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 | |
| Overall Culture | B- | More |
Recent NewsAll News
- Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy
- Covid e-commerce rally pressures Etsy and Wayfair to show investors they have long-term durability
- Earnings Results: Etsy blows past expectations with mask sales and more
- : Etsy joins the growing list of retailers adding installment payment platform Klarna
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, 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 (Q3, 2020) | 451.5m |
Gross profit (Q3, 2020) | 331.3m |
Gross profit margin (Q3, 2020), % | 73.4% |
Net income (Q3, 2020) | 91.8m |
EBIT (Q3, 2020) | 118.2m |
Market capitalization (13-Nov-2020) | 15.8b |
Closing stock price (13-Nov-2020) | 124.9 |
Cash (30-Sept-2020) | 1.1b |
EV | 15.7b |
Etsy's current market capitalization is $15.8 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 | 1.60 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
Etsy Cybersecurity Score
Etsy Environment, Social & Governance (ESG) Ratings
Competitors
Etsy Online and Social Media Presence
2.44m Twitter followers
Etsy has 2.44m Twitter Followers. The number of followers has increased 0.1% month over month
Etsy's Trends
Twitter Engagement Stats for @Etsy
27.8k
Tweets
31.1k
Following
2.4m
Followers
136
Tweets last 30 days
80.4
Avg. likes per Tweet
77.2%
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.
November 09, 2020
Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy
Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market, sending futures shares shooting higher in pre-market trading. But while the euphoria is helping sec…
November 02, 2020
Covid e-commerce rally pressures Etsy and Wayfair to show investors they have long-term durability
Shares of Etsy and Wayfair are both up more than 170% for the year, driven by a surge in customer traffic directly tied to the coronavirus pandemic.
October 29, 2020
Earnings Results: Etsy blows past expectations with mask sales and more
Etsy Inc. handily beat Wall Street expectations Wednesday, which the online marketplace attributed to its unique offerings.
October 24, 2020
: Etsy joins the growing list of retailers adding installment payment platform Klarna
Macy’s announced that not only would it add a Klarna option, but also it has taken a stake in the company.
October 21, 2020
Klarna signs BNPL deal with Etsy
Klarna, the leading global Buy Now, Pay Later provider and shopping service, today announced that Etsy, the global destination for unique and creative goods, launched its `Buy Now, Pay Later' solution.
Etsy Blogs
December 03, 2020
A Very Whoopi Wish List
The holidays are fast approaching, and we’re starting to feel that magical seasonal energy take hold. Who better to help us make the most of that festive spirit than actor, comedian, author, TV personality, bona fide whimsy enthusiast, and die-hard Etsy devotee Whoopi Goldberg? “I’m a huge fan of …
December 02, 2020
Etsy’s Year in Review and First Look at 2021 Trends
Image credit: sarapaloma
It’s safe to say that 2020 was a year like no other. From surges in searches for new everyday essentials like face masks and DIYS to “cottagecore” activities like cross-stitching and baking, shopping trends looked very different this past year. And more than ever, shopp…
December 01, 2020
Embroidery Art and DIY Kits From Natalie Gaynor Designs
Photo by Natalie Gaynor Designs
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.
When it comes to gift-worthy art that tugs at the heartstrings, Natalie Gaynor Designs’ gorg…
November 26, 2020
10 Reasons We’re Feeling Thankful Today
Photo by Hereafter
Whether it’s the warmth of a crocheted blanket keeping you cozy on the couch or the delight of receiving an unexpected pick-me-up in the mail from a friend, this year, we’re finding comfort and joy in the little things. To keep that tradition alive this holiday, we’re taking a mo…
November 25, 2020
15 Extra-Special Cyber Week Finds
Photo by Oak Knoll Creations, Jill Makes, and Vintage Royalty, from left
In a year full of ups and downs, seeking out special feels more important than ever—and lucky for us, there’s no shortage on Etsy. You’ll find it in the illustrated pet portrait ornament hanging front and center on your family…
November 24, 2020
11 Standout Etsy Shops That Got Their Start This Year
Photo by K. Jones Prints
As anyone who’s hiked through a seemingly inhospitable stretch of desert can attest, when you take a moment to stop and look around, you won’t just find signs of life—you’ll find a bounty of beautiful, adaptable living things thriving despite the harsh conditions. Discoveri…
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 Zalando, Amazon and Flipkart.
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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