Etsy is an e-commerce site and a smartphone application for buying and selling handmade and vintage items. It is focused on handmade or vintage items and supplies, as well as unique factory-manufactured items. The items cover a wide range, including art, photography, clothing, jewelry, food, bath and beauty products, quilts, knick-knacks and toys, as well as beads, wire and jewelry-making tools. All vintage items must be at least 20 years old. The site follows in the tradition of open craft fairs, giving sellers personal storefronts.

Company Growth (employees)
Type
Public
HQ
Brooklyn, US
Founded
2005
Size (employees)
789 (est)+9%
Website
etsy.com
Etsy was founded in 2005 and is headquartered in Brooklyn, US

Key People/Management at Etsy

Josh Silverman

Josh Silverman

CEO
Rachel Glaser

Rachel Glaser

CFO
Mike Brittain

Mike Brittain

CTO
Linda Kozlowski

Linda Kozlowski

COO

Etsy Office Locations

Etsy has an office in Brooklyn
Brooklyn, US (HQ)
117 Adams St

Etsy Financials and Metrics

Etsy Financials

Etsy's revenue was reported to be $365 m in FY, 2016
USD

Revenue (Q2, 2017)

101.7 m

Gross profit (Q2, 2017)

66 m

Gross profit margin (Q2, 2017), %

65%

Net income (Q2, 2017)

11.7 m

EBIT (Q2, 2017)

(11.7 m)

Market capitalization (13-Dec-2017)

2.5 b

Cash (30-Jun-2017)

226.9 m
Etsy's current market capitalization is $2.5 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

195.6 m273.5 m365 m

Revenue growth, %

40%33%

Cost of goods sold

97 m123.3 m

Gross profit

176.5 m241.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

58.5 m61.4 m65.7 m81.8 m85.3 m87.6 m96.9 m101.7 m

Cost of goods sold

20.7 m21.9 m24.2 m27.9 m29.1 m29.3 m34.7 m35.7 m

Gross profit

37.8 m39.5 m41.5 m53.9 m56.3 m58.2 m62.2 m66 m

Gross profit Margin, %

65%64%63%66%66%67%64%65%
USDY, 2012Y, 2013Y, 2014FY, 2015FY, 2016

Cash

34.9 m36.8 m69.7 m271.2 m181.6 m

Accounts Receivable

26.4 m

Inventories

652 k

Current Assets

359.1 m371 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

268.2 m266.3 m158.4 m167.5 m188 m194.8 m226.9 m

Current Assets

343.4 m349.3 m340.6 m346.8 m353.4 m355.2 m376.2 m

PP&E

85.4 m94.7 m116.5 m125.8 m

Goodwill

28.3 m28.4 m28.6 m28.1 m37.8 m36 m37.4 m
USDFY, 2015FY, 2016

Net Income

(54.1 m)(29.9 m)

Depreciation and Amortization

18.6 m22.5 m

Accounts Receivable

(6.7 m)(8.2 m)

Inventories

(266 k)(6.2 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(36.6 m)(42.9 m)(49.8 m)1.2 m(6.1 m)(8.5 m)(421 k)11.2 m

Depreciation and Amortization

4.3 m9.1 m14 m4.7 m9.8 m15.6 m6.9 m13.6 m

Accounts Receivable

46 k(210 k)(2 m)799 k135 k(1.8 m)1.1 m1 m

Accounts Payable

(419 k)(929 k)(3.5 m)173 k(5.8 m)(6.1 m)(3.4 m)(2.3 m)
USDY, 2017

Revenue/Employee

139.3 k

Financial Leverage

1.8 x
Show all financial metrics

Etsy Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017May, 2017

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

Active Sellers

1.14 m1.19 m1.28 m1.35 m1.43 m1.48 m1.53 m1.56 m1.6 m1.65 m1.71 m1.75 m1.8 m1.8 m

Active Buyers

15.26 m16.49 m18.1 m19.81 m20.84 m21.7 m22.6 m24.05 m25.03 m26.1 m27.14 m28.56 m29.67 m29.7 m

Products Online

45 m45 m
Show all operating metrics

Etsy Market Value History

Etsy Revenue Breakdown

Etsy's employees are reported to be approximately 54% female and 46% male.

Etsy Median Salaries

Source: 98 public H-1B filings from Etsy
Show all human capital metrics

Etsy's Web-traffic and Trends

Etsy Online and Social Media Presence

Etsy News and Updates

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 made mistakes, but its commitment to social responsibility wasn’t one of them

On April 16, 2015 the CEO of Etsy rang the opening bell at Nasdaq’s headquarters in Times Square. The date marked a momentous occasion, one…

Want to Start a Side Hustle? How to Know if You're Ready

A side hustle might be the way you discover your one true passion in life.

4 Steps to Turn Your Hobby Into a Business

If you believe you and your professional dreams are worth it, it's time to take yourself seriously.

The Jewelers of Tomorrow--The Innovators of Today

Ivka Adam is passionate about helping others with a passion for fine jewelry create and launch their own brands. See how Iconery is reshaping and revamping the fine jewelry industry.

Adele's side hustle is selling handmade pom-poms on Etsy

Adele might be on her last stretch of live performances for a long time, so naturally, it makes sense for her to pick up a new hobby to fill the void.  The Grammy Award-winning singer has apparently turned to an unlikely thing to fill her free time: pom-poms. She told her fans all about it during …
Show more

Etsy Company Life and Culture

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