ETSY INCETSYEarnings & Financial Report
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. Its marketplace includes categories such as jewelry, apparel, home decor, furniture, toys, and art. Items described as vintage must be at least 20 years old. The platform provides sellers with individual storefronts where they list their goods for a fee of US$0.20 per item. Since 2013, the company has allowed the sale of mass-manufactured items.
Revenue
$852.2M
Gross Profit
$634.5M
Operating Profit
$155.1M
Net Profit
$129.9M
Gross Margin
74.5%
Operating Margin
18.2%
Net Margin
15.2%
YoY Growth
1.2%
EPS
$1.01
ETSY INC Q4 FY2024 Financial Summary
ETSY INC reported revenue of $852.2M (up 1.2% YoY) for Q4 FY2024, with a net profit of $129.9M (up 56.0% YoY) (15.2% margin). Cost of goods sold was $217.7M, operating expenses totaled $479.3M.
Key Financial Metrics
| Total Revenue | $852.2M |
|---|---|
| Net Profit | $129.9M |
| Gross Margin | 74.5% |
| Operating Margin | 18.2% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
ETSY INC Q4 FY2024 revenue of $852.2M breaks down across 2 segments, led by Marketplace Revenue at $607.3M (71.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Marketplace Revenue | $607.3M | 71.3% |
| Services Revenue | $244.9M | 28.7% |
ETSY INC Revenue by Segment — Quarterly Trend
ETSY INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Marketplace Revenue and Services Revenue) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Marketplace Revenue | — | $612.4M | $468.1M | $468.2M |
| Services Revenue | — | $269.2M | $210.0M | $204.5M |
ETSY INC Annual Revenue by Year
ETSY INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9B |
| 2024 | $2.8B |
| 2023 | $2.7B |
| 2022 | $2.6B |
ETSY INC Quarterly Revenue & Net Profit History
ETSY INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $831.5M | +7.6% | $104.7M | 12.6% |
| Q4 FY2025 | $881.6M | +3.5% | $110.7M | 12.6% |
| Q3 FY2025 | $678.0M | +2.4% | $75.5M | 11.1% |
| Q2 FY2025 | $672.7M | +3.8% | $28.8M | 4.3% |
| Q1 FY2025 | $651.2M | +0.8% | $-52.1M | -8.0% |
| Q4 FY2024 | $852.2M | +1.2% | $129.9M | 15.2% |
| Q3 FY2024 | $662.4M | +4.1% | $57.4M | 8.7% |
| Q2 FY2024 | $647.8M | +3.0% | $53.0M | 8.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $647.8M | $662.4M | $852.2M | $651.2M | $672.7M | $678.0M | $881.6M | $831.5M |
| YoY Growth | 3.0% | 4.1% | 1.2% | 0.8% | 3.8% | 2.4% | 3.5% | 7.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.45B | $2.44B | $2.42B | $2.12B | $2.56B | $2.65B | $2.83B | $2.68B |
| Liabilities | $3.08B | $3.07B | $3.18B | $3.03B | $3.68B | $3.77B | $3.93B | $3.82B |
| Equity | $-635.0M | $-624.3M | $-758.9M | $-910.3M | $-1.12B | $-1.11B | $-1.10B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $151.1M | $217.4M | $315.0M | $49.2M | $108.1M | $219.0M | $317.1M | $725.0M |