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Etsy, Inc.(ETSY)Earnings, Financials & Key Ratios
ETSY•NYSE
53.2× P/E·Price updated Jun 19, 2026
AboutEtsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels. Further, the company provides various seller tools, including Shop Manager dashboard, a centralized hub for Etsy sellers to track orders, manage inventory, view metrics and statistics, and have conversations with their customers; and Sell on Etsy, an application to enable enhanced onboarding and video uploading. Additionally, it offers Etsy seller analytics pages that provides insights regarding traffic acquisition for their shops; Targeted Offers, a sales and promotions tool, and social media tool; and accounting and bookkeeping services. The company also provides educational resources comprising blog posts, video tutorials, Etsy Seller Handbook, Etsy.com online forums, and insights; Etsy Teams, a platform to build personal relationships with other Etsy sellers; and a Star Seller program. As of December 31, 2021, it connected a total of 7.5 million active sellers to 96.3 million active buyers; and had 120 million items for sale. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.Show more
- Revenue$2.88B+2.7%
- EBITDA$470M-3.8%
- Net Income$163M-46.3%
- EPS (Diluted)1.39-40.9%
- Gross Margin71.64%-1.1%
- EBITDA Margin16.29%-6.3%
- Operating Margin12.76%-5.8%
- Net Margin5.65%-47.7%
ETSY Key Insights
Etsy, Inc. (ETSY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 22.2% free cash flow margin
- ✓Momentum leader: RS Rating 84 (top 16%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 10.8%
- ✓Share count reduced 6.2% through buybacks
- ✓Trading near 52-week high
✗Weaknesses
- ✗Profits declining 14.1% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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ETSY Price & Volume
Etsy, Inc. (ETSY) stock price & volume — 10-year historical chart
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ETSY Growth Metrics
Etsy, Inc. (ETSY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years26.56%
5 Years10.81%
3 Years3.96%
TTM3.21%
Profit CAGR
10 Years-
5 Years-14.14%
3 Years-
TTM51.32%
EPS CAGR
10 Years-
5 Years-12.37%
3 Years-
TTM76.81%
Return on Capital
10 Years10.17%
5 Years10.03%
3 Years19.12%
Last Year22.88%
ETSY Recent Earnings
Etsy, Inc. (ETSY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.89+43.5%
$0.62
Rev
$631M+1.6%
$621M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$0.92+4.5%
$0.88
Rev
$882M-0.3%
$884M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.63+21.2%
$0.52
Rev
$678M-23.3%
$884M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$0.25-53.7%
$0.54
Rev
$673M+4.0%
$647M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.89vs $0.62+43.5% | $631Mvs $621M+1.6% |
| Q1 2026 | Feb 19, 2026 | $0.92vs $0.88+4.5% | $882Mvs $884M-0.3% |
| Q4 2025 | Oct 29, 2025 | $0.63vs $0.52+21.2% | $678Mvs $884M-23.3% |
| Q3 2025 | Jul 30, 2025 | $0.25vs $0.54-53.7% | $673Mvs $647M+4.0% |
Based on last 12 quarters of dataView full earnings history →
ETSY Peer Comparison
Etsy, Inc. (ETSY) competitors in Specialty Gifts, Hobby and Niche Retail — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EBAY | 49.47B | 108.24 | 24.94 | 7.95% | 17.58% | 44.12% | 1.60 | |
 REAL | 3.61B | 12.45 | -18.31 | 15.38% | -9.03% | |||
 AMZN | 2.63T | 244.39 | 34.09 | 12.38% | 12.22% | 23.34% | 0.37 | |
 SHOP | 141.25B | 108.85 | 115.80 | 30.14% | 10.77% | 10.52% | 0.01 | |
 WIX | 2.34B | 42.49 | 48.28 | 13.2% | -1.97% | |||
 PINS | 13.49B | 20.29 | 33.26 | 15.79% | 7.64% | 7.76% | 0.06 | |
 PYPL | 37.5B | 42.51 | 7.86 | 4.32% | 15% | 25.08% | 0.49 | |
 UPS | 89.22B | 105.00 | 16.01 | -2.49% | 5.94% | 32.98% | 1.99 |
Compare ETSY vs Peers
Etsy, Inc. (ETSY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ETSY Income Statement
Etsy, Inc. (ETSY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 441.23M | 603.69M | 818.38M | 1.73B | 2.33B | 2.57B | 2.75B | 2.81B | 2.88B | 2.86B |
Revenue Growth % | 20.9% | 36.82% | 35.56% | 110.86% | 34.97% | 10.18% | 7.1% | 2.18% | 2.68% | 3.21% |
Cost of Goods Sold | 150.99M | 190.76M | 271.04M | 464.75M | 654.51M | 744.59M | 828.67M | 774.55M | 817.8M | 801.42M |
COGS % of Revenue | 34.22% | 31.6% | 33.12% | 26.93% | 28.1% | 29.02% | 30.15% | 27.58% | 28.36% | - |
Gross Profit | 290.25M▲ 0% | 412.93M▲ 42.3% | 547.34M▲ 32.6% | 1.26B▲ 130.4% | 1.67B▲ 32.8% | 1.82B▲ 8.8% | 1.92B▲ 5.4% | 2.03B▲ 5.9% | 2.07B▲ 1.6% | 2.06B▲ 0% |
Gross Margin % | 65.78% | 68.4% | 66.88% | 73.07% | 71.9% | 70.98% | 69.85% | 72.42% | 71.64% | 72.01% |
Gross Profit Growth % | 20.12% | 42.27% | 32.55% | 130.36% | 32.81% | 8.77% | 5.39% | 5.94% | 1.57% | - |
Operating Expenses | 278.35M | 338.14M | 458.58M | 836.87M | 1.21B | 2.48B | 1.64B | 1.65B | 1.7B | 1.65B |
OpEx % of Revenue | 63.08% | 56.01% | 56.04% | 48.5% | 51.9% | 96.65% | 59.67% | 58.88% | 58.88% | - |
Selling, General & Admin | 200.57M | 240.9M | 336.7M | 656.79M | 937.34M | 1.02B | 1.1B | 1.21B | 1.25B | 1.22B |
SG&A % of Revenue | 45.46% | 39.9% | 41.14% | 38.06% | 40.24% | 39.85% | 40.11% | 43.1% | 43.27% | - |
Research & Development | 74.62M | 97.25M | 121.88M | 180.08M | 271.54M | 412.4M | 469.33M | 443.06M | 450.19M | 438.73M |
R&D % of Revenue | 16.91% | 16.11% | 14.89% | 10.44% | 11.66% | 16.07% | 17.08% | 15.78% | 15.61% | - |
Other Operating Expenses | 3.16M | 0 | 0 | 0 | 0 | 1.05B | 68.09M | 0 | 0 | 0 |
Operating Income | 11.9M▲ 0% | 74.79M▲ 528.7% | 88.76M▲ 18.7% | 424.01M▲ 377.7% | 465.73M▲ 9.8% | -658.56M▼ 241.4% | 279.84M▲ 142.5% | 380.21M▲ 35.9% | 367.91M▼ 3.2% | 408.38M▲ 0% |
Operating Margin % | 2.7% | 12.39% | 10.85% | 24.57% | 20% | -25.66% | 10.18% | 13.54% | 12.76% | 14.26% |
Operating Income Growth % | -32.32% | 528.67% | 18.69% | 377.7% | 9.84% | -241.4% | 142.49% | 35.87% | -3.23% | - |
EBITDA | 39.09M | 101.53M | 136.79M | 482.2M | 540M | -561.86M | 371.16M | 488.28M | 469.76M | 508.35M |
EBITDA Margin % | 8.86% | 16.82% | 16.71% | 27.94% | 23.18% | -21.9% | 13.5% | 17.39% | 16.29% | 17.75% |
EBITDA Growth % | -2.52% | 159.71% | 34.73% | 252.5% | 11.99% | -204.05% | 166.06% | 31.55% | -3.79% | -0% |
D&A (Non-Cash Add-back) | 27.2M | 26.74M | 48.03M | 58.19M | 74.27M | 96.7M | 91.32M | 108.07M | 101.84M | 99.97M |
EBIT | 43.4M | 77.26M | 104.97M | 407.73M | 481.54M | -647.81M | 306.86M | 424.58M | 265.17M | 414.94M |
Net Interest Income | -8.74M | -13.22M | -11.12M | -34.92M | -7.75M | -3.21M | 21.96M | 17.18M | 25.98M | 21.08M |
Interest Income | 2.39M | 8.96M | 13.2M | 7.1M | 2.14M | 10.96M | 36M | 30.98M | 44.49M | 36.18M |
Interest Expense | 11.13M | 22.18M | 24.32M | 42.02M | 9.88M | 14.17M | 14.04M | 13.81M | 18.51M | 15.11M |
Other Income/Expense | 20.37M | -19.71M | -8.12M | -58.3M | 5.92M | -3.42M | 12.98M | 30.57M | -121.25M | 861K |
Pretax Income | 32.27M▲ 0% | 55.08M▲ 70.7% | 80.65M▲ 46.4% | 365.71M▲ 353.5% | 471.65M▲ 29.0% | -661.98M▼ 240.4% | 292.82M▲ 144.2% | 410.77M▲ 40.3% | 246.66M▼ 40.0% | 409.24M▲ 0% |
Pretax Margin % | 7.31% | 9.12% | 9.85% | 21.19% | 20.25% | -25.8% | 10.65% | 14.63% | 8.55% | 14.29% |
Income Tax | -49.53M | -22.41M | -15.25M | 16.46M | -21.85M | 32.31M | -14.75M | 107.49M | 83.68M | 89.5M |
Effective Tax Rate % | -153.53% | -40.69% | -18.91% | 4.5% | -4.63% | -4.88% | -5.04% | 26.17% | 33.93% | 21.87% |
Net Income | 81.8M▲ 0% | 77.49M▼ 5.3% | 95.89M▲ 23.7% | 349.25M▲ 264.2% | 493.51M▲ 41.3% | -694.29M▼ 240.7% | 307.57M▲ 144.3% | 303.28M▼ 1.4% | 162.98M▼ 46.3% | 284.76M▲ 0% |
Net Margin % | 18.54% | 12.84% | 11.72% | 20.24% | 21.19% | -27.06% | 11.19% | 10.8% | 5.65% | 9.94% |
Net Income Growth % | 373.57% | -5.27% | 23.75% | 264.2% | 41.31% | -240.68% | 144.3% | -1.39% | -46.26% | 51.32% |
Net Income (Continuing) | 81.8M | 77.49M | 95.89M | 349.25M | 493.51M | -694.29M | 307.57M | 303.28M | 162.98M | 319.74M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 0.68▲ 0% | 0.61▼ 10.3% | 0.76▲ 24.6% | 2.69▲ 253.9% | 3.40▲ 26.4% | -5.48▼ 261.2% | 2.24▲ 140.9% | 2.35▲ 4.9% | 1.39▼ 40.9% | 2.35▲ 0% |
