Etsy (ETSY)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-05
$91.53-4.89%
Close 2026-11-05 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-05
QuarterlyIQ Insights · ETSY
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within consumer discretionary on a research-validated quality screen. As of 2026-11-04.
The screen ranks ETSY against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated strong grew net income 62% of the time over the next year (vs 50% for the rest of the cohort, n=5250).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
On-Site Discovery and Matching Drive Better Buyer Understanding and Engagement Our investments in discovery and matching are increasingly contributing to GMS momentum.
Stated in 3 of 4 supplied quarters. Management reported: “On-Site Discovery and Matching Drive Better Buyer Understanding and Engagement Our investments in discovery and matching are increasingly contributing to GMS momentum.” “• Expanding and deepening buyer profiles, which now power personalized feeds, recommendations, and owned marketing for four out of five active buyers.” Revenue was $692.469 million in 2026-Q3.
“On-Site Discovery and Matching Drive Better Buyer Understanding and Engagement Our investments in discovery and matching are increasingly contributing to GMS momentum.”
“Discovery and Matching help buyers find and connect with the right items.”
“These are to: • Show up where shoppers discove r — on and off Etsy • Match shoppers with the right inventory through better machine learning (ML) • Retain and reward our most valuable customers • Amp…”
3 Growth Priorities are Driving Improved Marketplace Performance Investing in Etsy’s Core Differentiation Creativity, craftsmanship, and connection are what set Etsy apart, and we’ve made meaningful…
Stated in 3 of 4 supplied quarters. Management reported: “3 Growth Priorities are Driving Improved Marketplace Performance Investing in Etsy’s Core Differentiation Creativity, craftsmanship, and connection are what set Etsy apart, and we’ve made meaningful progress bringing these characteristics to life more consistently in the buyer and seller experience.” “By weaving together things like seller stories, craftsmanship details, buyer reviews, and opportunities for connection, we aim to help buyers understand not just what they’re purchasing, but who is behind it, how it’s made, and what makes it special.” Operating income was $111.433 million in 2026-Q3.
Strategic shifts in marketing have been a big part of our 2026 success The strategic shifts we’ve made in marketing are increasingly contributing to our performance - and I’m encouraged that we’re st…
Stated in 3 of 4 supplied quarters. Management reported: “Strategic shifts in marketing have been a big part of our 2026 success The strategic shifts we’ve made in marketing are increasingly contributing to our performance - and I’m encouraged that we’re still early in many of these initiatives.” “Showing up for the moments that matter: We’re leaning into the purchase occasions where Etsy naturally shines - from holidays and universal milestones like birthdays and anniversaries, to smaller “mini-stones” and cultural moments - and we’re seeing strong GMS growth across many of these occasions.” Revenue was $692.469 million in 2026-Q3.
We’re also actively investing in AI to make running an Etsy shop easier.
Stated in 3 of 4 supplied quarters. Management reported: “We’re also actively investing in AI to make running an Etsy shop easier.” “We've introduced tools that simplify listing creation and buyer communications, and are continuing to test an AI-powered assistant that uses each shop's data to provide personalized insights and recommendations.” Gross profit was $503.145 million in 2026-Q3.
“We’re also actively investing in AI to make running an Etsy shop easier.”
As we head into the final stretch of 2026 and develop our growth plans for 2027 we have even greater confidence that our priorities - together with the progress we’ve made in how we operate - are cre…
Stated in 2 of 4 supplied quarters. Management reported: “As we head into the final stretch of 2026 and develop our growth plans for 2027 we have even greater confidence that our priorities - together with the progress we’ve made in how we operate - are creating a healthier, highly differentiated marketplace , and positioning us to capture more of the enormous opportunity ahead.” “And we’ll invest in an organization capable of accelerating initiatives to drive customer frequency and retention.” Operating income was $111.433 million in 2026-Q3.
Over the trailing year it converted 3.01x of net income into operating cash flow. Historically, Consumer Discretionary names rated robust grew net income 58% of the time over the next year (vs 45% for the rest of the cohort, n=3629).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
13 material management or governance events in the past 24 months, led by executive changes. Historically, Consumer Discretionary names rated neutral grew net income 53% of the time over the next year (vs 54% for the rest of the cohort, n=6802).
Not investment advice. As of 2026-11-05.
“3 Growth Priorities are Driving Improved Marketplace Performance Investing in Etsy’s Core Differentiation Creativity, craftsmanship, and connection are what set Etsy apart, and we’ve made meaningful…”
“Human Connection - Investing in our Core Differentiation At our best, Etsy stands for creativity, craftsmanship, and connection — it’s our core differentiation.”
“Amplifying Human Connection. Buyers come to Etsy not only for what they buy, but for who they buy it from.”
“Strategic shifts in marketing have been a big part of our 2026 success The strategic shifts we’ve made in marketing are increasingly contributing to our performance - and I’m encouraged that we’re st…”
“3 Growth priorities are working together to create a healthier marketplace Our four growth priorities are designed to work together to build lasting relationships between buyers, sellers, and Etsy.”
“Etsy’s path back to long-term growth is grounded in a focused plan : expanding how and where buyers discover us, connecting them with items that feel personal and relevant, and building relationships…”
“We are kicking off work to evolve our ‘Star Seller’ program - a designation launched five years ago which highlights ‘ how ’ a seller runs their shop - their reviews, shipping transparency and custom…”
“We are using AI to simplify this work – building on the AI-powered listing tools developed last year, and expanding into more automated workflows – so sellers can spend less time managing their shops…”
“As we head into the final stretch of 2026 and develop our growth plans for 2027 we have even greater confidence that our priorities - together with the progress we’ve made in how we operate - are cre…”
“And we’ll invest in an organization capable of accelerating initiatives to drive customer frequency and retention.”