Etsy financials
$69.28+0.52%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.88B | $2.81B | $2.75B | $2.57B | $2.33B | $1.73B | $818.4M | $603.7M | $441.2M | $365.0M |
| Gross profit | $2.07B | $2.03B | $1.92B | $1.82B | $1.67B | $1.26B | $547.3M | $412.9M | $290.2M | $241.6M |
| Gross margin | 71.6% | 72.4% | 69.8% | 71.0% | 71.9% | 73.1% | 66.9% | 68.4% | 65.8% | 66.2% |
| Operating income | $266.2M | $380.2M | $279.8M | -$658.6M | $465.7M | $424.0M | $88.8M | $74.8M | $11.9M | $17.6M |
| Net income | $163.0M | $303.3M | $307.6M | -$694.3M | $493.5M | $349.2M | $95.9M | $77.5M | $81.8M | -$29.9M |
| Net margin | 5.7% | 10.8% | 11.2% | −27.1% | 21.2% | 20.2% | 11.7% | 12.8% | 18.5% | −8.2% |
| Diluted EPS | $1.39 | $2.35 | $2.24 | $-5.48 | $3.40 | $2.69 | $0.76 | $0.61 | $0.68 | $-0.26 |
| EBITDA | $469.8M | $488.3M | $439.3M | $483.2M | $540.0M | $482.2M | $136.8M | $101.5M | $42.3M | $57.8M |
| Operating cash flow | $693.4M | $752.5M | $705.5M | $683.6M | $651.6M | $679.0M | $206.9M | $198.9M | $69.1M | $48.0M |
| Free cash flow | $678.0M | $738.3M | $692.6M | $673.4M | $640.3M | $677.5M | $199.4M | $197.9M | $65.2M | $12.0M |
| Diluted shares | 124.1M | 131.7M | 140.1M | 126.8M | 146.7M | 136.4M | 125.7M | 127.1M | 122.3M | 113.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.36B | $811.2M | $914.3M | $921.3M | $780.2M | $1.24B |
| Short-term investments | $224.1M | $228.3M | $236.1M | $250.4M | $204.4M | $425.1M |
| Total debt | $3.08B | $2.38B | $2.39B | $2.39B | $2.39B | $1.12B |
| Total assets | $2.83B | $2.42B | $2.69B | $2.63B | $3.83B | $2.40B |
| Total liabilities | $3.93B | $3.18B | $3.23B | $3.18B | $3.20B | $1.66B |
| Shareholders' equity | -$1.10B | -$758.9M | -$543.7M | -$547.3M | $628.6M | $742.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology