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Etsy, Inc. (ETSY) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · INTERNET RETAIL · DATA UPDATED 2026-08-12

Etsy, Inc. (ETSY) operates in the INTERNET RETAIL industry and is headquartered in Brooklyn, United States with about 2,375 employees. Its market capitalization is roughly $7 billion. In the fiscal year ended 2025-12-31, ETSY reported $2.9B in revenue and $163M in net income.

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments.

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ETSY Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Total Revenue$2.9B$2.9B$2.8B$2.7B$2.6B$2.3B$1.7B$818M$604M$441M$365M$273M$196M$125M$75M
Gross Profit$2.1B$2.1B$2.0B$1.9B$1.8B$1.7B$1.3B$547M$413M$290M$242M$177M$122M$77M$50M
Gross Margin %72.3%71.6%72.4%69.8%71.0%71.9%73.1%66.9%68.4%65.8%66.2%64.5%62.4%61.8%67.2%
Operating Income (EBIT)$457M$368M$380M$280M($659M)$466M$424M$89M$75M$12M$18M($2M)($6M)$1M($1M)
Operating Margin %16.0%12.8%13.5%10.2%-25.7%20.0%24.6%10.8%12.4%2.7%4.8%-0.7%-3.2%0.6%-1.8%
Net Income$209M$163M$303M$308M($694M)$494M$349M$96M$77M$82M($30M)($54M)($15M)($1M)($2M)
Net Margin %7.3%5.7%10.8%11.2%-27.1%21.2%20.2%11.7%12.8%18.5%-8.2%-19.8%-7.8%-0.6%-3.2%
EBITDA$559M$367M$533M$398M($551M)$556M$466M$153M$104M$71M$27M($8M)$8M$13M$6M
Earnings Per Share (EPS)$1.69$1.32$2.30$2.19$-5.48$3.36$2.56$0.76$0.61$0.67$-0.26$-0.59$-0.16$-0.01$-0.06
Shares Outstanding (M)120M124M132M140M127M147M136M126M127M122M114M91M94M94M37M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETSY Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$668M$631M$882M$678M$673M$612M$852M$662M
Gross Profit$484M$456M$644M$483M$479M$444M$634M$477M
Gross Margin %72.4%72.2%73.1%71.3%71.2%72.6%74.5%72.0%
Operating Income (EBIT)$125M$120M$129M$83M$76M$98M$155M$87M
Operating Margin %18.7%19.0%14.7%12.2%11.4%16.0%18.2%13.1%
Net Income($46M)$70M$111M$76M$29M($52M)$130M$57M
Net Margin %-7.0%11.0%12.6%11.1%4.3%-8.5%15.2%8.7%
EBITDA$125M$145M$167M$122M$90M$3M$226M$102M
Earnings Per Share (EPS)$-0.39$0.58$0.90$0.60$0.24$-0.49$0.99$0.44
Shares Outstanding (M)120M121M124M125M122M107M132M131M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETSY Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Cash from Operations (CFO)$657M$693M$752M$706M$684M$652M$679M$207M$199M$69M$48M$33M$12M$17M$10M
Capital Expenditures (CapEx)$36M$55M$43M$40M$37M$30M$7M$15M$21M$13M$48M$21M$10M$17M$14M
Free Cash Flow (FCF)$622M$639M$709M$666M$646M$621M$672M$192M$178M$56M$0M$12M$3M($1M)($4M)
FCF Margin %21.7%22.1%25.2%24.2%25.2%26.7%38.9%23.4%29.5%12.7%0.1%4.5%1.3%-0.4%-5.7%
Dividends Paid$14M$23M$25M$10M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETSY Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$41M$81M$317M$219M$108M$49M$315M$217M
Capital Expenditures (CapEx)$3M$10M$9M$14M$19M$12M$10M$13M
Free Cash Flow (FCF)$38M$71M$308M$205M$89M$37M$304M$204M
FCF Margin %5.7%11.2%34.9%30.2%13.2%6.0%35.7%30.9%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ETSY Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-31
Total Assets$2.4B$2.8B$2.4B$2.7B$2.6B$3.8B$2.4B$1.5B$902M$606M$581M$553M$249M$106M$93M
Cash & Cash Equivalents$901M$1.4B$811M$914M$921M$780M$1.2B$443M$367M$315M$182M$271M$70M$37M$35M
Total Liabilities$3.8B$3.9B$3.2B$3.2B$3.2B$3.2B$1.7B$1.1B$501M$209M$236M$223M$100M$102M$12M
Total Debt (Short + Long-Term)$3.0B$3.0B$2.3B$2.3B$2.3B$2.3B$1.1B$798M$280M$76M$77M$65M$56M$1M$0M
Total Shareholders' Equity($1.4B)($1.1B)($759M)($544M)($547M)$629M$742M$407M$401M$397M$345M$330M$149M$4M$81M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ETSY viewer.

ETSY Metric Deep Dives

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