ETSY Chart
About

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments. The company operates Etsy marketplace that connects artisans with various consumers; and Depop, a fashion resale marketplace. It also provides marketplace activities, including transaction offsite advertising, payments processing, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Internet Retail Market Cap 5.27B
Enterprise Value 6.73B Income 162.98M Sales 2.88B
Book/sh -11.32 Cash/sh 16.83 Dividend Yield —
Payout 0.00% Employees 2375 IPO —
P/E 35.92 Forward P/E 8.67 PEG —
P/S 1.83 P/B -4.70 P/C —
EV/EBITDA 16.07 EV/Sales 2.33 Quick Ratio 1.19
Current Ratio 1.44 Debt/Eq — LT Debt/Eq —
EPS (ttm) 1.48 EPS next Y 6.13 EPS Growth -7.10%
Revenue Growth 3.50% Earnings 2026-04-29 ROA 8.77%
ROE — ROIC — Gross Margin 71.64%
Oper. Margin 14.68% Profit Margin 5.65% Shs Outstand 98.71M
Shs Float 84.42M Short Float 21.27% Short Ratio 4.75
Short Interest — 52W High 76.52 52W Low 40.05
Beta 1.76 Avg Volume 3.72M Volume 966.48K
Target Price $61.73 Recom Hold Prev Close $54.40
Price $53.16 Change -2.28%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$61.73
Mean price target
2. Current target
$53.16
Latest analyst target
3. DCF / Fair value
$94.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$53.16
Low
$47.00
High
$83.00
Mean
$61.73

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-23 reit BTIG Buy → Buy $65
2026-02-20 main Canaccord Genuity Buy → Buy $72
2026-02-20 main JP Morgan Neutral → Neutral $58
2026-02-20 main UBS Neutral → Neutral $53
2026-02-20 main Wells Fargo Underweight → Underweight $47
2026-02-20 main B. Riley Securities Buy → Buy $70
2026-02-20 up Barclays Equal-Weight → Overweight $72
2026-02-20 main Truist Securities Buy → Buy $83
2026-02-20 main Stifel Hold → Hold $55
2026-02-20 main Evercore ISI Group In-Line → In-Line $56
2026-02-20 main Cantor Fitzgerald Neutral → Neutral $51
2026-02-20 main Needham Buy → Buy $65
2026-02-20 main BTIG Buy → Buy $65
2026-02-12 main Jefferies Hold → Hold $55
2026-01-27 main Stifel Hold → Hold $62
2026-01-08 main Cantor Fitzgerald Neutral → Neutral $55
2025-12-30 main BTIG Buy → Buy $74
2025-12-19 main Wedbush Neutral → Neutral $66
2025-12-15 main Citigroup Neutral → Neutral $60
2025-12-11 main Jefferies Hold → Hold $60
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 300 13405.0 — Sale at price 44.63 - 45.72 per share. BLOW MARLA J Director — 2026-02-17 00:00:00 D
1 21666 230093.0 — Conversion of Exercise of derivative security at price 10.62 per share. SILVERMAN JOSH Director — 2026-02-02 00:00:00 D
2 21666 1153830.0 — Sale at price 53.25 - 53.83 per share. SILVERMAN JOSH Director — 2026-02-02 00:00:00 D
3 24898 nan — — BAKER CHARLES C. Chief Financial Officer — 2026-01-30 00:00:00 D
4 5636 329417.0 — Sale at price 57.51 - 59.31 per share. BUCKLEY MERILEE Officer — 2026-01-05 00:00:00 D
5 107228 920393.0 — Conversion of Exercise of derivative security at price 10.62 per share. SILVERMAN JOSH Director — 2026-01-02 00:00:00 D
