revenue exceeded the Zacks Consensus Estimate of $642.63 million by 1.33%, while the EPS fell short of the consensus estimate of $0.50 by 8% [1] Financial Performance Metrics - Total Gross Merchandise Sales (GMS) were $2.79 million, matching the average estimate from 10 analysts [4] - Active buyers reached 94,779, surpassing the average estimate of 94,400 from seven analysts [4] - Active sellers numbered 8,095, which was below the average estimate of 8,946 from four analysts [4] - Revenue from services was $192.68 million, exceeding the average estimate of $184.12 million by 7.7% year-over-year [4] - Marketplace revenue was $458.50 million, slightly above the estimated $458.22 million, but represented a year-over-year decline of 1.8% [4] Stock Performance - Etsy's shares have returned -5% over the past month, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]