Etsy Inc
ETSY
71.49
+0.10
+0.14%
Etsy Inc
US · ETSY
#1828 by market cap
Listed 2015
71.49
+0.10
+0.14%
Live - 5344 symbols - heartbeat 72s ago
· 2026-10-08 07:40
Pre-market
71.49
0.00%
After-hours
71.39
-0.14%
- Market cap
- 6.56B
- P/E (TTM)i
- 38.64
- P/Bi
- -4.70
- EPSi
- 1.39
- Div yieldi
- 0.00%
- 52W posi
- 63%
Reader sentiment
Are you bullish or bearish on ETSY?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.52, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +2.68% YoY
Margins
- Gross margin
- 71.64%
- Operating margin
- 12.76%
- Net margin
- 5.65%
Key ratios & quality
- Enterprise valuei
- 7.92B
- Altman Z-Scorei
- 1.52
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 603.69M | 818.38M | 1.73B | 2.33B | 2.57B | 2.75B | 2.81B | 2.88B |
| Gross profit | 412.93M | 547.34M | 1.26B | 1.67B | 1.82B | 1.92B | 2.03B | 2.07B |
| Selling & admin expenses | 240.90M | 336.70M | 656.79M | 937.34M | 1.02B | 1.10B | 1.21B | 1.25B |
| Research & development | 97.25M | 121.88M | 180.08M | 271.54M | 412.40M | 469.33M | 443.06M | 450.19M |
| Operating profit | 74.79M | 88.76M | 424.01M | 465.73M | 386.46M | 347.93M | 380.21M | 367.91M |
| Pretax profit | 55.08M | 80.65M | 365.71M | 471.65M | -661.98M | 292.82M | 410.78M | 246.67M |
| Tax | -22.41M | -15.25M | 16.46M | -21.85M | 32.31M | -14.75M | 107.49M | 83.68M |
| Net profit | 77.49M | 95.89M | 349.25M | 493.51M | -694.29M | 307.57M | 303.28M | 162.98M |
| Basic EPS | 1 | 1 | 3 | 4 | -5 | 3 | 3 | 2 |
| Diluted EPS | 0.61 | 0.76 | 2.69 | 3.40 | -5.48 | 2.24 | 2.35 | 1.39 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 612.20M | 629.13M | 678.03M | 881.64M | 631.28M | 668.31M |
| Gross profit | 444.40M | 460.51M | 483.38M | 644.09M | 455.60M | 484.05M |
| Selling & admin expenses | 245.76M | 267.08M | 287.29M | 400.25M | 236.70M | 257.86M |
| Research & development | 100.81M | 99.33M | 113.38M | 114.44M | 99.05M | 100.92M |
| Operating profit | 97.83M | 94.10M | 82.71M | 129.40M | 119.85M | 125.27M |
| Pretax profit | -14.59M | 68.91M | 92.09M | 136.75M | 129.26M | 134.97M |
| Tax | 20.50M | 23.27M | 16.58M | 26.02M | 24.60M | 20.63M |
| Net profit | -52.10M | 28.84M | 75.50M | 110.74M | 69.68M | -46.65M |
| Basic EPS | 0 | 0 | 1 | 1 | 1 | 0 |
| Diluted EPS | -0.49 | 0.28 | 0.63 | 0.92 | 0.60 | -0.49 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 680.29M | 921.04M | 1.89B | 1.34B | 1.51B | 1.57B | 1.33B | 1.96B |
| Cash & ST investments | 624.29M | 817.25M | 1.67B | 984.61M | 1.17B | 1.15B | 1.04B | 1.62B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 901.85M | 1.54B | 2.40B | 3.83B | 2.63B | 2.69B | 2.42B | 2.83B |
| Total current liabilities | 112.06M | 188.53M | 454.66M | 615.59M | 631.76M | 710.78M | 665.11M | 1.36B |
| Short-term debt | 3.88M | 8.28M | 8.54M | 2.42M | 4.73M | 6.08M | -- | 649.01M |
| Long-term debt | 276.49M | 785.13M | 1.06B | 2.28B | 2.28B | 2.28B | 2.29B | 2.33B |
| Total liabilities | 500,953,000.00 | 1,135,718,000.00 | 1,662,065,000.00 | 3,203,190,000.00 | 3,182,235,000.00 | 3,229,115,000.00 | 3,176,648,000.00 | 3,925,349,000.00 |
| Total equity | 400.90M | 406.63M | 742.42M | 628.62M | -547.27M | -543.72M | -758.87M | -1.10B |
| Retained earnings | -153.44M | -227.41M | -146.82M | 71.74M | -1.05B | -1.36B | -1.78B | -2.40B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.11B | 1.65B | 1.79B | 1.96B | 2.11B | 1.88B |
| Cash & ST investments | 867.70M | 1.41B | 1.51B | 1.62B | 1.43B | 1.12B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 2.12B | 2.56B | 2.65B | 2.83B | 2.68B | 2.44B |