EPS Growth % | 361.54% | -10.29% | 24.59% | 253.95% | 26.39% | -261.18% | 140.88% | 4.91% | -40.85% | 76.81% |
EPS (Basic) | 0.69 | 0.61 | 0.80 | 2.88 | 3.88 | -5.48 | 2.56 | 2.64 | 1.68 | - |
Diluted Shares Outstanding | 122.27M | 127.08M | 125.72M | 136.41M | 146.68M | 126.78M | 140.15M | 131.72M | 123.54M | 121.03M |
Basic Shares Outstanding | 118.54M | 127.02M | 119.67M | 121.25M | 127.22M | 126.78M | 122.5M | 114.94M | 98.21M | 96.23M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
ETSY Balance Sheet
Etsy, Inc. (ETSY) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 439.26M | 680.29M | 921.04M | 1.89B | 1.34B | 1.51B | 1.57B | 1.33B | 1.96B | 2.11B |
Cash & Short-Term Investments | 340.55M | 624.29M | 817.25M | 1.67B | 984.61M | 1.17B | 1.15B | 1.04B | 1.62B | 1.43B |
Cash Only | 315.44M | 366.99M | 443.29M | 1.24B | 780.2M | 921.28M | 914.32M | 811.18M | 1.4B | 1.21B |
Short-Term Investments | 25.11M | 257.3M | 373.96M | 425.12M | 204.42M | 250.41M | 236.12M | 228.32M | 224.09M | 211.39M |
Accounts Receivable | 78.33M | 33.32M | 65.17M | 169.41M | 247.47M | 261.85M | 290.12M | 198.26M | 213.69M | 194.57M |
Days Sales Outstanding | 64.8 | 20.14 | 29.07 | 35.83 | 38.78 | 37.24 | 38.53 | 25.77 | 27.05 | 23.29 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
Other Current Assets | 0 | 0 | 0 | 0 | 0 | 80.2M | 129.88M | 89.93M | 127.37M | 492.47M |
Total Non-Current Assets | 166.32M | 221.56M | 621.31M | 509.71M | 2.49B | 1.12B | 1.11B | 1.09B | 866.27M | 568.24M |
Property, Plant & Equipment | 117.62M | 120.18M | 144.86M | 112.5M | 275.06M | 249.74M | 249.79M | 236.71M | 229.2M | 202.43M |
Fixed Asset Turnover | 3.75x | 5.02x | 5.65x | 15.34x | 8.47x | 10.27x | 11.00x | 11.86x | 12.58x | 12.82x |
Goodwill | 38.54M | 37.48M | 138.73M | 140.81M | 1.37B | 137.72M | 138.38M | 137.09M | 38.07M | 37.6M |
Intangible Assets | 4.1M | 34.59M | 199.24M | 187.45M | 607.17M | 535.41M | 457.14M | 413.9M | 297.35M | 13.17M |
Long-Term Investments | 5.34M | 5.34M | 89.34M | 39.09M | 85.03M | 29.14M | 86.68M | 111.72M | 134.38M | 519.95M |
Other Non-Current Assets | 561K | 507K | 34.88M | 29.75M | 56.12M | 47.7M | 45.19M | 45.04M | 47.97M | 49.85M |
Total Assets | 605.58M▲ 0% | 901.85M▲ 48.9% | 1.54B▲ 71.0% | 2.4B▲ 55.9% | 3.83B▲ 59.4% | 2.63B▼ 31.2% | 2.69B▲ 1.9% | 2.42B▼ 10.0% | 2.83B▲ 16.9% | 2.68B▲ 0% |
Asset Turnover | 0.73x | 0.67x | 0.53x | 0.72x | 0.61x | 0.97x | 1.02x | 1.16x | 1.02x | 1.07x |
Asset Growth % | 4.2% | 48.92% | 71.02% | 55.9% | 59.36% | -31.23% | 1.91% | -9.97% | 16.94% | 56.43% |
Total Current Liabilities | 102.48M | 112.06M | 188.53M | 454.66M | 615.59M | 631.75M | 710.78M | 665.11M | 1.36B | 1.25B |
