Etsy, Inc. (ETSY)

NYSE: ETSY · Services-Business Services, NEC · Brooklyn, NY · filing with the SEC since 2006

Grade5.5

◀ Past 6.5● Present 5.4▶ Future 5.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 19, 2026	Feb 19, 2025	Feb 22, 2024	Feb 23, 2023	Feb 25, 2022	Feb 26, 2021	Feb 27, 2020	Feb 28, 2019	Mar 1, 2018	Feb 28, 2017
Revenue	2,883,501	2,808,332	2,748,377	2,566,111	2,329,114	1,725,625	818,379	603,693	441,231	364,967
Cost of revenue	817,800	774,554	828,675	744,592	654,512	464,745	271,036	190,762	150,986	123,328
Gross profit	2,065,701	2,033,778	1,919,702	1,821,519	1,674,602	1,260,880	547,343	412,931	290,245	241,639
Research and development	450,192	443,056	469,332	412,398	271,535	180,080	121,878	97,249	74,616	55,083
Sales and marketing	914,830	856,565	759,196	710,399	654,804	500,756	215,570	158,013	109,085	82,248
General and administrative	332,766	353,949	343,242	312,260	282,531	156,035	121,134	82,883	91,486	86,180
Total operating expenses	1,799,491	1,653,570	1,639,861	2,480,079	1,208,870	836,871	458,582	338,145	278,349	224,062
Operating income	266,210	380,208	279,841	-658,560	465,732	424,009	88,761	74,786	11,896	17,577
Interest expense	18,509	13,806	14,042	14,168	9,885	42,025	24,320	22,178	11,130	7,204
Interest and investment income	·	·	·	·	2,137	7,102	13,199	8,957	2,394	1,702
Total non-operating income (expense)	-19,545	30,567	12,979	-3,418	5,922	-58,300	-8,115	-19,708	20,369	-20,453
Income before income taxes	246,665	410,775	292,820	-661,978	471,654	365,709	80,646	55,078	32,265	-2,876
Income tax expense	83,683	107,494	-14,748	32,310	-21,853	16,463	-15,248	-22,413	-49,535	27,025
Net income	162,982	303,281	307,568	-694,288	493,507	349,246	95,894	77,491	81,800	-29,901
Net income to common shareholders	·	·	·	·	·	349,246	95,894	77,454	81,720	-29,901
Earnings per share, basic	1.59	2.64	2.51	-5.48	3.88	2.88	0.80	0.64	0.69	-0.26
Earnings per share, diluted	1.39	2.35	2.24	-5.48	3.40	2.69	0.76	0.61	0.68	-0.26
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	·	-0.26
Weighted average shares, basic	102,356,000	114,944,000	122,503,000^r	126,779,000^r	127,224,974	121,251,588	119,665,248	120,146,076	118,538,687	113,562,738
Weighted average shares, diluted	124,114,000	131,721,000	140,145,000^r	126,779,000^r	146,683,324	136,414,592	125,720,073	127,084,785	122,267,673	113,562,738
Weighted average shares, basic and diluted	·	·	·	·	·	·	·	·	·	113,562,738

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
us-gaap:InterestExpenseDebt

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton ETSY · research, not advice