Etsy Q1 2025 profits

Etcy Shares grew into Premarket trading on Wednesday after company published Better than expected by the first quarter.

Here’s how the company did:

• Profit per share: $ 1.03, adjusted against 49 cents waiting for LSEG
• Income: $ 651.2 million vs. 643 million dollars expect lseg

The e-commerce company reported a net loss of $ 52.1 million, or a loss of $ 49 per share, due to Etsy, which took $ 101.7 million from the reverb. Etcy said earlier this month It will sell the market of music instruments, which it acquired in 2019 to focus on its main market and the Depop MarketPlace, which he bought in 2021.

Etsy works on an online market that connects buyers and sellers with mainly handmade products. Like many other retailers, the company digests the impact of the president Donald TrumpFollowing tariffs, though CEO Josh Silverman – said in February The fact that the company “much less” depends on the products from China, which suffered from aggressive levies of 145%.

Etsy Lanny Baker’s financial director said on Wednesday that the company “remains agile in the conditions of uncertainty” around tariff ads and “Consumer trust fluid in our major markets”.

The company stated that it also created a “small operational operative group” to resolve tariffs provided by buyers and sellers on delivery and other information. Previously this month Etsy Began to highlight Products of domestic sellers on their site as a way of buyers to bypass the additional costs related to Trump tariffs.

Approximately 90% of the sellers discover their products domestically, Silverman said with investors. Silverman said he expects Etsy business to be elastic because it does not produce, does not contain or prices.

“Of course, we are monitoring the impact on the ricochet of higher global tariffs in consumer costs in our major markets, especially in terms of the cost of people that people acquire every day, and how it can affect the demand for discrete consumer items,” Silverman said.

According to FACSET, according to the total volume of goods sold on the platform, decreased by 6.5% a year to $ 2.79 billion, which corresponded to the estimated consensus, Facttset reports.

In the second quarter of the GMS Etsy predicts that GMS will decrease at a rate similar to or “potentially a little better than” 6.5%in which it saw this quarter.

Active sellers on the platform decreased by 11.3% a year to almost 8.1 million, noting four quarters in the decline. Active buyers also fell to the second quarter in a row to 94.8 million. Both figures include sellers and buyers across the main market Etsy, Depop and Reverb.

Etsy is working on strengthening its image as a place for unique gifts and products because it is supposed Amazon And, recently, the Chinese online stores Temu, Shein and Tiktok Shop.