Accounts Payable | 13.62M | 14.3M | 76.11M | 40.88M | 248.21M | 262.72M | 29.92M | 215.54M | 233.81M | 201.31M |
Days Payables Outstanding | 32.93 | 27.37 | 102.5 | 32.11 | 138.42 | 128.78 | 13.18 | 101.57 | 104.35 | 87.48 |
Short-Term Debt | 5.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 649.01M | 649.3M |
Deferred Revenue (Current) | 6.26M | 7.48M | 7.62M | 11.26M | 12.34M | 14.01M | 14.63M | 19.21M | 27.05M | 106.61M |
Other Current Liabilities | 42.25M | 55.06M | 118.84M | 320.54M | 492.64M | 506.17M | 564.3M | 124.94M | 453.75M | 369.6M |
Current Ratio | 4.29x | 6.07x | 4.89x | 4.17x | 2.18x | 2.40x | 2.21x | 2.00x | 1.44x | 1.69x |
Quick Ratio | 4.29x | 6.07x | 4.89x | 4.17x | 2.18x | 2.40x | 2.21x | 2.00x | 1.44x | 1.69x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -64.19 |
Total Non-Current Liabilities | 106.21M | 388.89M | 947.19M | 1.21B | 2.59B | 2.55B | 2.52B | 2.51B | 2.56B | 2.57B |
Long-Term Debt | 0 | 276.49M | 785.13M | 1.06B | 2.28B | 2.28B | 2.28B | 2.29B | 93.48M | 91.9M |
Capital Lease Obligations | 64.16M | 62.09M | 53.61M | 44.98M | 110.28M | 105.7M | 99.62M | 93.48M | 0 | 315.39M |
Deferred Tax Liabilities | 23.79M | 30.45M | 64.5M | 58.48M | 79.48M | 44.73M | 13.19M | 7.96M | 8.81M | 29.36M |
Other Non-Current Liabilities | 18.26M | 19.86M | 43.96M | 41.64M | 122.42M | 120.41M | 121.7M | 122.01M | 2.46B | 2.47B |
Total Liabilities | 208.69M | 500.95M | 1.14B | 1.66B | 3.2B | 3.18B | 3.23B | 3.18B | 3.93B | 3.82B |
Total Debt | 69.96M | 342.46M | 847.01M | 1.12B | 2.39B | 2.39B | 2.39B | 2.39B | 742.49M | 741.2M |
Net Debt | -245.48M | -24.53M | 403.72M | -128.28M | 1.61B | 1.47B | 1.48B | 1.58B | -653.35M | -473.17M |
Debt / Equity | 0.18x | 0.85x | 2.08x | 1.50x | 3.80x | - | - | - | - | -0.65x |
Debt / EBITDA | 1.79x | 3.37x | 6.19x | 2.31x | 4.42x | - | 6.44x | 4.89x | 1.58x | 1.46x |
Net Debt / EBITDA | -6.28x | -0.24x | 2.95x | -0.27x | 2.98x | - | 3.97x | 3.23x | -1.39x | -0.93x |
Interest Coverage | 3.90x | 3.48x | 4.32x | 9.70x | 48.71x | -45.72x | 21.85x | 30.75x | 14.33x | 27.47x |
Total Equity | 396.89M▲ 0% | 400.9M▲ 1.0% | 406.63M▲ 1.4% | 742.42M▲ 82.6% | 628.62M▼ 15.3% | -547.27M▼ 187.1% | -543.72M▲ 0.7% | -758.87M▼ 39.6% | -1.1B▼ 44.7% | -1.14B▲ 0% |
Equity Growth % | 15.12% | 1.01% | 1.43% | 82.58% | -15.33% | -187.06% | 0.65% | -39.57% | -44.7% | -224.9% |
Book Value per Share | 3.25 | 3.15 | 3.23 | 5.44 | 4.29 | -4.32 | -3.88 | -5.76 | -8.89 | -9.39 |
Total Shareholders' Equity | 396.89M | 400.9M | 406.63M | 742.42M | 628.62M | -547.27M | -543.72M | -758.87M | -1.1B | -1.14B |
Common Stock | 122K | 120K | 119K | 126K | 127K | 125K | 119K | 109K | 97K | 95K |
