Etsy, Inc. (ETSY) — Financial statements
Income statement, balance sheet, and cash flow for Etsy, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,884↑2.7% | 2,808↑2.2% | 2,748↑7.1% | 2,566↑10.2% | 2,329 | |
| Cost of Revenue | 818↑5.6% | 775↓6.5% | 829↑11.3% | 745↑13.8% | 655 | |
| Gross Profit | 2,066↑1.6% | 2,034↑5.9% | 1,920↑5.4% | 1,822↑8.8% | 1,675 | |
| Operating Expenses | ||||||
| R&D Expenses | 450↑1.6% | 443↓5.6% | 469↑13.8% | 412↑51.9% | 272 | |
| General & Administrative Expenses | 333↓6.0% | 354↑3.1% | 343↑9.9% | 312↑10.5% | 283 | |
| Selling & Marketing Expenses | 915↑6.8% | 857↑12.8% | 759↑6.9% | 710↑8.5% | 655 | |
| SG&A Expenses | 1,248↑3.1% | 1,211↑9.8% | 1,102↑7.8% | 1,023↑9.1% | 937 | |
| Other Expenses | 0.00 | 0.00↓100.0% | 68↓93.5% | 1,045 | 0.00 | |
| Operating Expenses | 1,698↑2.7% | 1,654↑0.8% | 1,640↓33.9% | 2,480↑105.2% | 1,209 | |
| Total Costs & Expenses | 2,516↑3.6% | 2,428↓1.6% | 2,469↓23.4% | 3,225↑73.1% | 1,863 | |
| Operating Results | ||||||
| Operating Income | 368↓3.2% | 380↑35.9% | 280↑142.5% | -659↓241.4% | 466 | |
| Depreciation & Amortization | 102↓5.8% | 108↑18.3% | 91↓5.6% | 97↑30.2% | 74 | |
| EBITDA | 367↓31.1% | 533↑33.8% | 398↑172.3% | -551↓199.2% | 556 | |
| EBIT | 265↓37.5% | 425↑38.4% | 307↑147.4% | -648↓234.5% | 482 | |
| Interest & Other Income | ||||||
| Net Interest Income | 26↑51.3% | 17↓21.8% | 22↑783.6% | -3↑58.5% | -8 | |
| Interest Income | 44↑43.6% | 31↓13.9% | 36↑228.6% | 11↑412.7% | 2 | |
| Interest Expense | 19↑34.1% | 14↓1.7% | 14↓0.9% | 14↑43.3% | 10 | |
| Non-Operating Income | 103↑331.5% | -44↓64.2% | -27↓151.4% | -11↑32.0% | -16 | |
| Other Income / Expenses | -121↓496.7% | 31↑135.5% | 13↑479.7% | -3↓157.7% | 6 | |
| Income Before Tax | 247↓40.0% | 411↑40.3% | 293↑144.2% | -662↓240.4% | 472 | |
| Income Tax Expense | 84↓22.2% | 107↑828.9% | -15↓145.6% | 32↑247.9% | -22 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 163↓46.3% | 303↓1.4% | 308↑144.3% | -694↓240.7% | 494 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 163↓46.3% | 303↓1.4% | 308↑144.3% | -694↓240.7% | 494 | |
| Bottom-Line Net Income | 173↓44.1% | 310↓1.4% | 314↑145.2% | -694↓239.3% | 498 | |
| EPS (Basic) | 1.68↓36.4% | 2.64↑3.1% | 2.56↑146.7% | -5.48↓241.2% | 3.88 | |
| EPS (Diluted) | 1.39↓40.9% | 2.35↑4.9% | 2.24↑140.9% | -5.48↓261.2% | 3.40 | |
| Weighted Average Shares | 98↓14.6% | 115↓6.2% | 123↓3.4% | 127↓0.4% | 127 | |
| Weighted Average Diluted Shares | 124↓6.2% | 132↓6.0% | 140↑10.5% | 127↓13.6% | 147 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.