Etsy, Inc. (ETSY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.198 Hi, everyone, and welcome to Etsy's first quarter 2025 earnings conference call. 00:00:04.198 -- 00:00:08.906 I'm Deb Wasser, VP of Investor Relations. And joining me today in Brooklyn are Josh Silverman, 00:00:08.906 -- 00:00:14.296 CEO, and Lani Baker, CFO. Today's prepared remarks have been prerecorded, including comments 00:00:14.296 -- 00:00:17.902 from our new president and chief growth officer, Kruthi Patel-Goyal. 00:00:17.902 -- 00:00:22.068 Once we are finished with the presentation, Josh and Lani will take questions from our 00:00:22.068 -- 00:00:26.714 publishing sell-side analysts on video. Please keep in mind that our remarks today include 00:00:26.714 -- 00:00:31.100 forward-looking statements related to our financial guidance, our business, and our operating 00:00:31.100 -- 00:00:34.965 results as noted in the slide deck posted to our website for your reference. 00:00:34.965 -- 00:00:39.453 Our actual results may differ materially. Forward-looking statements involve risks and 00:00:39.453 -- 00:00:43.962 uncertainties, some of which are described in today's earnings release and our most recent 00:00:43.962 -- 00:00:48.111 periodic report and which will be updated in future periodic reports that we file with 00:00:48.111 -- 00:00:53.022 the SEC. Any forward-looking statements that we make on this call are based on our beliefs 00:00:53.022 -- 00:00:57.052 and assumptions today, and we disclaim any obligation to update them. 00:00:57.052 -- 00:01:01.102 Also during the call, we'll present both GAAP and non-GAAP financial measures, which 00:01:01.102 -- 00:01:04.931 are reconciled to GAAP financial measures in today's earnings press release or slide 00:01:04.931 -- 00:01:08.900 deck posted on our IR website, along with t...