Retained Earnings | -96.29M | -153.44M | -227.41M | -146.82M | 71.74M | -1.05B | -1.36B | -1.78B | -2.4B | -2.48B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -6.38M | -7.81M | -8.7M | 5.95M | -75.01M | -314.22M | -267.47M | -297.75M | -226.38M | -240.06M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ETSY Cash Flow Statement
Etsy, Inc. (ETSY) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 69.1M | 198.93M | 206.92M | 678.96M | 651.55M | 683.61M | 705.51M | 752.47M | 693.41M | 724.97M |
Operating CF Margin % | 15.66% | 32.95% | 25.28% | 39.35% | 27.97% | 26.64% | 25.67% | 26.79% | 24.05% | - |
Operating CF Growth % | 44.07% | 187.88% | 4.02% | 228.12% | -4.04% | 4.92% | 3.2% | 6.66% | -7.85% | 37.15% |
Net Income | 81.8M | 77.49M | 95.89M | 349.25M | 493.51M | -694.29M | 307.57M | 303.28M | 162.98M | 284.76M |
Depreciation & Amortization | 27.2M | 26.74M | 48.03M | 58.19M | 74.27M | 96.7M | 91.32M | 108.07M | 101.84M | 99.97M |
Stock-Based Compensation | 26.56M | 38.23M | 44.4M | 65.11M | 139.91M | 230.89M | 284.56M | 282.85M | 244.75M | 241.53M |
Deferred Taxes | -49.53M | -22.41M | -15.25M | 2.2M | -88.95M | -55.3M | -50.09M | -14.45M | 39.22M | 48.46M |
Other Non-Cash Items | -17.24M | 19.53M | 23.85M | 80.01M | 8.94M | 1.07B | 95.85M | -7.01M | 145.32M | 4.2M |
Working Capital Changes | 319K | 59.35M | 9.99M | 124.2M | 23.88M | 40.47M | -23.7M | 79.72M | -692K | 28.08M |
Change in Receivables | -22.3M | 40.65M | -35.83M | -112.68M | -103.2M | -34.63M | -45.39M | 72.67M | -33.07M | 0 |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 16.31M | -10.07M | 22.22M | 104.69M | 69.77M | 21.1M | 31.91M | -72.6M | 25.53M | 0 |
Cash from Investing | 61.84M | -285.39M | -488.37M | -11.38M | -1.56B | -30.02M | -73.31M | -53.1M | 32.08M | 36.24M |
Capital Expenditures | -13.16M | -20.56M | -15.28M | -7.11M | -28.17M | -10.24M | -12.95M | -14.21M | -15.39M | -13.62M |
CapEx % of Revenue | 2.98% | 3.4% | 1.87% | 0.41% | 1.21% | 0.4% | 0.47% | 0.51% | 0.53% | 0.48% |
Acquisitions | 0 | 0 | -270.41M | 0 | -1.7B | 0 | 0 | 0 | 100.48M | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | -35.49M | -1.96M | -880K | -1.94M | -26.96M | -26.96M | -29.29M | -39.28M | 60.29M |
Cash from Financing | 6.55M | 144.01M | 359.61M | 119.28M | 452.75M | -506.48M | -656.53M | -787.17M | -169.88M | -123.54M |
Debt Issued (Net) | -13.68M | 328.78M | 639.17M | 503.62M | 947.24M | -6.31M | -6.28M | -6.09M | 693.84M | 693.76M |
Equity Issued (Net) | -10.3M | -134.65M | -176.99M | -268.65M | -280.07M | -410.7M | -562.74M | -719.99M | -759.23M | -715.99M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -10.3M | -134.65M | -176.99M | -268.65M | -302.77M | -425.73M | -576.97M | -723.9M | -776.9M | -732.95M |
