Etsy, Inc. (ETSY)

From the record

Etsy, Inc.'s filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2025-09-29) (its current reports).

From the record

Etsy, Inc.'s 10 filed years say what it did: revenue went from $365 million in fiscal 2016 to $2.9 billion in fiscal 2025, up 25.8% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Etsy, Inc.'s diluted share count shrank about 0.7% a year, and dividends and buybacks returned about 97% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 105 sales (94 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Etsy, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 73 cents per dollar of everything the company owns. Leverage: it owed about 139 cents per dollar of assets, and net share issuance: its share count shrank 5.8% over the year (the filed statements).

From the record

Etsy, Inc.'s standing among 101 graded names in its industry family: revenue of $2.9 billion in fiscal 2025 ranks in the top 31% by size; a net margin of 5.7% ranks in the top 43%; revenue growth of 4% a year over the last 3 filed years ranks in the bottom 38% (its annual reports).

From the record

Etsy, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Patel, Goyal Kruti (Chief Executive Officer, as filed), filing under that title since 2026-01-05, 10 months (bottom 18% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 5 years (bottom 44%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Etsy, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.4 billion against debt of $2.3 billion leaves -33.2% of its assets as net cash, bottom 10% of its family; cash from operations less capital spending is 23.5% of revenue (top 19%); a gross margin of 71.6% (top 21%); research spending of 15.6% of revenue (top 36%) (its annual report).

From the record

Etsy, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4% a year over the last three filed years against 25.8% over all 10, slowing (bottom 10% of its family); the newest year grew 2.7% (bottom 36%); research spending grew 3% a year (bottom 42%); capital spending grew 14.5% a year (top 36%) (its annual reports). Etsy, Inc. reported 2 product lines in fiscal 2025: Marketplace Revenue at $2.0 billion (70%), Services Revenue at $876 million (30%); 1 of 2 grew against the year before (its annual report).

From the record

Etsy, Inc.'s newest year against its own record: revenue of $2.9 billion in fiscal 2025 came in 1.8% below the $2.9 billion its prior three years' pace pointed to (bottom 49% of its family); net income of $163 million against a prior three-year average of $28 million (top 3%); a net margin of 5.7% against -1.7% before (top 41%) (its annual reports).