ADDED
For example, a reference to 2025 is a reference to the year ended December 31, 2025.
See Part II, Item 7, Management s Discussion and Analysis of Financial Condition and Results of Operations Key Operating and Financial Metrics and Non-GAAP Financial Measures for the definitions of the following terms used in this Annual Report: active buyer, active seller, Adjusted EBITDA, Adjusted EBITDA margin, currency-neutral GMS, free cash flow, GMS, revenue take rate, and U.S.
If we are unable to maintain and expand that trust and retain our existing buyers and sellers and activate new ones, our business could be adversely affected.
Our payments systems have both operational and compliance risks, including in-house execution risk and dependence on third-party service providers.
Our ability to recruit and retain a talented and broadly diverse group of employees and deploy that talent effectively is important to our success.
Growing the Etsy marketplace globally is part of our strategy, and our business could be harmed by the continued imposition of barriers to international trade.
We have incurred impairment charges and may incur further impairment charges in the future, which would negatively impact our operating results.
The closing of the proposed sale of Depop is subject to various risks and uncertainties, may not be completed in accordance with expected plans or on the currently contemplated timeline, or at all, and the pending sale may be disruptive to Etsy or create loss in value to stockholders.
Compliance with evolving global legal and regulatory requirements and/or available safe harbors, including privacy and data protection laws, tax laws, product liability laws, laws regulating speech, platform monitoring or moderation, and minors online safety, laws regulating payments services providers, artificial intelligence regulations, intellectual property and counterfeiting regulations, may materially impact our time, resources, and ability to grow our business.
Overview Our Mission to Keep Commerce Human Keep Commerce Human reflects our belief that creativity and connection set us apart in an increasingly automated world.
REMOVED
For example, a reference to 2024 is a reference to the year ended December 31, 2024.
See Part II, Item 7, Management s Discussion and Analysis of Financial Condition and Results of Operations Key Operating and Financial Metrics for the definitions of the following terms used in this Annual Report: active buyer, active seller, Adjusted EBITDA, Adjusted EBITDA margin, GMS, GMS ex-U.S.
If we are unable to retain our existing buyers and sellers and activate new ones, our financial performance could decline.
Our payments systems have both operational and compliance risks, including in-house execution risk, dependency on third-party providers, and a complex landscape of evolving laws, regulations, rules, and standards.
Our ability to recruit and retain a talented and broadly diverse group of employees and retain key employees is important to our success.
Continuing to expand our operations outside of the United States is part of our strategy, and our business could be harmed if our expansion efforts do not succeed.
We have incurred impairment charges for our goodwill and other long-lived tangible and intangible assets, and may incur further impairment charges in the future, which would negatively impact our operating results.
Compliance with evolving global legal and regulatory requirements and/or available safe harbors, including privacy and data protection laws, tax laws, product liability laws, laws regulating speech and platform monitoring or moderation, antitrust laws, intellectual property and counterfeiting regulations, may materially impact our time, resources, and ability to grow our business.
Overview Our Mission Etsy s mission to Keep Commerce Human is rooted in our belief that, although automation and commoditization are parts of modern life, human creativity cannot be automated and human connection cannot be commoditized.
We believe consumers increasingly expect more from the businesses they support, and companies that prioritize people, the planet, and profit will be best positioned to succeed over the long term.