OverviewSuggest Edit
Etsy is an e-commerce company developing a smartphone application for buying and selling handmade and vintage items, unique factory-manufactured items. The items cover art, photography, clothing, jewelry, food, bath and beauty products, quilts, knick-knacks and toys, beads, wire, and jewelry-making tools.
| Type | Public | |
| Founded | 2005 | |
| HQ | Brooklyn, US | Map |
| Website | etsy.com | |
| Employee Ratings | More | |
| Culture score | B- | More |
Key People/Management at Etsy
Josh Silverman
Chief Executive Officer
Fred Wilson
Chairman
Rachel Glaser
Chief Financial Officer
Mike Fisher
Chief Technology Officer
Jill Simeone
General Counsel and Secretary
Kruti Patel Goyal
Chief Product Officer
Etsy Office Locations
Etsy has offices in Brooklyn and Dublin
Brooklyn, US (HQ)
117 Adams St
Dublin, IE
66-67 Strand Street Great
Etsy Financials and Metrics
Etsy Revenue
Etsy's revenue was reported to be $818.38 m in FY, 2019 which is a 35.6% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2020) | 228.1m |
Gross profit (Q1, 2020) | 145.6m |
Gross profit margin (Q1, 2020), % | 63.9% |
Net income (Q1, 2020) | 12.5m |
EBIT (Q1, 2020) | 25.4m |
Market capitalization (22-May-2020) | 16.5b |
Closing stock price (22-May-2020) | 77.5 |
Cash (31-Mar-2020) | 442.4m |
EV | 16.9b |
Etsy's current market capitalization is $16.5 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 96.9m | 101.7m | 106.4m | 120.9m | 132.4m | 150.4m | 169.3m | 181.1m | 197.9m | 228.1m |
Cost of goods sold | 34.7m | 35.7m | 36.4m | 41.3m | 45.4m | 46.9m | 52.7m | 58.6m | 68.9m | 82.4m |
Gross profit | 62.2m | 66.0m | 70.0m | 79.6m | 87.0m | 103.4m | 116.7m | 122.5m | 129.0m | 145.6m |
Gross profit Margin, % | 64% | 65% | 66% | 66% | 66% | 69% | 69% | 68% | 65% | 64% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 194.8m | 226.9m | 260.3m | 533.9m | 357.8m | 362.7m | 345.7m | 359.2m | 671.8m | 442.4m |
Accounts Receivable | 25.1m | 25.0m | 27.2m | 31.3m | 30.6m | 36.4m | 10.8m | 10.6m | 12.5m | 11.7m |
Prepaid Expenses | 19.9m | 28.9m | 17.3m | 23.7m | 18.6m | 24.0m | 26.9m | 34.6m | 43.9m | 36.1m |
Current Assets | 355.2m | 376.2m | 400.4m | 705.0m | 666.2m | 707.9m | 724.0m | 743.7m | 945.8m | 907.0m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (421.0k) | 11.2m | 37.1m | 13.0m | 16.3m | 36.2m | 31.6m | 49.8m | 64.6m | 12.5m |
Depreciation and Amortization | 6.9m | 13.6m | 20.6m | 6.3m | 12.7m | 19.1m | 10.1m | 20.0m | 32.8m | 15.2m |
Accounts Payable | (3.4m) | (2.3m) | (2.6m) | (6.6m) | 368.0k | (80.0k) | ||||
Cash From Operating Activities | 3.3m | 15.4m | 32.3m | 26.4m | 66.5m | 97.1m | 31.5m | 81.3m | 128.3m | 29.7m |
| USD | Y, 2020 |
|---|---|
EV/EBIT | 665.8 x |
EV/CFO | 569.3 x |
Revenue/Employee | 178.7k |
Debt/Equity | 2.1 x |
Debt/Assets | 0.6 x |
Financial Leverage | 3.7 x |
P/E Ratio | 774.8 |
Etsy Operating Metrics
| Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | May, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Active Sellers | 1.14 m | 1.19 m | 1.28 m | 1.35 m | 1.43 m | 1.48 m | 1.53 m | 1.56 m | 1.60 m | 1.65 m | 1.71 m | 1.75 m | 1.80 m | 1.80 m | 1.80 m | 1.90 m | 1.93 m | 1.97 m | 1.98 m | 2.04 m | 2.12 m | 2.23 m | 2.33 m | 2.59 m | 2.70 m | 2.80 m |
Active Buyers | 15.26 m | 16.49 m | 18.10 m | 19.81 m | 20.84 m | 21.70 m | 22.60 m | 24.05 m | 25.03 m | 26.10 m | 27.14 m | 28.56 m | 29.67 m | 29.70 m | 30.60 m | 31.70 m | 33.36 m | 34.69 m | 35.83 m | 37.13 m | 39.45 m | 41.03 m | 42.74 m | 44.81 m | 46.40 m | 47.70 m |
Gross Merchandise Volume | $414.83 m | $438.47 m | $467.20 m | $1.93 b | $531.92 m | $546.20 m | $568.79 m | $2.39 b | $629.85 m | $669.70 m | $677.22 m | $2.84 b | $719.04 m | $748 m | $766.40 m | $3.25 b | $861.08 m | $901.69 m | $922.51 m | $3.90 b | $1.02 b | $1.09 b | $1.20 b | $5 b | $1.40 b | |
Retailers | 25 k |
Etsy Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Reverb | July 22, 2019 | $275 m |
| Blackbird Technologies , Inc. | September 19, 2016 | |
| A Little Market | June 23, 2014 | |
| Grand St. | April 24, 2014 | $10 m |
| Lascaux Co. | January 22, 2013 | |
| Trunkt | May 01, 2012 | |
| Adtuitive | December 18, 2009 | |
| Etsy France SAS | ||
| Etsy Ireland Holding Unlimited Company | ||
| Etsy Ireland UC |
Etsy Revenue Breakdown
Etsy revenue breakdown by business segment: 27.5% from Services and 72.5% from Marketplace
Etsy revenue breakdown by geographic segment: 32.8% from International and 67.2% from United States
Human Capital Metrics
Competitors
Etsy Online and Social Media Presence
2.47m Twitter followers
Etsy has 2.47m Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 0.7% quarter over quarter
Etsy's Trends
Twitter Engagement Stats for @Etsy
27.5k
Tweets
31.4k
Following
2.5m
Followers
24
Tweets last 30 days
62.2
Avg. likes per Tweet
100%
Tweets with engagement
Etsy Company Culture
Overall Culture
B-
73/100
CEO Rating
A
79/100
Compensation
B-
73/100
Diversity
D
56/100
Etsy News and Updates
May 18, 2017
The Barbarians Are at Etsy’s Hand-Hewn, Responsibly Sourced Gates
The ur-Brooklyn online craft marketplace is under pressure to start acting more like a conventional, shareholder-focused company.
