This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include but are not limited to: statements relating to our financial guidance for the first quarter 2024 and related assumptions and commentary; full year 2024 commentary; the anticipated impact of our 2024 portfolio growth initiatives; our ability to increase buyer frequency and earn more buyer consideration and market share by breaking down brand barriers and highlighting quality merchandise in a more organized and curated way, including by retaining focus on our “Vital Few,” highlighting value and improving reliability; our expectations regarding Reverb’s profitability and our subsidiaries’ ability to gain market share; our opportunity to “own” gifting and ability to achieve market share gains across our core categories; the impact of our cost-saving initiatives; our ability to generate long-term shareholder value; and our and analyst expectations regarding market conditions.

Forward-looking statements include all statements that are not historical facts. In some cases, forward-looking statements can be identified by terms such as “anticipate,” “believe,” “could,” “enable,” “estimate,” “expect,” “goal,” “intend,” “may,” “outlook,” “plan,” “potential,” “target,” “will,” or similar expressions and derivative forms and/or the negatives of those words.

Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those that we expect. These risks and uncertainties include but are not limited to: (1) the level of demand for our services or products sold in our marketplaces, and our ability to support our recent growth; (2) the importance to our success of the trustworthiness of our marketplaces and our ability to attract and retain active and engaged communities of buyers and sellers; (3) the fluctuation of our quarterly operating results; (4) our failure to meet our publicly announced guidance or other expectations; (5) if we or our third-party providers are unable to protect against technology vulnerabilities, service interruptions, security breaches, or other cyber incidents; (6) our dependence on continued and unimpeded access to third-party services, platforms, and infrastructure; (7) macroeconomic events that are outside of our control; (8) operational and compliance risks related to our payments systems; (9) our ability to recruit and retain employees; (10) our ability to compete effectively; (11) our ability to enhance our current offerings and develop new offerings to respond to the changing needs of sellers and buyers; (12) our ability to demonstrate progress against our environmental, social, and governance Impact strategy; (13) our efforts to expand internationally; (14) acquisitions that may prove unsuccessful or divert management attention; (15) regulation in the area of privacy and protection of user data; and (16) litigation and regulatory matters, including intellectual property claims. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, and subsequent reports that we file with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Forward-looking statements represent our beliefs and assumptions only as of the date hereof. We disclaim any obligation to update forward-looking statements.

Analyst Coverage

Please note that any opinions, estimates, or forecasts regarding Etsy, Inc.'s performance or expected results made by these analysts are theirs alone and do not represent the views of Etsy or its management. Etsy Inc. does not endorse, adopt, or concur with the opinions, estimate, or forecasts of any such analysts.

Oliver Lester Arete Research LLP Oliver.Lester@arete.net
Chris Graja Argus CGraja@argusresearch.com
Naved Khan B.Riley Securities nkhan@brileyfin.com
Trevor Young Barclays trevor.young@barclays.com
Nikhil Devnani Bernstein nikhil.devnani@bernstein.com
Curtis Nagle BofA Securities c.nagle@bofa.com
Marvin Fong BTIG mfong@btig.com
Maria Ripps Canaccord  mripps@canaccordgenuity.com 
Ygal Arounian Citi ygal.arounian@citi.com
Lee Horowitz Deutsche Bank lee.horowitz@db.com
Jian Li Evercore ISI jian.li@evercoreisi.com
Alexandra C. Steiger Goldman Sachs Alexandra.Steiger@gs.com
Steven Forbes Guggenheim Partners steven.forbes@guggenheimpartners.com
John Colantuoni Jefferies jcolantuoni@jefferies.com
Nicholas Jones JMP Securities njones@jmpsecurities.com
Ashley Owens KeyBank ashley.owens@key.com
Laura Champine Loop laura.champine@loop.com
Michael Morton MoffettNathanson michael.morton@moffettnathanson.com
Nathan Feather
Morgan Stanley
Sean Dunlop Morningstar sean.dunlop@morningstar.com
Anna Andreeva Needham & Company, LLC aandreeva@needhamco.com
Jason Helfstein Oppenheimer jason.helfstein@opco.com
Edward Yruma Piper Sandler edward.yruma@psc.com
Rick Patel Raymond James rick.patel@raymondjames.com
Daniela Nedialkova Redburn Atlantic D.Nedialkova@atlantic-equities.com
Mark Kelley Stifel kelleymar@stifel.com
Youssef Squali Truist Securities Youssef.squali@Truist.com
Chris Kuntarich UBS chris.kuntarich@ubs.com
Seth Basham Wedbush seth.basham@wedbush.com
Ken Gawrelski Wells Fargo ken.gawrelski@wellsfargo.com
Deepak Mathivanan Wolfe Research dmathivanan@wolferesearch.com