6 86666 4980170.0 — Sale at price 56.49 - 57.86 per share. SILVERMAN JOSH Director — 2026-01-02 00:00:00 D
7 12111 nan — — PATEL GOYAL KRUTI Chief Executive Officer — 2025-12-31 00:00:00 D
8 1818 nan — — COLBURN RICHARD EDWARD III Chief Technology Officer — 2025-12-31 00:00:00 D
9 9099 nan — — BUCKLEY MERILEE Officer — 2025-12-31 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems3.51M-16.18M-219.50M3.69M
TaxRateForCalcs0.260.210.210.27
NormalizedEBITDA519.26M475.25M494.12M542.14M
TotalUnusualItems13.39M-77.07M-1.05B13.67M
TotalUnusualItemsExcludingGoodwill13.39M-77.07M-1.05B13.67M
NetIncomeFromContinuingOperationNetMinorityInterest303.28M307.57M-694.29M493.51M
ReconciledDepreciation108.07M91.32M96.70M74.27M
ReconciledCostOfRevenue774.55M828.67M744.59M654.51M
EBITDA532.65M398.19M-551.11M555.81M
EBIT424.58M306.86M-647.81M481.54M
NetInterestIncome17.18M21.96M-3.21M-7.75M
InterestExpense13.81M14.04M14.17M9.88M
InterestIncome30.98M36.00M10.96M2.14M
NormalizedIncome293.40M368.45M131.44M483.53M
NetIncomeFromContinuingAndDiscontinuedOperation303.28M307.57M-694.29M493.51M
TotalExpenses2.43B2.40B2.18B1.86B
TotalOperatingIncomeAsReported380.21M279.84M-658.56M465.73M
DilutedAverageShares131.72M140.15M126.78M146.68M
BasicAverageShares114.94M122.50M126.78M127.22M
DilutedEPS2.352.24-5.483.40
BasicEPS2.642.51-5.483.88
DilutedNIAvailtoComStockholders309.61M313.90M-694.29M498.41M
AverageDilutionEarnings6.33M6.34M0.004.90M
NetIncomeCommonStockholders303.28M307.57M-694.29M493.51M
NetIncome303.28M307.57M-694.29M493.51M
NetIncomeIncludingNoncontrollingInterests303.28M307.57M-694.29M493.51M
NetIncomeContinuousOperations303.28M307.57M-694.29M493.51M
TaxProvision107.49M-14.75M32.31M-21.85M
PretaxIncome410.77M292.82M-661.98M471.65M
OtherIncomeExpense13.39M-77.07M-1.05B13.67M
SpecialIncomeCharges0.00-70.72M-1.05B0.00
GainOnSaleOfBusiness0.00-2.63M0.000.00
ImpairmentOfCapitalAssets0.0068.09M1.05B0.00
GainOnSaleOfSecurity13.39M-6.35M-206.00K13.67M
NetNonOperatingInterestIncomeExpense17.18M21.96M-3.21M-7.75M
InterestExpenseNonOperating13.81M14.04M14.17M9.88M
InterestIncomeNonOperating30.98M36.00M10.96M2.14M
OperatingIncome380.21M347.93M386.46M465.73M
OperatingExpense1.65B1.57B1.44B1.21B
ResearchAndDevelopment443.06M469.33M412.40M271.54M
SellingGeneralAndAdministration1.21B1.10B1.02B937.34M
SellingAndMarketingExpense856.57M759.20M710.40M654.80M
GeneralAndAdministrativeExpense353.95M343.24M312.26M282.53M
OtherGandA353.95M343.24M312.26M282.53M
GrossProfit2.03B1.92B1.82B1.67B
CostOfRevenue774.55M828.67M744.59M654.51M
TotalRevenue2.81B2.75B2.57B2.33B
OperatingRevenue2.81B2.75B2.57B2.33B
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber108.54M119.07M125.05M127.02M
ShareIssued108.54M119.07M125.05M127.02M
NetDebt1.48B1.37B1.36B1.50B
TotalDebt2.39B2.39B2.39B2.39B
TangibleBookValue-1.31B-1.14B-1.22B-1.35B
InvestedCapital1.53B1.74B1.73B2.90B
WorkingCapital662.58M859.66M881.99M725.91M
NetTangibleAssets-1.31B-1.14B-1.22B-1.35B