April 08, 2020
Etsy CEO says 20,000 of its shops are now selling face masks following CDC recommendation
"Our sellers are able to produce hundreds of thousands of masks per day," Etsy CEO Josh Silverman told CNBC.
April 07, 2020
Etsy Rallies Its Artisanal Troops: ‘Start Making Face Masks’
Etsy Rallies Its Artisanal Troops: ‘Start Making Face Masks’
April 06, 2020
Etsy Face Mask Sales Increase After New CDC Recommendations
Now that asymptomatic people are lurking around every corner, apparently shedding contagion, the CDC has revised its face mask policy and is urging everyone to wear cloth face coverings. Etsy has sold hundreds of thousands of masks in the last week, according to Etsy CEO Josh Silverman.
April 02, 2020
Etsy touts sales, liquidity amid coronavirus wreckage
Etsy Inc. said Thursday that its first-quarter consolidated gross merchandise sales hit $1.4 billion, up 32% year-on-year. That is in line with expectations of analysts polled by FactSet. In what the online marketplace dubbed a "fireside chat" with management, Etsy said it has "high-quality capital…
March 24, 2020
Jewelry. Candles. Hand Sanitizer. Welcome to Coronavirus Etsy
On the online marketplace more often associated with handmade and vintage goods, sellers are pivoting to meet pandemic-related demands.
Etsy Blogs
April 30, 2020
9 Presents Real Pet Parents Are Loving
Photo by Animals In Charge
No matter what’s going on in the outside world, our pets provide a constant source of joy and entertainment at home—and in these days spent apart from many of our human loved ones, we’re appreciating their sweet little faces even more than usual. To thank our furry family…
April 29, 2020
Mother’s Day Gifts That Are (Almost) as Good as a Hug
Photo by EVREN
This year, you may not be able to gather in person for your usual Mother’s Day rituals, but you can still make Mom feel like the most important person on Earth with a carefully chosen gift made just for her. Whether it’s a one-of-a-kind necklace engraved with her initials (or her gra…
April 28, 2020
Sustainable Wooden Decor and Accessories From Adrian Martinus
Photo by Adrian Martinus
In our Featured Shop series, we shine a light on a standout shop from Etsy’s talented seller community, offering readers a behind-the-scenes look at their process and story.
Looking at the sleek, polished credenzas and decorative dishware in Etsy shop Adrian Martinus, it’s …
April 24, 2020
Elevate Your Self-Care Routine With These Easy At-Home Treatments
Photo by Breezy Tee
Even in the best of times, when we don’t look how we want to look, we don’t feel quite like ourselves. And as the weeks without a salon appointment tick by, you may find yourself growing more and more eager to take matters into your own hands. Though it’s certainly no replacemen…
April 23, 2020
Exclusive Altuzarra x Etsy Decor Collection Launches
Image credit: Elle Decor
A year ago we sat in Joseph Altuzarra’s incredibly chic Madison Ave location, working on a dream project; marrying Etsy artisans with Joseph’s vision for a global and highly-curated home décor collection. Watching the process take form has been one of the joys of my car…
April 22, 2020
8 Ways the Etsy Community is Doing Right by the Planet
Photo by Nature Supply Co.
In times of uncertainty, refocusing on the things we care about most can be a helpful grounding exercise. And these days, one thing remains steadfastly the same: our commitment to sustainability. So today, on Earth Day, we’re taking a moment to celebrate the many ways the…
Etsy Frequently Asked Questions
When was Etsy founded?
Etsy was founded in 2005.
Who are Etsy key executives?
Etsy's key executives are Josh Silverman, Fred Wilson and Rachel Glaser.
How many employees does Etsy have?
Etsy has 1,276 employees.
What is Etsy revenue?
Latest Etsy annual revenue is $818.4 m.
What is Etsy revenue per employee?
Latest Etsy revenue per employee is $641.4 k.
Who are Etsy competitors?
Competitors of Etsy include eBay, Amazon and Zalando.
Where is Etsy headquarters?
Etsy headquarters is located at 117 Adams St, Brooklyn.
Where are Etsy offices?
Etsy has offices in Brooklyn and Dublin.
How many offices does Etsy have?
Etsy has 2 offices.
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