Etsy Inc 8-K, filed Oct 28, 2026
Etsy Inc (ETSY)
8-K
2026-10-28
For: 2026-10-23
View Original
Added on
October 28, 2026
About this 8-K
Etsy Inc filed this 8-K on October 28, 2026, reporting on events of October 23, 2026.
Etsy reported marketplace GMS of $2.6 billion, up 8.8% year-over-year, revenue of $692.5 million, up 10.9%, and adjusted EBITDA of $210.4 million at a 30.4% margin. Lanny Baker will depart as CFO on March 1, 2027 and advise through July 1, 2027. AI summary
Items reported
- Item 2.02: Financial results
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________________
FORM 8-K
_____________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 23, 2026
(Exact name of registrant as specified in its charter)
_____________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(718 ) 880-3660
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
_____________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □
1
Item 2.02. Results of Operations and Financial Condition.
Shareholder Letter
On October 28, 2026, Etsy, Inc. (“Etsy”) issued a Shareholder Letter announcing its financial results for the quarter ended September 30, 2026. A copy of the Shareholder Letter is furnished as Exhibit 99.1 to this Form 8-K and is hereby incorporated by reference.
Information in Item 2.02 and Exhibit 99.1 of this Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as otherwise expressly stated in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Lanny Baker as Chief Financial Officer
On October 28, 2026, Etsy also announced that Charles (Lanny) Baker will depart from his role as Chief Financial Officer. Mr. Baker is currently expected to remain in his role through March 1, 2027 and to serve in an advisory capacity through July 1, 2027. Etsy has retained an executive recruiting firm to assist in the search for his successor.
On October 27, 2026, Mr. Baker and Etsy entered into a separation agreement (the "Separation Agreement”) governing the terms of his departure and advisory period. Mr. Baker will continue to receive his base salary during the advisory period, and his equity will continue to vest, following which Mr. Baker will receive compensation and benefits consistent with a Qualifying Termination under Etsy’s Executive Severance Plan. In return, Mr. Baker will provide a customary general release and waiver of claims.
This description of the Separation Agreement is qualified in its entirety by reference to the full text of the Separation Agreement, which is expected to be filed as an exhibit to Etsy’s Annual Report on Form 10-K for the year ended December 31, 2026.
Item 7.01 Regulation FD Disclosure.
A copy of the press release announcing Mr. Baker’s departure has been furnished as Exhibit 99.2 to this Form 8-K. Information in Item 7.01 and Exhibit 99.2 of this Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, or otherwise incorporated by reference into any filing pursuant to the Securities Act or the Exchange Act, except as otherwise expressly stated in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | ||||
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ETSY, INC.
By: /s/ Charles Baker
Charles Baker
Chief Financial Officer
Dated: October 28, 2026
3
Exhibit 99.2
Etsy Announces Leadership Transition
Lanny Baker, Chief Financial Officer, will depart the Company in 2027
Brooklyn, N.Y., October 28, 2026 – Etsy, Inc. (NYSE: ETSY), which operates the Etsy marketplace that connects millions of passionate and creative buyers and sellers around the world, today announced that Chief Financial Officer Lanny Baker will depart from the Company effective March 1, 2027 to pursue opportunities outside of Etsy. Following that date, Baker is currently expected to continue as an advisor through July 1, 2027 to assist with the transition. The Company has retained an executive recruiting firm to assist in the search for his successor, who is expected to be based in New York.
Kruti Patel Goyal, Etsy’s Chief Executive Officer, commented, “Lanny has been an exceptional partner since we began working together in early 2025. I’m grateful for his leadership, sound judgment, and the important contributions he and his team have made toward executing our priorities and improving performance. He'll leave Etsy with stronger momentum for the future, and I wish him all the best."
Baker commented, “It’s been a privilege to serve as Etsy’s CFO for the last two years, and I’m proud of the significant progress we have made reigniting growth and further deepening our strong financial foundation. I have great confidence in our highly differentiated marketplace as well as Kruti and the executive team’s ability to create sustained performance. We will work closely together on a seamless transition to a new CFO in 2027.”
About Etsy
Etsy, Inc. owns and operates the Etsy marketplace, the global destination for unique and creative goods, connecting millions of creative entrepreneurs with buyers around the world. In a time of increasing automation, it's our mission to keep human connection at the heart of commerce. That's why we built a place where creativity lives and thrives because it's powered by people. We help our community of sellers turn their ideas into successful businesses. Our platform connects them with millions of buyers looking for an alternative—something special with a human touch, for those moments in life that deserve imagination.
Etsy was founded in 2005 and is headquartered in Brooklyn, New York.
Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.
Investor Relations Contact:
ir@etsy.com
Media Relations Contact:
press@etsy.com