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ETSY · Etsy Inc · Financials

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$89.86 -2.59 (-2.80%) Q3 2026 earnings call transcript
Market Cap
$7.97B
Shares
86.21M
Volume · Nov 3 2.7M Avg daily vol (3M) 3.35M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$2.88B +2.7%
FY2025 Revenue FY2013–FY2025
Net Income
$162.98M -46.3%
FY2025 Net Income FY2013–FY2025
Gross Margin
71.64% -0.8pp
FY2025 Gross Margin FY2013–FY2025
Operating Margin
9.23% -4.3pp
FY2025 Operating Margin FY2013–FY2025
Diluted EPS
$1.39 -40.9%
FY2025 Diluted EPS FY2015–FY2025
Operating Cash Flow
$693.41M -7.8%
FY2025 Operating Cash Flow FY2013–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013
$3.01B $2.88B $2.81B $2.75B $2.57B $2.33B $1.73B $818.38M $603.69M $441.23M $364.97M $273.5M $195.59M $125.02M
$864.42M $817.8M $774.55M $828.68M $744.59M $654.51M $464.75M $271.04M $190.76M $150.99M $123.33M $96.98M $73.63M $47.78M
$2.15B $2.07B $2.03B $1.92B $1.82B $1.67B $1.26B $547.34M $412.93M $290.25M $241.64M $176.52M $121.96M $77.24M
— 71.64% 72.42% 69.85% 70.98% 71.9% 73.07% 66.88% 68.4% 65.78% 66.21% 64.54% 62.35% 61.78%
$461.04M $450.19M $443.06M $469.33M $412.4M $271.54M $180.08M $121.88M $97.25M $74.62M $55.08M $42.69M $36.63M $27.55M
$950.72M $914.83M $856.57M $759.2M $710.4M $654.8M $500.76M $215.57M $158.01M $109.09M $82.25M — — —
$312.37M $332.77M $353.95M $343.24M $312.26M $282.53M $156.04M $121.13M $82.88M $91.49M $86.18M $68.94M $51.92M $31.11M
— $31M $38.1M $39.7M $41.3M $28.4M $15.2M $9.6M $4.3M $3.4M $3.3M $2.2M $1.5M $300K
$103.36M $101.85M $108.07M $91.32M $96.7M $74.27M $58.19M $48.03M $26.74M $27.2M $22.53M $18.55M $17.22M $12.38M
— — — $26.19M — — — — -$249K $13.9M — — — —
$1.72B $1.8B $1.65B $1.64B $2.48B $1.21B $836.87M $458.58M $338.15M $278.35M $224.06M $178.4M $128.21M $76.51M
$421.53M $266.21M $380.21M $279.84M -$658.56M $465.73M $424.01M $88.76M $74.79M $11.9M $17.58M -$1.88M -$6.25M $733K
— 9.23% 13.54% 10.18% -25.66% 20% 24.57% 10.85% 12.39% 2.7% 4.82% -0.69% -3.2% 0.59%
$524.89M $368.06M $488.28M $371.16M -$561.86M $540M $482.2M $136.79M $101.53M $39.09M $40.1M $16.67M $10.97M $13.11M
— $18.51M $13.81M $14.04M $14.17M $9.89M $42.03M $24.32M $22.18M $11.13M $7.2M — — —
$43.6M -$19.55M $30.57M $12.98M -$3.42M $5.92M -$58.3M -$8.12M -$19.71M $20.37M -$20.45M -$26.11M -$4.01M -$675K
$465.13M $246.67M $410.78M $292.82M -$661.98M $471.65M $365.71M $80.65M $55.08M $32.27M -$2.88M -$27.99M -$10.26M $58K
$84.66M $83.68M $107.49M -$14.75M $32.31M -$21.85M $16.46M -$15.25M -$22.41M -$49.54M $27.03M $26.07M $4.98M $854K
$987.28M $162.98M $303.28M $307.57M -$694.29M $493.51M $349.25M $95.89M $77.49M $81.8M -$29.9M -$54.06M -$15.24M -$796K
— 5.65% 10.8% 11.19% -27.06% 21.19% 20.24% 11.72% 12.84% 18.54% -8.19% -19.77% -7.79% -0.64%
— — — — — — $349.25M $95.89M $77.45M $81.72M -$29.9M -$54.06M — —
$1.21B $234.35M $273M $354.32M -$933.49M $412.54M $363.9M $95.01M $76.06M $56.95M -$22.23M -$39.32M -$19.34M -$584K
USD/shares $10.64 $1.59 $2.64 $2.51 -$5.48 $3.88 $2.88 $0.80 $0.64 $0.69 -$0.26 -$0.59 — —
USD/shares $8.55 $1.39 $2.35 $2.24 -$5.48 $3.40 $2.69 $0.76 $0.61 $0.68 -$0.26 -$0.59 — —
shares — 102.36M 114.94M 122.5M 126.78M 127.22M 121.25M 119.67M 120.15M 118.54M 113.56M 91.12M 40.25M 32.67M
shares — 124.11M 131.72M 140.15M 126.78M 146.68M 136.41M 125.72M 127.08M 122.27M 113.56M 91.12M 40.25M 32.67M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2013–FY2025: $3.4B in buybacks.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Long-term debt, including current maturities 2026-09-30 USD 1,688,345,000 10-Q filed 2026-10-28
Noncurrent finance lease liabilities 2026-09-30 USD 92,134,000 10-Q filed 2026-10-28
Short-term borrowings 2026-09-30 USD 1,298,793,000 10-Q filed 2026-10-28
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
2.95×
Peer median 1.31×
EV/EBIT
21.09×
Peer median 25.25×
P/E (TTM)
—
Peer median 31.30×
EV/Adj. EBITDA (FY2025)
12.10×
Peer median 22.80×

Peer medians compare against the 9 similar-size Internet Retail companies (of 33 listed).

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
United States $1,465,922,000 $1,467,715,000 $1,472,677,000 $1,429,650,000 $1,393,637,000 $1,150,725,000 $550,257,000 $422,523,000
Non-US and United Kingdom $1,121,420,000 $1,019,724,000 $927,811,000 $792,673,000 $606,274,000 $379,073,000 $195,651,000 $129,785,000
United Kingdom $296,159,000 $320,893,000 $347,889,000 $343,788,000 $329,203,000 $195,827,000 $72,471,000 $51,385,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Marketplace Revenue $2,007,164,000 $2,020,744,000 $1,997,190,000 $1,910,887,000 $1,745,824,000 $1,303,126,000 $593,646,000 $444,765,000
Services Revenue $876,337,000 $787,588,000 $751,187,000 $655,224,000 $583,290,000 $422,499,000 $224,733,000 $158,928,000
Key facts CIK 1370637 CUSIP 29786A106 13F (30d) 174 filings 155 filers Visit website Investor relations