Other Financing | 30.54M | -50.13M | -102.58M | -115.69M | -214.42M | -89.47M | -87.52M | -61.09M | -104.48M | -101.32M |
Net Change in Cash | 133.85M▲ 0% | 51.54M▼ 61.5% | 76.31M▲ 48.0% | 800.81M▲ 949.4% | -463.9M▼ 157.9% | 141.08M▲ 130.4% | -12.3M▼ 108.7% | -103.14M▼ 738.9% | 593.18M▲ 675.1% | 654.32M▲ 0% |
Free Cash Flow | 55.95M▲ 0% | 178.37M▲ 218.8% | 191.64M▲ 7.4% | 671.85M▲ 250.6% | 621.44M▼ 7.5% | 646.41M▲ 4.0% | 665.61M▲ 3.0% | 708.97M▲ 6.5% | 638.75M▼ 9.9% | 672.64M▲ 0% |
FCF Margin % | 12.68% | 29.55% | 23.42% | 38.93% | 26.68% | 25.19% | 24.22% | 25.25% | 22.15% | 23.49% |
FCF Growth % | 26042.52% | 218.83% | 7.44% | 250.57% | -7.5% | 4.02% | 2.97% | 6.52% | -9.9% | -2.04% |
FCF per Share | 0.46 | 1.40 | 1.52 | 4.93 | 4.24 | 5.10 | 4.75 | 5.38 | 5.17 | 5.56 |
FCF Conversion (FCF/Net Income) | 0.84x | 2.57x | 2.16x | 1.94x | 1.32x | -0.98x | 2.29x | 2.48x | 4.25x | 2.36x |
Interest Paid | 7.55M | 10M | 3.21M | 3.4M | 6.05M | 9.53M | 9.31M | 9.05M | 12.23M | 0 |
Taxes Paid | 1M | 966K | 2.08M | 8.54M | 94.16M | 41.68M | 42.68M | 89.58M | 0 | 5.58M |
ETSY Key Ratios
Etsy, Inc. (ETSY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 22.06% | 19.43% | 23.75% | 60.79% | 71.99% | -1707.02% | - | - | - | -25.47% |
Return on Invested Capital (ROIC) | 4.65% | 21.25% | 11.22% | 44.65% | 24.51% | -31.28% | 22.65% | 32.61% | - | 230.86% |
Gross Margin | 65.78% | 68.4% | 66.88% | 73.07% | 71.9% | 70.98% | 69.85% | 72.42% | 71.64% | 72.01% |
Net Margin | 18.54% | 12.84% | 11.72% | 20.24% | 21.19% | -27.06% | 11.19% | 10.8% | 5.65% | 9.94% |
Debt / Equity | 0.18x | 0.85x | 2.08x | 1.50x | 3.80x | - | - | - | - | -0.65x |
Interest Coverage | 3.90x | 3.48x | 4.32x | 9.70x | 48.71x | -45.72x | 21.85x | 30.75x | 14.33x | 27.47x |
FCF Conversion | 0.84x | 2.57x | 2.16x | 1.94x | 1.32x | -0.98x | 2.29x | 2.48x | 4.25x | 2.36x |
Revenue Growth | 20.9% | 36.82% | 35.56% | 110.86% | 34.97% | 10.18% | 7.1% | 2.18% | 2.68% | 3.21% |
Related:ETSY Dividend History·ETSY Revenue History·ETSY Price History·ETSY P/E History·ETSY Financial Ratios·ETSY Institutional Holders
ETSY SEC Filings & Documents
Etsy, Inc. (ETSY) SEC filings — annual & quarterly reports (10-K, 10-Q)
ETSY Frequently Asked Questions
Etsy, Inc. (ETSY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Etsy, Inc. (ETSY) reported $2.86B in revenue for fiscal year 2025. This represents a 3739% increase from $74.6M in 2012.
Etsy, Inc. (ETSY) grew revenue by 2.7% over the past year. Growth has been modest.
Yes, Etsy, Inc. (ETSY) is profitable, generating $284.8M in net income for fiscal year 2025 (5.7% net margin).
Dividend & Returns
Etsy, Inc. (ETSY) generated $672.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.