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, NY, US | Map |
| Website | etsy.com | |
| Employee Ratings | More | |
| Overall Culture | 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
Chief Legal Officer and Corporate Secretary
Kruti Patel Goyal
Chief Product Officer
Etsy Office Locations
Etsy has offices in Brooklyn and Dublin
Brooklyn, NY, 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 $1.73 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 1.7b |
Gross profit (FY, 2020) | 1.3b |
Gross profit margin (FY, 2020), % | 73.1% |
Net income (FY, 2020) | 349.2m |
EBIT (FY, 2020) | 424.0m |
Market capitalization (23-Jul-2021) | 26.5b |
Closing stock price (23-Jul-2021) | 208.9 |
Cash (31-Dec-2020) | 1.2b |
EV | 26.4b |
Etsy's current market capitalization is $26.5 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 96.9m | 101.7m | 106.4m | 120.9m | 132.4m | 150.4m | 169.3m | 181.1m | 197.9m | 228.1m | 428.7m | 451.5m |
Cost of goods sold | 34.7m | 35.7m | 36.4m | 41.3m | 45.4m | 46.9m | 52.7m | 58.6m | 68.9m | 82.4m | 111.4m | 120.2m |
Gross profit | 62.2m | 66.0m | 70.0m | 79.6m | 87.0m | 103.4m | 116.7m | 122.5m | 129.0m | 145.6m | 317.4m | 331.3m |
Gross profit Margin, % | 64% | 65% | 66% | 66% | 66% | 69% | 69% | 68% | 65% | 64% | 74% | 73% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 194.8m | 226.9m | 260.3m | 533.9m | 357.8m | 362.7m | 345.7m | 359.2m | 671.8m | 442.4m | 677.5m | 1.1b |
Accounts Receivable | 25.1m | 25.0m | 27.2m | 31.3m | 30.6m | 36.4m | 10.8m | 10.6m | 12.5m | 11.7m | 16.5m | 16.3m |
Prepaid Expenses | 19.9m | 28.9m | 17.3m | 23.7m | 18.6m | 24.0m | 26.9m | 34.6m | 43.9m | 36.1m | 30.8m | 43.6m |
Current Assets | 355.2m | 376.2m | 400.4m | 705.0m | 666.2m | 707.9m | 724.0m | 743.7m | 945.8m | 907.0m | 1.2b | 1.7b |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (421.0k) | 11.2m | 37.1m | 13.0m | 16.3m | 36.2m | 31.6m | 49.8m | 64.6m | 12.5m | 108.9m | 200.7m |
Depreciation and Amortization | 6.9m | 13.6m | 20.6m | 6.3m | 12.7m | 19.1m | 10.1m | 20.0m | 32.8m | 15.2m | 29.3m | 45.1m |
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 | 250.1m | 435.3m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 349.9k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.7 x |
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 | 1.6 m | 1.65 m | 1.71 m | 1.75 m | 1.8 m | 1.8 m | 1.8 m | 1.9 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 | 2.7 m | 2.8 m |
Active Buyers | 15.26 m | 16.49 m | 18.1 m | 19.81 m | 20.84 m | 21.7 m | 22.6 m | 24.05 m | 25.03 m | 26.1 m | 27.14 m | 28.56 m | 29.67 m | 29.7 m | 30.6 m | 31.7 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 | 46.4 m | 47.7 m |
Gross Merchandise Volume | $414.83 m | $438.47 m | $467.2 m | $1.93 b | $531.92 m | $546.2 m | $568.79 m | $2.39 b | $629.85 m | $669.7 m | $677.22 m | $2.84 b | $719.04 m | $748 m | $766.4 m | $3.25 b | $861.08 m | $901.69 m | $922.51 m | $3.9 b | $1.02 b | $1.09 b | $1.2 b | $5 b | $1.4 b | |
Retailers | 25 k |
Etsy Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Depop | June 02, 2021 | €1.33 b |
| 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 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
Etsy Environment, Social & Governance (ESG) Ratings
Etsy Online and Social Media Presence
2.38m Twitter followers
Etsy has 2.38m Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 1.3% quarter over quarter
Etsy's Trends
Twitter Engagement Stats for @Etsy
30k
Tweets
28.3k
Following
2.4m
Followers
473
Tweets last 30 days
3.3
Avg. likes per Tweet
28.8%
Tweets with engagement
Etsy Company Culture
Overall Culture
B-
74/100
CEO Rating
A+
82/100
Compensation
B
75/100
Diversity
D-
51/100
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.
