# Etsy Q3 2026 Earnings Report Highlights

> Etsy reports 8.8% year-over-year growth in marketplace GMS with AI-driven personalization boosting revenue.
- Title: Etsy Q3 2026 Earnings Report Highlights · The Motley Fool
- Summary: Etsy reports 8.8% year-over-year growth in marketplace GMS with AI-driven personalization boosting revenue. Etsy's Q3 2026 results show $2.6 billion…
- Keywords: etsy, q3 2026, marketplace gms, take rate, ai personalization, adjusted ebitda, gifting assistant, mobile gms, finance, money, 2026, Earnings
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/28/etsy-etsy-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-28T15:38:55+00:00
- Read time: 2 min
- Topics: etsy, q3 2026, marketplace gms, take rate, ai personalization, adjusted ebitda, gifting assistant, mobile gms, finance, money
## Q3 2026 Results
Etsy reported third quarter results with marketplace GMS of $2.6 billion, up 8.8% year-over-year.
## Revenue Growth
Total revenue reached $692.5 million, up 10.9% year-over-year due to higher marketplace and services volume.
## Take Rate Increase
Take rate rose to 26.2%, an increase of 50 basis points year-over-year primarily driven by Etsy Ads and Offsite Ads.
## Adjusted EBITDA
Adjusted EBITDA grew to $210.4 million, up 14.6% year-over-year with a 30.4% margin.
## Active Buyers
Active buyers increased to 88 million, marking the first year-over-year growth in two years.
## Gifting Strategy
Gifting accounts for 30% of total GMS as Etsy focuses on differentiated purchases for special occasions.
## Mobile GMS Share
Mobile GMS represents 47% of total GMS, remaining stable with the first half of the year.
## Cash and Debt
Cash and investments reached $2.5 billion as of Sept. 30, 2026, after selling Depop and settling debt.
## Stock Repurchases
Company repurchased $394.6 million worth of shares, reducing the outstanding count by 5.2 million shares.
## Q4 Guidance
Q4 GMS guidance is $3.46 billion to $3.52 billion, representing 5% to 7% year-over-year growth.
## AI Personalization
AI-powered seller assistant provides personalized insights based on shops' unique data and actionable ideas.
## Gifting Assistant
Gifting Assistant is Etsy's first AI shopping agent for complex queries and special occasions.
## Depop Sale
Etsy sold Depop in July 2026, contributing to cash reserves and debt settlement.
## CFO Transition
Lanny Baker will leave Etsy in early March 2027, with a search for a new CFO underway.
## Marketplace Health
Active buyers returned to year-over-year growth after two years of decline.
## Q4 Outlook
Etsy expects Q4 GMS growth of 5% to 7% with stable take rate at 25.8%.
## Key takeaway

Etsy's Q3 2026 results show $2.6 billion marketplace GMS up 8.8% year-over-year, driven by AI personalization and 26.2% take rate.