Etsy
- Revenue$2.3 BFY, 2021
- Market Capitalization$13.1 B2022-08-01
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 | ||
| 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, 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 $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
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 169.3m | 181.1m | 197.9m | 228.1m | 428.7m | 451.5m | 550.6m | 528.9m | 532.4m | 579.3m |
Cost of goods sold | 52.7m | 58.6m | 68.9m | 82.4m | 111.4m | 120.2m | 142.9m | 149.0m | 153.7m | 173.0m |
Gross profit | 116.7m | 122.5m | 129.0m | 145.6m | 317.4m | 331.3m | 407.7m | 379.9m | 378.8m | 406.3m |
Gross profit Margin, % | 69% | 68% | 65% | 64% | 74% | 73% | 74% | 72% | 71% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 345.7m | 359.2m | 671.8m | 442.4m | 677.5m | 1.1b | 1.2b | 1.2b | 619.4m | 756.2m |
Accounts Receivable | 10.8m | 10.6m | 12.5m | 11.7m | 16.5m | 16.3m | 23.0m | 23.0m | 23.9m | 20.6m |
Prepaid Expenses | 26.9m | 34.6m | 43.9m | 36.1m | 30.8m | 43.6m | 46.3m | 46.3m | 68.9m | 101.1m |
Current Assets | 724.0m | 743.7m | 945.8m | 907.0m | 1.2b | 1.7b | 1.9b | 1.9b | 1.1b | 1.3b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 31.6m | 49.8m | 64.6m | 12.5m | 108.9m | 200.7m | 143.8m | 242.0m | 242.0m | 86.1m |
Depreciation and Amortization | 10.1m | 20.0m | 32.8m | 15.2m | 29.3m | 45.1m | 13.1m | 26.1m | 26.1m | 24.8m |
Cash From Operating Activities | 31.5m | 81.3m | 128.3m | 29.7m | 250.1m | 435.3m | 148.5m | 270.2m | 270.2m | 59.5m |
Purchases of PP&E | (683.0k) | (3.7m) | (5.9m) | (567.0k) | (209.0k) | (388.0k) | (526.0k) | (1.9m) | (1.9m) | (3.2m) |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 713.3k |
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.2 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 |
|---|---|---|
| Elo7 | June 28, 2021 | $217 m |
| Depop | June 02, 2021 | €1.33 b |
| Reverb | July 22, 2019 | $275 m |
| Reverb.com, LLC | 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 Revenue Breakdown
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
Human Capital Metrics
Etsy Cybersecurity Score
Etsy Environment, Social & Governance (ESG) Ratings
Etsy Online and Social Media Presence
2.4m Twitter followers
Etsy has 2.4m Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.1% quarter over quarter
Etsy's Trends
Twitter Engagement Stats for @Etsy
38.5k
Tweets
27.4k
Following
2.4m
Followers
881
Tweets last 30 days
1.1
Avg. likes per Tweet
15%
Tweets with engagement
Etsy Company Culture
Overall Culture
B
73/100
CEO Rating
A
78/100
Compensation
B
73/100
Diversity
D
57/100
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.
August 02, 2022
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...
July 28, 2022
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...
July 27, 2022
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.
July 20, 2022
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...
Etsy Blogs
March 08, 2022
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 …
February 28, 2022
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…
February 08, 2022
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…
February 03, 2022
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…
January 25, 2022
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…
December 15, 2021
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…
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.
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