July 09, 2021
Etsy, Amazon, EBay: Why E-Commerce Stocks Are Still A Buy
Our theme of E-Commerce Stocks – which is comprised of U.S.-based e-commerce companies as well as logistics, and payment players – is up by 25% year-to-date, outperforming the broader Nasdaq-100 which is up by about 17% over the same period. The gains come despite the fact that the brick and mortar.
June 28, 2021
Etsy To Acquire Brazilian Crafts Marketplace Elo7
US crafts marketplace Etsy announced today (28) that it has signed a definitive agreement to acquire its Brazilian equivalent Elo7 as part of an international expansion plan.
June 28, 2021
Etsy acquires Elo7, known as the ‘Etsy of Brazil’, for $217M
On the heels of Etsy’s huge deal to acquire Depop to open the door to more social selling, targeting younger users, and deeply expand in Europe, the crafty marketplace has announced another significant deal to build out its reach, this time in Latin America. Etsy has announced that it will acquire E…
June 28, 2021
Etsy acquires Brazilian marketplace Elo7 for $217 million in cash
Etsy Inc. said Monday that it has signed a definitive agreement to acquire Brazilian marketplace Elo7 for $217 million in cash. Elo7 specializes in custom and made-to-order items, and has 1.9 million active buyers and 56,000 active sellers. Elo7 currently has about 8 million items for sale. "Elo7 i…
Etsy Blogs
July 23, 2021
25 Creative Crochet Patterns to Get You Hooked
Photo by Irene Strange
From plush throw pillows and cuddly stuffed critters to stylish storage baskets and chic pocketed tees, there are no limits to what you can create once you get the crochet hooks flying. And whether you’re new to the craft or already a master stitcher, there are thousands of c…
July 22, 2021
The Future of Work is Now
At Etsy, we’ve put a lot of thought and care into how our workplace will evolve and adapt in a new, new normal. As we transition from 16 months as a completely remote workforce to a hybrid working model, we’re excited to share updates around how and where we work at Etsy. Our primary goal on this j…
July 21, 2021
Fresh Fall Looks for Back to School, Work, and Fun
Photo by not PERFECT LINEN
If it feels like it’s been a minute since you’ve stood in front of the mirror in the morning trying to make an outfit out of anything besides sweatpants, you’re not alone. Don’t get us wrong: Leaning into super-cute loungewear has been one of the precious silver linings o…
July 20, 2021
Pins, Patches, and Stationery for Self-Expression From Justine Gilbuena
Photo by Justine Gilbuena
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.
A visit to Justine Gilbuena‘s Etsy shop feels like popping into a favorite cafe: Cozy, carefully cu…
July 16, 2021
5-Star Buys: A Custom House Number That Doubles as a Planter
Photo by ModMettle
In our 5-Star Buys series, we spotlight popular Etsy items that recently struck a chord with shoppers—and let their rave reviews do the talking.
A hassle-free, high-impact perk-me-up for the porch or entryway, no reno required? Sign us up. Handmade with industrial-strength steel …
July 13, 2021
10 Unique Gifts We’d Love to Give (or Receive!) From This Year’s Etsy Design Awards Finalists
Photo by Badger & Birch
Hot tip for all you gift-givers: Whether you’re searching for milestone birthday gift ideas for your best bud, meaningful mementos for a pet mom, or just a pretty pick-me-up for yourself, there’s no better time to find some new treat-worthy treasures than when the annual…
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 $1.7 b.
What is Etsy revenue per employee?
Latest Etsy revenue per employee is $1.4 m.
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies