Etsy, Inc. (ETSY)
NYSE: ETSY · Real-Time Price · USD
88.96
-2.63 (-2.87%)
At close: Oct 30, 2026, 4:00 PM EDT
88.00
-0.96 (-1.08%)
After-hours: Oct 30, 2026, 7:30 PM EDT
Etsy, Inc. Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 987.28 | 162.98 | 303.28 | 307.57 | -694.29 | 493.51 |
Depreciation & Amortization | 52.46 | 50.95 | 57.37 | 57.02 | 59.4 | 44.27 |
Other Amortization | 50.9 | 50.9 | 50.7 | 34.3 | 37.3 | 30 |
Asset Writedown & Restructuring Costs | - | 101.7 | - | 68.09 | 1,045 | - |
Stock-Based Compensation | 230.37 | 244.75 | 282.85 | 284.56 | 230.89 | 139.91 |
Provision & Write-off of Bad Debts | 6.49 | 9.01 | 11.95 | 19.63 | 12.46 | 16.03 |
Other Operating Activities | -599.66 | 73.83 | -33.41 | -41.96 | -47.64 | -96.05 |
Change in Accounts Receivable | -10.03 | -10.03 | 3.57 | -16.07 | -14.06 | -19.26 |
Change in Accounts Payable | 2.5 | 2.5 | -3.51 | 2.58 | 0.53 | -14.17 |
Change in Unearned Revenue | 6.98 | 6.98 | 4.95 | 0.46 | 1.91 | 1.44 |
Change in Other Net Operating Assets | 82.54 | -0.13 | 74.72 | -10.68 | 52.09 | 55.87 |
Operating Cash Flow | 598.11 | 693.41 | 752.47 | 705.51 | 683.61 | 651.55 |
Operating Cash Flow Growth | -13.47% | -7.85% | 6.66% | 3.20% | 4.92% | -4.04% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -5.62 | -15.39 | -14.21 | -12.95 | -10.24 | -11.25 |
Cash Acquisitions | - | - | - | - | - | -1,700 |
Divestitures | - | 100.49 | - | - | - | - |
Sale (Purchase) of Intangibles | -32.96 | -39.28 | -29.29 | -26.96 | -26.96 | -18.86 |
Investment in Securities | -26.87 | -13.74 | -9.6 | -33.4 | 7.18 | 172.11 |
Investing Cash Flow | 1,243 | 32.08 | -53.1 | -73.31 | -30.02 | -1,558 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 700 | - | - | - | 1,000 |
Long-Term Debt Repaid | - | -6.16 | -6.09 | -6.28 | -6.31 | -52.76 |
Net Debt Issued (Repaid) | -4.76 | 693.84 | -6.09 | -6.28 | -6.31 | 947.24 |
Issuance of Common Stock | 17.27 | 17.67 | 3.91 | 14.23 | 15.02 | 22.71 |
Repurchase of Common Stock | -1,022 | -852.12 | -785.49 | -660.41 | -504.89 | -420.94 |
Other Financing Activities | 0.11 | -29.26 | 0.5 | -4.07 | -10.31 | -96.25 |
Financing Cash Flow | -1,009 | -169.88 | -787.17 | -656.53 | -506.48 | 452.75 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | -8.81 | 37.56 | -15.35 | 12.03 | -6.02 | -10.23 |
Net Cash Flow | 822.81 | 593.18 | -103.15 | -12.3 | 141.08 | -463.9 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 592.49 | 678.03 | 738.26 | 692.56 | 673.38 | 640.3 |
Free Cash Flow Growth | -12.01% | -8.16% | 6.60% | 2.85% | 5.17% | -5.37% |
Free Cash Flow Margin | 19.68% | 23.51% | 26.29% | 25.20% | 26.24% | 27.49% |
Free Cash Flow Per Share | 4.88 | 5.46 | 5.61 | 4.94 | 5.31 | 4.37 |
Levered Free Cash Flow | 612.86 | 517.3 | 662.33 | 560.28 | 551.55 | 528.13 |
Unlevered Free Cash Flow | 626.95 | 528.86 | 670.96 | 569.06 | 560.41 | 534.31 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 12.24 | 12.24 | 9.05 | 9.32 | 9.53 | 6.05 |
Cash Income Tax Paid | 16.92 | 63.41 | 89.6 | 42.7 | 41.68 | 94.16 |
Change in Working Capital | 81.98 | -0.69 | 79.72 | -23.7 | 40.47 | 23.88 |