ETSY — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-10-28

• Etsy operates a two-sided online marketplace that connects millions of creative entrepreneurs with buyers around the world. The Etsy marketplace is the global destination for unique, creative goods from independent sellers, connecting artisans with thoughtful consumers seeking items that reflect the…

• We generate revenue primarily from marketplace activities, including transaction fees (inclusive of offsite advertising), payments processing fees, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels.

• On August 3, 2026, the Audit Committee approved a restructuring plan intended to better align the organization with Etsy’s long-term strategic priorities, including by simplifying Etsy’s structure to improve coordination and speed of decision-making (the “Restructuring Plan”). The Restructuring Plan…

• On July 30, 2026 (the “Closing Date”), we closed on the sale of 100% of Depop Limited (“Depop”), our fashion resale marketplace, to eBay Inc. (“eBay”) for cash consideration of $1.4 billion. We recognized a gain on the sale of Depop of $839.7 million, which together with Depop’s results of operation…

• We collect and analyze operating and financial data to evaluate the health and performance of our business and allocate our resources (such as capital, people, and technology investments). Our key operating and financial metrics are presented on a continuing operations basis in the tables below for …

Text removed vs the prior filing · source: 10-Q · 2026-08-05

• Etsy operates a two-sided online marketplace that connects millions of creative entrepreneurs with buyers around the world.

• The Etsy marketplace is the global destination for unique, creative goods from independent sellers, connecting artisans with thoughtful consumers seeking items that reflect their tastes and values.

• On February 15, 2026, we executed a Sale and Purchase Agreement (the “Original Purchase Agreement”) to sell all of the outstanding equity interests of Depop Limited (“Depop”), our fashion resale marketplace, to eBay Inc. (“eBay”) for a base purchase price of $1.2 billion in cash, subject to certain …

• On August 3, 2026, the Audit Committee of the Board of Directors approved a Restructuring Plan intended to better align the organization with Etsy's long-term strategic priorities, including by simplifying Etsy’s structure to improve coordination and speed of decision-making (the “Restructuring Plan…

• We generate revenue primarily from marketplace activities, including transaction fees (inclusive of offsite advertising), payments processing fees, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels.

Text added vs the prior filing · source: 10-Q · 2026-10-28

• Our business also depends on our ability to provide a safe experience for our buyers and sellers. For example, we are and may continue to be an attractive target to bad actors and fraudsters targeting our marketplace, users, and our communities. These bad actors use a variety of tactics, including s…

• not be effective in mitigating harm to our buyers, sellers, or other third parties or avoiding negative publicity. While we regularly update our processes for handling complaints and detecting policy violations and fraud, these processes are by their nature imperfect in a dynamic marketplace, and in…

• Our sellers manage their shops, certain shop policies, products and product descriptions, shipping, and returns. As a result, we do not have the ability to control important aspects of buyers’ experiences on our platforms. For example, buyers may report that they have not received the items they pur…

• sellers may experience an influx of orders that may be beyond their ability to fulfill in a timely manner. While we have introduced features designed to protect buyers, there can be no assurance that these measures will be effective in combating fraudulent transactions or improve overall buyer satis…

• Like all online services, we are vulnerable to power outages, telecommunications failures, phishing, social engineering, malware, credential stuffing, account takeover, software supply chain compromises, and other attempts to gain unauthorized access to member accounts or data, as well as cyber atta…

Text removed vs the prior filing · source: 10-Q · 2026-08-05

• •the impact of our Restructuring Plan approved in August 2026; and

• We may not successfully execute or achieve the expected benefits of our Restructuring Plan and other strategic measures we may take in the future.

• In August 2026, we announced a restructuring plan intended to better align our organization with the Company’s long-term strategic priorities, including by simplifying our structure to improve coordination and speed of decision-

• making. The Restructuring Plan is based on our current estimates, assumptions, and forecasts, which are subject to known and unknown risks and uncertainties, including whether we have targeted the appropriate areas for streamlining and at the appropriate scale, and whether, if required in the future…

• Additionally, implementation of the Restructuring Plan and any other strategic initiatives may be costly and disruptive to our business, the expected costs and charges may be greater than we have forecasted, and any positive impacts may be lower than we have forecasted or may not be achieved. In add…

Text removed vs the prior filing · source: 10-Q · 2026-08-05

• On May 4, 2026, Rafe Colburn, our Chief Product and Technology Officer, adopted a 10b5-1 Plan under which an aggregate of up to 80,508 shares of Etsy common stock held by Mr. Colburn, excluding shares withheld to satisfy tax withholding obligations and including up to 1,229 shares to be issued upon …