Etsy, Inc. (ETSY) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:04.380 Hi everyone and welcome to Etsy's second quarter 2025 earnings conference call. 00:00:04.380 -- 00:00:08.640 I'm Deb Wasser, VP of Investor Relations. And joining me today for our pre-recording 00:00:08.640 -- 00:00:13.880 are Josh Silverman, CEO, Lanny Baker, our CFO, and Kruthi Patel-Goyal, 00:00:13.880 -- 00:00:18.240 President and Chief Growth Officer. Once we are finished with the presentation, Josh 00:00:18.240 -- 00:00:21.940 and Lanny will take questions from our publishing sell-side analysts on video. 00:00:21.940 -- 00:00:25.760 Please keep in mind that our remarks today include forward-looking statements related 00:00:25.760 -- 00:00:30.200 to our financial guidance, our business, and our operating results, as noted in the slide 00:00:30.200 -- 00:00:32.680 deck posted to our website for your reference. 00:00:32.680 -- 00:00:37.200 Our actual results may differ materially. Forward-looking statements involve risks and 00:00:37.200 -- 00:00:41.440 uncertainties, some of which are described in today's earnings release and our most recent 00:00:41.440 -- 00:00:45.680 periodic report, and which will be updated in future periodic reports that we file with 00:00:45.680 -- 00:00:50.180 the SEC. Any forward-looking statements that we make on this call are based on our beliefs 00:00:50.180 -- 00:00:54.290 and assumptions today, and we disclaim any obligation to update them. 00:00:54.290 -- 00:00:58.700 Also during the call, we'll present both GAAP and non-GAAP financial measures, which 00:00:58.700 -- 00:01:02.940 are reconciled to GAAP financial measures in today's earnings press release and our slide 00:01:02.940 -- 00:01:06.500 deck posted on our IR website, along with the replay of this call. 00:01:06.500 -- 00:01:09.780 With ...