| Total current liabilities | 519.14M | 486.36M | 565.07M | 1.36B | 1.25B | 1.27B |
| Short-term debt | 6.22M | 6.30M | 1.20M | 649.01M | 649.30M | 649.59M |
| Long-term debt | 2.29B | 2.98B | 2.98B | 2.33B | 2.33B | 2.34B |
| Total liabilities | 3,031,101,000.00 | 3,681,719,000.00 | 3,765,395,000.00 | 3,925,349,000.00 | 3,817,925,000.00 | 3,834,245,000.00 |
| Total equity | -910.30M | -1.12B | -1.11B | -1.10B | -1.14B | -1.40B |
| Retained earnings | -2.03B | -2.34B | -2.38B | -2.40B | -2.48B | -2.78B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 198.93M | 206.92M | 678.96M | 651.55M | 683.61M | 705.51M | 752.47M | 693.41M |
| Depreciation & amortization | 26.74M | 48.03M | 58.19M | 74.27M | 96.70M | 91.32M | 108.07M | 101.85M |
| Free cash flow | 178.37M | 191.64M | 671.85M | 621.44M | 646.41M | 665.61M | 708.97M | 638.75M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -134.65M | -176.99M | -268.65M | -302.77M | -425.73M | -576.97M | -723.90M | -776.90M |
| Ending cash balance | 372.33M | 448.63M | 1.25B | 785.54M | 926.62M | 914.32M | 811.18M | 1.40B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 49.18M | 108.14M | 218.97M | 317.12M | 80.74M | 40.56M |
| Depreciation & amortization | 17.19M | 14.60M | 45.16M | 24.89M | 15.32M | 15.23M |
| Free cash flow | 36.99M | 91.92M | 201.96M | 307.89M | 70.88M | 32.78M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -189.18M | -334.68M | -119.82M | -133.23M | -145.22M | -249.70M |
| Ending cash balance | 649.19M | 1.18B | 1.25B | 1.40B | 1.30B | 1.04B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 19.42 | 23.75 | 63.90 | 71.99 | -1,707.02 | -- | -- | -- |
| ROA %i | 10.28 | 7.85 | 18.60 | 15.83 | -21.47 | 11.56 | 11.89 | 6.21 |
| ROIC %i | 14.40 | 10.51 | 25.74 | 20.48 | -28.47 | -- | -- | -- |
| 5-year avg ROE %i | -7.50 | 5.83 | 23.43 | 39.60 | -306.22 | -- | -- | -- |
| EBIT margin %i | 12.80 | 12.83 | 23.63 | 20.67 | -25.24 | 11.17 | 15.12 | 9.20 |
| FCF / sales %i | 29.55 | 23.42 | 38.93 | 26.76 | 25.44 | 24.22 | 25.25 | 22.15 |
| Current ratioi | 6.07 | 4.89 | 4.17 | 2.18 | 2.40 | 2.21 | 2.00 | 1.44 |
| Quick ratioi | 5.87 | 4.68 | 4.04 | 2.00 | 2.27 | 2.03 | 1.86 | 1.34 |
| Debt / assetsi | 37.97 | 54.92 | 46.41 | 62.32 | 90.71 | 88.98 | 98.76 | 108.79 |
| LT debt / equityi | 84.45 | 206.26 | 149.14 | 379.51 | -- | -- | -- | -- |
| Interest coveragei | 3.48 | 4.32 | 9.70 | 48.71 | -45.72 | 21.85 | 30.75 | 14.33 |
| Revenue CAGR (3Y) %i | 30.20 | 30.89 | 57.55 | 56.84 | 46.37 | 16.78 | 6.44 | 3.96 |
| Net income CAGR (3Y) %i | -- | -- | 62.23 | 85.36 | -- | -4.15 | -14.98 | -- |
| FCF CAGR (3Y) %i | 143.73 | 863.89 | 129.00 | 51.60 | 49.97 | -0.31 | 4.49 | -0.40 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- |
| ROA %i | 8.15 | 6.55 | 7.15 | 6.21 | 11.86 | 8.38 |
| ROIC %i | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 15.49 | 10.01 | 10.67 | 9.20 | 9.89 | 16.29 |
| FCF / sales %i | 24.34 | 22.36 | 22.26 | 22.15 | 23.17 | 20.86 |
| Current ratioi | 2.14 | 3.39 | 3.17 | 1.44 | 1.69 | 1.48 |
| Quick ratioi | 2.00 | 3.21 | 2.98 | 1.34 | 1.30 | 1.04 |
| Debt / assetsi | 112.56 | 120.27 | 115.94 | 108.79 | 114.72 | 126.10 |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | -- | 20.23 | 18.70 | 14.33 | -- | 21.19 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Etsy100.00%
Quote time 2026-10-08 07:40:19 · For reference only, not investment advice and not tailored to your situation.