Etsy

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.

TypePublic
Founded2005
HQBrooklyn, NY, US
Websiteetsy.com
Employee Ratings4.6
Overall CultureB

Latest Updates

Employees (est.) (Sept 2021)2,338(+47%)
Job Openings72
Revenue (FY, 2021)$2.3 B(+35%)
Share Price (Aug 2022)$103.6
Cybersecurity ratingCMore
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Key People/Management at Etsy

Josh Silverman

Josh Silverman

Chief Executive Officer
Fred Wilson

Fred Wilson

Chairman
Rachel Glaser

Rachel Glaser

Chief Financial Officer
Mike Fisher

Mike Fisher

Chief Technology Officer
Jill Simeone

Jill Simeone

Chief Legal Officer, Corporate Secretary
Kruti Patel Goyal

Kruti Patel Goyal

Chief Product Officer
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Etsy Office Locations

Etsy has offices in Brooklyn and Dublin
Brooklyn, NY, US (HQ)
117 Adams St
Dublin, IE
66-67 Strand Street Great
Show all (2)

Etsy Financials and Metrics

Etsy Revenue

Etsy's revenue was reported to be $2.33 b in FY, 2021
USD

Revenue (Q1, 2022)

579.3m

Gross profit (Q1, 2022)

406.3m

Net income (Q1, 2022)

86.1m

EBIT (Q1, 2022)

84.3m

Market capitalization (1-Aug-2022)

13.1b

Closing stock price (1-Aug-2022)

103.6

Cash (31-Mar-2022)

756.2m
Etsy's current market capitalization is $13.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

603.7m818.4m1.7b2.3b

Revenue growth, %

37%36%111%

Cost of goods sold

190.8m271.0m464.7m654.5m

Gross profit

412.9m547.3m1.3b1.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

169.3m181.1m197.9m228.1m428.7m451.5m550.6m528.9m532.4m579.3m

Cost of goods sold

52.7m58.6m68.9m82.4m111.4m120.2m142.9m149.0m153.7m173.0m

Gross profit

116.7m122.5m129.0m145.6m317.4m331.3m407.7m379.9m378.8m406.3m

Gross profit Margin, %

69%68%65%64%74%73%74%72%71%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

367.0m443.3m1.2b780.2m

Accounts Receivable

12.2m15.4m22.6m27.3m

Prepaid Expenses

22.7m38.6m56.2m109.4m

Current Assets

680.3m921.0m1.9b1.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

345.7m359.2m671.8m442.4m677.5m1.1b1.2b1.2b619.4m756.2m

Accounts Receivable

10.8m10.6m12.5m11.7m16.5m16.3m23.0m23.0m23.9m20.6m

Prepaid Expenses

26.9m34.6m43.9m36.1m30.8m43.6m46.3m46.3m68.9m101.1m

Current Assets

724.0m743.7m945.8m907.0m1.2b1.7b1.9b1.9b1.1b1.3b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

77.5m95.9m349.2m493.5m

Depreciation and Amortization

26.7m48.0m58.2m74.3m

Accounts Payable

13.4m(953.0k)14.6m(14.2m)

Cash From Operating Activities

198.9m206.9m679.0m651.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

31.6m49.8m64.6m12.5m108.9m200.7m143.8m242.0m242.0m86.1m

Depreciation and Amortization

10.1m20.0m32.8m15.2m29.3m45.1m13.1m26.1m26.1m24.8m

Cash From Operating Activities

31.5m81.3m128.3m29.7m250.1m435.3m148.5m270.2m270.2m59.5m

Purchases of PP&E

(683.0k)(3.7m)(5.9m)(567.0k)(209.0k)(388.0k)(526.0k)(1.9m)(1.9m)(3.2m)
USDFY, 2018

Revenue/Employee

713.3k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
Show all financial metrics

Etsy Acquisitions / Subsidiaries

Company NameDateDeal Size
Elo7June 28, 2021$217 m
DepopJune 02, 2021€1.33 b
ReverbJuly 22, 2019$275 m
Reverb.com, LLCJuly 22, 2019$275 m
Blackbird Technologies , Inc.September 19, 2016
A Little MarketJune 23, 2014
Grand St.April 24, 2014$10 m
Lascaux Co.January 22, 2013
TrunktMay 01, 2012
AdtuitiveDecember 18, 2009
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Etsy Revenue Breakdown

Embed Graph

Etsy revenue breakdown by business segment: 75.5% from Marketplace and 24.5% from Services

Etsy revenue breakdown by geographic segment: 66.7% from United States, 11.3% from United Kingdom and 22.0% from International

Etsy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Etsy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Etsy Online and Social Media Presence

Embed Graph

Etsy Company Culture

  • Overall Culture

    B

    73/100

  • CEO Rating

    A

    78/100

  • Compensation

    B

    73/100

  • Diversity

    D

    57/100

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Etsy News and Updates

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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.

Etsy to Participate in Upcoming Investor Conference

BROOKLYN, N.Y., Aug. 2, 2022 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced virtual participation including a webcasted fireside chat at the...

Thinking about trading options or stock in T-Mobile, First Solar, Tesla, Etsy, or Valero Energy?

NEW YORK, July 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TMUS, FSLR, TSLA, ETSY, and VLO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Earnings Results: Etsy shares surge on second-quarter earnings beat

The online marketplace company cited the impact of macro headwinds that include pressures on consumer discretionary spending, reopening, foreign exchange rate volatility, and ongoing geopolitical uncertainty.

Etsy Names Kruti Patel Goyal Chief Executive Officer of Depop and promotes Nick Daniel to Chief Product Officer of Etsy

BROOKLYN, N.Y., July 20, 2022 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, announced today that Kruti Patel Goyal, currently Etsy's Chief Product Officer, has...
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Etsy Blogs

Shop Safe Threatens American Small Business

American creative artists and small businesses are in danger.  Here’s what’s happening. Earlier this month, the House of Representatives passed the SHOP SAFE Act.  This legislation is supposedly designed to stop the sale of counterfeit products — a very worthy goal.  Unfortunately, SHOP SAFE …

Standing with Our Community When It Matters Most

Image credit: LittleValleyStudio The events unfolding in Ukraine weigh heavily on us all. Our thoughts are with everyone impacted in the region, especially Etsy sellers and buyers as well as family and friends of our global team.  Being part of a community means that when one part is sufferin…

Etsy Releases 2022 Wedding Trend Guide

Image credit: DesignbyLaney After months of postponed, reduced or altogether canceled celebrations, wedding planning is picking up, and couples (and their guests) can’t wait to get the party started. But when it comes to weddings in 2022 one thing is for certain: couples are getting hitched in w…

Scaling Support for the Etsy Community

At Etsy, we foster connections between millions of creative-minded people around the world. We’re the matchmaker between sellers and buyers who are eager to find special items made with heart and delivered with care. We take our role as facilitator very seriously. Providing a frictionless experienc…

Airbnb and Etsy Invite You to Explore the Art of Hosting

We’re excited to launch “Art of Hosting” with our partners at Airbnb. The  curated selection of well-crafted and guest-favorite home items made by Etsy sellers aims to make it easy and affordable for Airbnb Hosts to create a guest-friendly listing. Below is the announcement, which was originally po…

Better Access to Broadband & Caregiving Will Empower Small Business

Today, I met with U.S. Secretary of Commerce Gina Raimondo alongside leaders of like minded organizations and small business owners, including an Etsy seller, to share insights on how access to broadband and caregiving can empower microbusiness and the self-employed to fully participate in commerce…
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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 2,338 employees.

  • What is Etsy revenue?

    Latest Etsy annual revenue is $2.3 b.

  • What is Etsy revenue per employee?

    Latest Etsy revenue per employee is $996.2 k.

  • Who are Etsy competitors?

    Competitors of Etsy include 1stdibs, Zalando and Amazon.

  • 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.