Etsy: Q3 Earnings Smashed Wall Street's Expectations

Nov. 03, 2022 10:38 AM ETEtsy, Inc. (ETSY)EBAY, SHOP1 Comment
Stocks and Savings profile picture
Stocks and Savings


  • Etsy, Inc. is a world-leading ecommerce marketplace for unique goods.
  • It's been a difficult 2022 so far for Etsy, with shares tumbling over 60% YTD.
  • The company has faced plenty of headwinds outside of its control, such as global macroeconomic weakness and difficult YoY comparisons due to the lockdown boost it had previously received.
  • Etsy just reported its Q3 earnings, beating analysts' estimates on both revenue and EPS for the 12th consecutive quarter.
  • I believe Etsy to be a high-quality business under temporary macroeconomic pressure, and the current share price could prove to be great long-term buying opportunity.

Etsy IPO Opens On Nasdaq

Paul Zimmerman

Investment Thesis

Etsy, Inc. (NASDAQ:ETSY) is a leading ecommerce marketplace with a mission to "Keep Commerce Human." The company operates a two-sided marketplace connecting millions of passionate and creative buyers and sellers around the world. Its global primary marketplace,, is home

87% of buyers surveyed say Etsy has items I can't find anywhere else

Etsy Q3'22 Earnings Presentation

Etsy has four marketplaces in its house of brands: Etsy, reverb, depop, and elo7

Etsy July 2022 Investor Presentation

Etsy vs EBAY vs SHOP vs W vs MELI price
Data by YCharts

Etsy Q3 earnings quarterly revenue performance vs analysts estimates

Seeking Alpha / Author's Work

Etsy Q3 earnings results - top and bottom line performance

Etsy Q3'22 Earnings Presentation

Etsy q3 earnings quarterly eps performance vs expectations

Seeking Alpha / Author's Work

Etsy buyer trends remained stable in q3

Etsy Q3'22 Earnings Presentation

Etsy buyer acquisition is above pre-pandemic levels

Etsy Q3'22 Earnings Presentation

Etsy is making shopping easier and more personalised

Etsy Q3'22 Earnings Presentation

Etsy annual core financial metrics

Etsy / Author's Work

Etsy quarterly key financial trends

Etsy / Author's Work

Etsy stock share price valuation model

Seeking Alpha / Author's Work

This article was written by

Stocks and Savings profile picture
We're Andreea & Jamie, two finance professionals based in the UK with a passion for helping others to learn about investing & personal finance. Follow our Instagram @stocksandsavings for daily investing content!

Disclosure: I/we have a beneficial long position in the shares of ETSY, AMZN, SHOP, MELI, SQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.