Etsy, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,864	2,884	2,808	2,748	2,566	2,329
Revenue Growth (YoY)	3.21%	2.68%	2.18%	7.10%	10.18%	34.97%
Cost of Revenue	801.42	817.8	774.55	828.68	744.59	654.51
Gross Profit	2,062	2,066	2,034	1,920	1,822	1,675
Selling, General & Admin	1,215	1,248	1,211	1,102	1,023	937.34
Research & Development	438.73	450.19	443.06	469.33	412.4	271.54
Other Operating Expenses	-	101.7	-	68.09	1,045	-
Total Operating Expenses	1,654	1,799	1,654	1,640	2,480	1,209
Operating Income	408.38	266.21	380.21	279.84	-658.56	465.73
Interest Income	36.18	44.49	30.98	36	10.96	2.14
Interest Expense	-15.11	-18.51	-13.81	-14.04	-14.17	-9.89
Other Non-Operating Income (Expense)	-36.13	-45.53	13.39	-8.98	-0.21	13.67
Total Non-Operating Income (Expense)	-15.05	-19.55	30.57	12.98	-3.42	5.92
Pretax Income	409.24	246.67	410.78	292.82	-661.98	471.65
Provision for Income Taxes	89.5	83.68	107.49	-14.75	32.31	-21.85
Net Income	284.76	162.98	303.28	307.57	-694.29	493.51
Earnings From Discontinued Operations	-34.98	-	-	-	-	-
Net Income to Common	284.76	162.98	303.28	307.57	-694.29	493.51
Net Income Growth	51.32%	-46.26%	-1.39%	-	-	41.31%
Shares Outstanding (Basic)	99	102	115	123	127	127
Shares Outstanding (Diluted)	123	124	132	140	127	147
Shares Change (YoY)	-1.44%	-5.78%	-6.01%	10.54%	-13.57%	7.53%
EPS (Basic)	2.89	1.59	2.64	2.51	-5.48	3.88
EPS (Diluted)	2.40	1.39	2.35	2.24	-5.48	3.40
EPS Growth	71.43%	-40.85%	4.91%	-	-	26.39%
Shares Outstanding	94.89	97.03	108.54	119.07	125.05	127.02
Free Cash Flow	711.35	678.03	738.26	692.56	673.38	640.3
Free Cash Flow Growth	4.92%	-8.16%	6.60%	2.85%	5.17%	-5.49%
Free Cash Flow Per Share	5.79	5.46	5.60	4.94	5.31	4.37
Gross Margin	72.01%	71.64%	72.42%	69.85%	70.98%	71.90%
Operating Margin	14.26%	9.23%	13.54%	10.18%	-25.66%	20.00%
Profit Margin	11.17%	5.65%	10.80%	11.19%	-27.06%	21.19%
FCF Margin	24.84%	23.51%	26.29%	25.20%	26.24%	27.49%
EBITDA	498.25	368.06	488.28	371.16	-561.86	540
EBITDA Margin	17.40%	12.76%	17.39%	13.50%	-21.90%	23.18%
EBIT	408.38	266.21	380.21	279.84	-658.56	465.73
EBIT Margin	14.26%	9.23%	13.54%	10.18%	-25.66%	20.00%
Effective Tax Rate	21.87%	33.93%	26.17%	-5.04%	-4.88%	-4.63%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q