Saturday 17 October 2026 Export ETSY’s income statement to Excel — free account

Etsy, Inc.

In the quarter to June 2026, revenue grew 6.23%, EPS fell 275.0%, free cash flow fell 64.3% and total debt was flat, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

85.14 4.04 −4.53%

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Market cap: $8.2B
P/E: 40.2×
Fwd P/E: 18.9×
Dividend yield: —
F-score: 5/9
Altman Z: 1.26
Beneish M: −3.45
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 80.06

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	5	1	2	4	1	6	5	5	6	8	3	5

Insider Ownership 3.89%

Capital & Financial Ratios $m

Market Cap 8,190.00

Revenue 2,941.76

Net Income 209.27

Free Cash Flow 613.51

Net Debt 1,953.52

Current Ratio 1.48

Debt/Equity (2.20)

P/E ratio 40.16

Fwd P/E 18.90

P/S ratio 2.73

P/B ratio 0.00

Past 5Y EPS Growth (12.37%)

This Y EPS Growth 138.81%

Next Y EPS Growth 37.48%

Next Y revenue growth (1.20%)

Next 5Y EPS Growth 55.59%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 47.82%

10-year low 10-year high

P/S against its own 10 years 23.11%

10-year low 10-year high

EV/Sales against its own 10 years 32.92%

10-year low 10-year high

EV/FCF against its own 10 years 30.38%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,150	1,040	1,620	1,122
Receivables	290	198	214	203
Inventory	—	—	—	—
Other	—	—	—	—
	1,570	1,328	1,961	1,875

	2023	2024	2025	Q'26
Payables	30	26	29	20
ST’ Debt	—	—	649	650
Other	41	55	61	50
	711	665	1,364	1,270

Compound Annual Growth %

	10y	5y	3y
Sales	26.56%	10.81%	3.96%
Cash Flow	35.53%	0.42%	0.48%
Earnings	0.00%	(14.14%)	0.00%
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	631	668	—	—	—
’25	612	629	678	964	2,884
’24	646	648	662	852	2,808
’23	641	629	636	842	2,748
’22	579	585	594	807	2,566
’21	551	529	532	717	2,329
’20	228	429	451	617	1,726

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	81	41	—	—	—
’25	49	108	219	317	693
’24	69	151	217	315	752
’23	56	136	219	295	706
’22	60	126	207	292	684
’21	148	122	91	290	652
’20	30	220	185	244	679

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	71	33	—	—	—
’25	37	92	202	308	639
’24	59	141	204	304	709
’23	47	128	208	283	666
’22	50	118	192	286	646
’21	145	116	81	279	621
’20	28	220	183	240	671

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.60	(0.36)	—	—	—
’25	(0.49)	0.25	0.63	0.92	1.39
’24	0.48	0.41	0.45	1.03	2.35
’23	0.53	0.45	0.64	0.62	2.24
’22	0.60	0.51	(7.62)	0.77	(5.48)
’21	1.00	0.68	0.62	1.11	3.40
’20	0.10	0.75	0.70	1.08	2.69