CapitalLeaseObligations99.63M105.70M110.43M112.70M
CommonStockEquity-758.87M-543.72M-547.27M628.62M
TotalCapitalization1.53B1.74B1.73B2.90B
TotalEquityGrossMinorityInterest-758.87M-543.72M-547.27M628.62M
StockholdersEquity-758.87M-543.72M-547.27M628.62M
GainsLossesNotAffectingRetainedEarnings-297.75M-267.47M-314.22M-75.01M
OtherEquityAdjustments-297.75M-267.47M-314.22M-75.01M
RetainedEarnings-1.78B-1.36B-1.05B71.74M
AdditionalPaidInCapital1.32B1.08B815.09M631.76M
CapitalStock109.00K119.00K125.00K127.00K
CommonStock109.00K119.00K125.00K127.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.18B3.23B3.18B3.20B
TotalNonCurrentLiabilitiesNetMinorityInterest2.51B2.52B2.55B2.59B
OtherNonCurrentLiabilities122.01M121.70M120.41M122.42M
NonCurrentDeferredLiabilities7.96M13.19M44.73M79.48M
NonCurrentDeferredTaxesLiabilities7.96M13.19M44.73M79.48M
LongTermDebtAndCapitalLeaseObligation2.38B2.38B2.39B2.39B
LongTermCapitalLeaseObligation93.48M99.62M105.70M110.28M
LongTermDebt2.29B2.28B2.28B2.28B
CurrentLiabilities665.11M710.78M631.75M615.59M
OtherCurrentLiabilities49.27M41.21M19.06M24.50M
CurrentDeferredLiabilities19.21M14.63M14.01M12.34M
CurrentDeferredRevenue19.21M14.63M14.01M12.34M
CurrentDebtAndCapitalLeaseObligation6.15M6.08M4.73M2.42M
CurrentCapitalLeaseObligation6.15M6.08M4.73M2.42M
PensionandOtherPostRetirementBenefitPlansCurrent75.68M95.84M63.72M66.48M
PayablesAndAccruedExpenses514.81M553.02M530.23M509.85M
CurrentAccruedExpenses148.71M120.80M127.79M115.59M
Payables366.09M432.21M402.44M394.26M
TotalTaxPayable150.56M136.91M139.72M146.05M
AccountsPayable215.54M295.31M262.72M248.21M
TotalAssets2.42B2.69B2.63B3.83B
TotalNonCurrentAssets1.09B1.11B1.12B2.49B
OtherNonCurrentAssets45.04M45.19M47.70M56.12M
NonCurrentDeferredAssets145.63M137.78M121.51M95.86M
NonCurrentDeferredTaxesAssets145.63M137.78M121.51M95.86M
InvestmentsAndAdvances111.72M86.68M29.14M85.03M
InvestmentinFinancialAssets29.14M85.03M
AvailableForSaleSecurities29.14M85.03M
GoodwillAndOtherIntangibleAssets550.99M595.52M673.13M1.98B
OtherIntangibleAssets413.90M457.14M535.41M607.17M
Goodwill137.09M138.38M137.72M1.37B
NetPPE236.71M249.79M249.74M275.06M
AccumulatedDepreciation-302.73M-244.05M-204.19M-157.04M
GrossPPE539.44M493.85M453.93M432.11M
Leases65.51M62.22M56.09M48.15M
ConstructionInProgress309.39M269.02M419.00K10.84M
MachineryFurnitureEquipment31.48M29.55M264.36M240.06M
BuildingsAndImprovements133.06M133.06M133.06M133.06M
Properties0.000.000.000.00
CurrentAssets1.33B1.57B1.51B1.34B
OtherCurrentAssets89.93M129.88M80.20M109.42M
PrepaidAssets109.42M
Receivables198.26M290.12M261.85M247.47M
AccountsReceivable198.26M290.12M261.85M247.47M
AllowanceForDoubtfulAccountsReceivable-6.09M-10.15M-8.30M-7.73M
GrossAccountsReceivable204.35M300.27M270.15M255.20M
CashCashEquivalentsAndShortTermInvestments1.04B1.15B1.17B984.61M
OtherShortTermInvestments228.32M236.12M250.41M204.42M
CashAndCashEquivalents811.18M914.32M921.28M780.20M
CashEquivalents388.45M565.42M
CashFinancial532.83M214.77M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow708.97M665.61M646.41M621.44M
RepurchaseOfCapitalStock-723.90M-576.97M-425.73M-302.77M
RepaymentOfDebt-6.09M-6.28M-6.31M-52.76M
IssuanceOfDebt0.000.001.00B
CapitalExpenditure-43.50M-39.91M-37.20M-30.11M
InterestPaidSupplementalData9.05M9.31M9.53M6.05M
IncomeTaxPaidSupplementalData89.58M42.68M41.68M94.16M
EndCashPosition811.18M914.32M926.62M785.54M
BeginningCashPosition914.32M926.62M785.54M1.25B
EffectOfExchangeRateChanges-15.35M12.03M-6.02M-10.23M
ChangesInCash-87.80M-24.33M147.10M-453.67M
FinancingCashFlow-787.17M-656.53M-506.48M452.75M
CashFlowFromContinuingFinancingActivities-787.17M-656.53M-506.48M452.75M
NetOtherFinancingCharges-61.09M-87.52M-89.47M-214.42M
ProceedsFromStockOptionExercised3.91M14.23M15.02M22.71M
NetCommonStockIssuance-723.90M-576.97M-425.73M-302.77M
CommonStockPayments-723.90M-576.97M-425.73M-302.77M
NetIssuancePaymentsOfDebt-6.09M-6.28M-6.31M947.24M
NetLongTermDebtIssuance-6.09M-6.28M-6.31M947.24M
LongTermDebtPayments-6.09M-6.28M-6.31M-52.76M
LongTermDebtIssuance0.000.001.00B
InvestingCashFlow-53.10M-73.31M-30.02M-1.56B
CashFlowFromContinuingInvestingActivities-53.10M-73.31M-30.02M-1.56B
NetOtherInvestingChanges-6.46M-1.94M
NetInvestmentPurchaseAndSale-9.60M-33.40M7.17M172.11M
SaleOfInvestment321.16M309.45M277.52M590.63M
PurchaseOfInvestment-330.76M-342.85M-270.35M-418.52M
NetBusinessPurchaseAndSale0.000.00-1.70B
PurchaseOfBusiness0.000.00-1.70B
NetIntangiblesPurchaseAndSale-29.29M-26.97M-26.96M-1.94M
PurchaseOfIntangibles-29.29M-26.97M-26.96M-1.94M
NetPPEPurchaseAndSale-14.21M-12.94M-10.24M-28.17M
PurchaseOfPPE-14.21M-12.94M-10.24M-28.17M
OperatingCashFlow752.47M705.51M683.61M651.55M
CashFlowFromContinuingOperatingActivities752.47M705.51M683.61M651.55M
ChangeInWorkingCapital79.72M-23.70M40.47M23.88M
ChangeInOtherWorkingCapital4.95M457.00K1.91M1.44M
ChangeInOtherCurrentLiabilities2.54M4.78M14.42M40.42M
ChangeInOtherCurrentAssets-1.38M-2.41M7.39M-25.16M
ChangeInPayablesAndAccruedExpense-38.36M66.35M27.54M154.56M
ChangeInAccruedExpense34.24M34.44M6.44M84.79M
ChangeInPayable-72.60M31.91M21.10M69.77M
ChangeInAccountPayable-72.60M31.91M21.10M69.77M
ChangeInPrepaidAssets39.32M-47.49M23.84M-44.19M
ChangeInReceivables72.67M-45.39M-34.63M-103.20M
ChangesInAccountReceivables72.67M-45.39M-34.63M-103.20M
OtherNonCashItems-18.96M5.50M7.66M6.98M
StockBasedCompensation282.85M284.56M230.89M139.91M
ProvisionandWriteOffofAssets11.95M19.63M12.46M16.03M
AssetImpairmentCharge0.0068.09M1.05B0.00
DeferredTax-14.45M-50.09M-55.30M-88.95M
DeferredIncomeTax-14.45M-50.09M-55.30M-88.95M
DepreciationAmortizationDepletion108.07M91.32M96.70M74.27M
DepreciationAndAmortization108.07M91.32M96.70M74.27M
OperatingGainsLosses2.63M1.24M-14.07M
NetForeignCurrencyExchangeGainLoss7.40M1.24M-14.07M
GainLossOnSaleOfBusiness0.002.63M0.000.00
NetIncomeFromContinuingOperations303.28M307.57M-694.29M493.51M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ETSY
Date User Asset Broker Type Position Size Entry Price Patterns