Etsy, Inc.ETSY
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Etsy beat Q2 estimates, raised 2026 outlook, and authorized a $2B buyback.
Impact on stocks 2
Consumer Discretionary
Etsy, Inc.
Carvana CoCVNA
Mentioned
Etsy reported second-quarter earnings of $1.34 per share, beating the Zacks Consensus Estimate by 14.53%, with revenues rising 6.2% year over year to $668 million, surpassing expectations by 2.87%. The company's marketplace revenue, which accounted for 68.2% of total revenue, grew 4.8% to $456.1 million, while services revenue, making up the remaining 31.8%, increased 9.3% to $212.2 million. Etsy also authorized a new $2 billion share repurchase program and repurchased 3.9 million shares for $250 million during the quarter. Management raised its 2026 outlook, now expecting mid-single-digit GMS growth and an adjusted EBITDA margin of 29% to 30%. The stock has declined 0.3% since the earnings report, underperforming the S&P 500, but has a Zacks Rank #1 (Strong Buy).
Etsy, Inc.Etsy beat Q2 estimates, raised 2026 outlook, and authorized a $2B buyback.
Carvana Co