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	6.04	9.41	16.72	39.76	29.95	153.80	67.01	58.20	47.10	40.05	Analyst estimates 2026–2028 Powerpack
	High	16.05	21.86	58.30	73.35	198.50	307.75	223.22	149.91	82.84	76.52
People
People	Employees	1,043	744	545	1,240	1,414	2,402	2,790	2,420	2,400	2,375
	Revenue/emp, $m	0.35	0.59	1.11	0.66	1.22	0.97	0.92	1.14	1.17	1.21
Income, $m
Income, $m	Revenue	365	441	604	818	1,726	2,329	2,566	2,748	2,808	2,884
	Gross margin, %	66.21	65.78	68.40	66.88	73.07	71.90	70.98	69.85	72.42	71.64
	EBT	(3)	32	55	81	366	472	(662)	293	411	247
	EBT margin, %	(0.79)	7.31	9.12	9.85	21.19	20.25	(25.80)	10.65	14.63	8.55
	Net income	(30)	82	77	96	349	494	(694)	308	303	163
	Depreciation	40	28	28	50	58	74	97	91	108	102
Per share, $
Per share, $	Revenue	3.21	3.72	5.02	6.84	14.23	18.31	20.24	22.44	24.43	28.17
	Earnings	(0.26)	0.69	0.64	0.80	2.88	3.88	(5.48)	2.51	2.64	1.59
	Cash flow	0.42	0.58	1.66	1.73	5.60	5.12	5.39	5.76	6.55	6.77
	Capex	(0.42)	(0.11)	(0.47)	(0.14)	(0.07)	(0.24)	(0.29)	(0.33)	(0.38)	(0.53)
	Free cash flow	0.00	0.47	1.19	1.59	5.53	4.88	5.10	5.43	6.17	6.24
	Book value	3.04	3.35	3.34	3.40	6.12	4.94	(4.32)	(4.44)	(6.60)	(10.73)
	Shares, m	114	119	120	120	121	127	127	123	115	102
Valuation, ×
Valuation, ×	P/E	0.00	30.35	73.18	56.08	62.42	56.28	0.00	32.17	19.88	33.00
	P/S	3.70	5.60	9.47	6.48	12.50	11.96	5.61	3.61	2.16	1.97
	P/B	3.91	6.22	14.26	13.04	29.06	44.31	0.00	0.00	0.00	0.00
	EV/Sales	3.10	4.97	9.00	6.52	12.18	12.56	6.09	4.06	2.64	2.49
	EV/FCF	5,278.96	39.20	38.03	28.12	31.33	46.94	24.24	16.95	10.57	11.34
Cash, $m
Cash, $m	Operating cash flow	48	69	199	207	679	652	684	706	752	693
	Capex	(48)	(13)	(56)	(17)	(8)	(30)	(37)	(40)	(43)	(55)
	Free cash flow	0	56	143	190	671	621	646	666	709	639
Balance, $m
Balance, $m	Working capital	287	337	568	733	1,440	726	882	860	663	597
	Total debt	70	70	343	851	1,120	2,392	2,394	2,383	2,382	3,076
	Net debt	(212)	(270)	(282)	33	(549)	1,407	1,223	1,233	1,342	1,456
	Shareholders’ equity	345	397	401	407	742	629	(547)	(544)	(759)	(1,098)
Returns, %
Returns, %	ROA	(5.27)	13.79	10.28	7.85	17.70	15.83	(21.47)	11.56	11.89	6.21
	ROIC	8.30	5.88	39.22	12.60	136.97	14.30	(60.94)	25.37	40.75	46.51
	ROE	(8.86)	22.06	19.43	23.75	60.79	71.99	(1,707.02)	(56.38)	(46.57)	(17.55)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
JD JD.com, Inc.	$32.9B	17.3×	10.9×	+2.54% (above 0%: growing)	+27.87% (above 0%: growing)	+64.77% (above 0%: growing)	17.12%	1.31%	Compare
CPNG Coupang, Inc.	$26.6B	— (loss-making)	— (loss-making)	+3.89% (above 0%: growing)	n/m	−79.35% (below 0%: shrinking)	28.16%	(6.28%)	Compare
W Wayfair Inc.	$15.3B	— (loss-making)	— (loss-making)	+7.52% (above 0%: growing)	n/m	+28.46% (above 0%: growing)	29.95%	2.96%	Compare
CART Maplebear Inc.	$11.8B	26.2×	17.0×	+14.11% (above 0%: growing)	+6.98% (above 0%: growing)	+157.22% (above 0%: growing)	72.00%	13.81%	Compare
CHWY Chewy	$8.6B	31.8×	23.1×	+7.28% (above 0%: growing)	+33.33% (above 0%: growing)	−15.49% (below 0%: shrinking)	30.36%	2.76%	Compare
ETSY Etsy, Inc.	$8.2B	40.2×	18.9×	+6.23% (above 0%: growing)	n/m	−64.33% (below 0%: shrinking)	72.43%	18.74%
GLBE Global-e Online Ltd.	$6.8B	42.7×	28.3×	+39.15% (above 0%: growing)	+366.67% (above 0%: growing)	+15.22% (above 0%: growing)	44.10%	14.94%	Compare
VIPS Vipshop Holdings Limited	$5.2B	4.1×	5.1×	+1.08% (above 0%: growing)	+221.95% (above 0%: growing)	+38.25% (above 0%: growing)	23.29%	6.15%	Compare
OZON Ozon Holdings PLC Sponsored ADR	$2.4B	— (loss-making)	— (loss-making)	+31.09% (above 0%: growing)	n/m	+116.83% (above 0%: growing)	10.69%	(9.16%)	Compare
Median of peers	$10.2B	26.2×	17.0×	+7.40%	+33.33%	+33.36%	29.06%	2.86%

All 42 Internet Retail stocks →

Etsy, Inc. (ETSY) key facts

Etsy, Inc. (ETSY) is an Internet Retail company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, ETSY traded at $85.14, a market capitalization of $8.2 billion.
Return on equity was −17.6% and debt-to-equity -2.20.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.26 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.