Etsy, Inc. (ETSY) Q2 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Etsy, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:04.515 Hi, everyone, and welcome to Etsy's second quarter 2026 earnings conference call. 00:00:04.515 -- 00:00:09.359 I'm Deb Wasser, VP of Investor Relations. Today's prepared remarks have been pre-recorded. 00:00:09.359 -- 00:00:14.583 Joining me today are Kruti Patel Goyal, our CEO, and our CFO, Lani Baker. 00:00:14.583 -- 00:00:18.346 Please keep in mind that our remarks today include forward-looking statements, including 00:00:18.346 -- 00:00:22.968 statements related to our financial outlook, Thank you for joining us. 00:00:41.240 -- 00:00:46.065 also during the call will present both GAAP and non-GAAP historical financial measures 00:00:46.065 -- 00:00:49.889 which are reconciled to GAAP financial measures in today's shareholder letter posted 00:00:49.889 -- 00:00:53.172 on our IR website along with the replay of this call. 00:00:53.172 -- 00:00:58.477 With respect to our outlook, a reconciliation of adjusted EBITDA margin guidance 00:00:58.477 -- 00:01:03.462 to the closest corresponding GAAP measure is not available without unreasonable efforts 00:01:03.462 -- 00:01:08.584 on a forward-looking basis to the high variability, complexity, and low visibility 00:01:08.584 -- 00:01:12.845 with respect to the charges excluded from adjusted EBITDA. 00:01:12.845 -- 00:01:17.126 As you review our shareholder letter and 10-Q, please keep in mind that on July 30th, 00:01:17.126 -- 00:01:21.847 we completed the sale of Depop to eBay. Etsy's results in those documents are presented 00:01:21.847 -- 00:01:26.888 on a continuing operations basis, while Depop's results are presented within discontinued 00:01:26.888 -- 00:01:32.114 operations. I also want to note that Reverb, which we sold in June of last year, is included 00:01:32.114 -- 00:01:34....