— Know what they know.
Not Investment Advice
Also trades as: 0IIW.L (LSE) · $vol 0M · 3E2.DE (XETRA) · $vol 0M · 3E2.BE (BER) · $vol 0M · 3E2.F (FSX) · $vol 0M

ETSY NYSE

Etsy, Inc.
1W: +0.1% 1M: +27.0% 3M: +2.3% YTD: +52.8% 1Y: +18.4% 3Y: +34.9% 5Y: -61.3%
$87.66
+2.23 (+2.61%)
 
Weekly Expected Move ±6.7%
$75 $81 $87 $93 $99
NYSE · Consumer Cyclical · Specialty Retail · Tech Score Buy · Power 74 · $8.0B mcap · 91M float · 3.36% daily turnover · Short 67% of daily vol
Credit Risk of going bust: higher than 64% of companies Debt: 27.7% of company value Bonds: $324.1M held by 68 funds → details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $3.63 (down 96%), Etsy, Inc. would be worth roughly what it owes.
Total debt $3.08B against a stock market value of $8.05B.
Distance to default 3.93 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.82B (short-term plus half of long-term), stock volatility 50.8%; Altman Z'' -1.15. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue
$2.9B +2.7% ▲
5Y CAGR: +10.8%
Gross Profit
$2.1B +1.6% ▲
5Y CAGR: +10.4%
Operating Income
$266M -30.0% ▼
5Y CAGR: -8.9%
Net Income
$163M -46.3% ▼
5Y CAGR: -14.1%
EPS (Diluted)
$1.39 -40.9% ▼
5Y CAGR: -12.4%
EBITDA
$333M -37.5% ▼
5Y CAGR: -6.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$2.3B$2.6B$2.7B$2.8B$2.9B
YoY Growth+35.0%+10.2%+7.1%+2.2%+2.7%
Cost of Revenue$655M$745M$829M$775M$818M
Gross Profit$1.7B$1.8B$1.9B$2.0B$2.1B
Gross Margin71.9%71.0%69.8%72.4%71.6%
R&D Expenses$272M$412M$469M$443M$450M
SG&A Expenses$937M$1.0B$1.1B$1.2B$1.2B
Operating Expenses$1.2B$2.5B$1.6B$1.7B$1.8B
Operating Income$466M-$659M$280M$380M$266M
Operating Margin20.0%-25.7%10.2%13.5%9.2%
Interest Expense$10M$14M$14M$14M$9M
Income Before Tax$472M-$662M$293M$411M$247M
Tax Expense-$22M$32M-$15M$107M$84M
Net Income$494M-$694M$308M$303M$163M
Net Margin21.2%-27.1%11.2%10.8%5.7%
EPS (Diluted)$3.40$-5.48$2.24$2.35$1.39
EBITDA$556M-$551M$398M$533M$333M
Shares Outstanding147M127M140M132M124M

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms