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, US
Websiteetsy.com
Employee Ratings3.8
Culture scoreB-

Latest Updates

Employees (est.) (Mar 2020)1,276(+3%)
Job Openings39
Revenue (FY, 2019)$818.4 M(+36%)
Share Price (May 2020)$77.5 (+5%)

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

General Counsel and 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, US (HQ)
117 Adams St
Dublin, IE
66-67 Strand Street Great
Show all (2)

Etsy Financials and Metrics

Etsy Revenue

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View revenue for all periods
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
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

365.0m441.2m603.7m818.4m

Revenue growth, %

33%21%37%36%

Cost of goods sold

123.3m151.0m190.8m271.0m

Gross profit

241.6m290.2m412.9m547.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

96.9m101.7m106.4m120.9m132.4m150.4m169.3m181.1m197.9m228.1m

Cost of goods sold

34.7m35.7m36.4m41.3m45.4m46.9m52.7m58.6m68.9m82.4m

Gross profit

62.2m66.0m70.0m79.6m87.0m103.4m116.7m122.5m129.0m145.6m

Gross profit Margin, %

64%65%66%66%66%69%69%68%65%64%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

181.6m315.4m367.0m443.3m

Accounts Receivable

26.4m33.7m12.2m15.4m

Prepaid Expenses

15.6m20.4m22.7m38.6m

Current Assets

371.0m439.3m680.3m921.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(29.9m)81.8m77.5m95.9m

Depreciation and Amortization

22.5m27.2m26.7m48.0m

Accounts Payable

(3.6m)2.8m13.4m(953.0k)

Cash From Operating Activities

46.8m67.4m198.9m206.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(421.0k)11.2m37.1m13.0m16.3m36.2m31.6m49.8m64.6m12.5m

Depreciation and Amortization

6.9m13.6m20.6m6.3m12.7m19.1m10.1m20.0m32.8m15.2m

Accounts Payable

(3.4m)(2.3m)(2.6m)(6.6m)368.0k(80.0k)

Cash From Operating Activities

3.3m15.4m32.3m26.4m66.5m97.1m31.5m81.3m128.3m29.7m
USDY, 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
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Etsy Acquisitions / Subsidiaries

Company NameDateDeal Size
ReverbJuly 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
Etsy France SAS
Etsy Ireland Holding Unlimited Company
Etsy Ireland UC
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Etsy Revenue Breakdown

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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

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Etsy Online and Social Media Presence

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Etsy Company Culture

  • Overall Culture

    B-

    73/100

  • CEO Rating

    A

    79/100

  • Compensation

    B-

    73/100

  • Diversity

    D

    56/100

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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 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.

Etsy Rallies Its Artisanal Troops: ‘Start Making Face Masks’

Etsy Rallies Its Artisanal Troops: ‘Start Making Face Masks’

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.

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…

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.
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Etsy Blogs

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…

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…

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 …

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…

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…

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…
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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 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.