Etsy is a peer-to-peer e-commerce website focused on handmade or vintage items and supplies, as well as unique factory-manufactured items. These items cover a wide range, including art, photography, clothing, jewelry, food, bath and beauty products, quilts, knick-knacks, and toys. Many sellers also sell craft supplies such 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 where they list their goods for a fee of US$0.20 per item.

Company Growth (employees)
Type
Public
HQ
Brooklyn, US
Founded
2005
Size (employees)
730 (est)-15%
Website
etsy.com
Etsy was founded in 2005 and is headquartered in Brooklyn, US

Key People 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 Data and Metrics

Etsy Financial Metrics

Etsy's revenue was reported to be $365 m in FY, 2016 which is a 33% increase from the previous period.
USD

Revenue (FY, 2016)

365 m

Revenue growth (FY, 2015 - FY, 2016), %

33%

Gross profit (FY, 2016)

241.6 m

Gross profit margin (FY, 2016), %

66%

Net income (FY, 2016)

(29.9 m)

EBIT (FY, 2016)

17.6 m

Market capitalization (23-Jun-2017)

1.7 b

Closing share price (23-Jun-2017)

14.7

Cash (31-Dec-2016)

181.6 m
Etsy's current market capitalization is $1.7 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

Gross profit Margin, %

65%66%

Sales and marketing expense

66.8 m82.8 m

R&D expense

42.7 m55.1 m

General and administrative expense

68.9 m86.2 m

Operating expense total

178.4 m224.1 m

EBIT

(1.9 m)17.6 m

EBIT margin, %

(1%)5%

Pre tax profit

(28 m)(2.9 m)

Income tax expense

5 m(26.1 m)(27 m)

Net Income

(54.1 m)(29.9 m)
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

PP&E

105 m126.4 m

Goodwill

27.8 m35.7 m

Total Assets

553.1 m581.2 m

Accounts Payable

14.4 m11 m

Current Liabilities

80.1 m84 m

Common Stock

113 k116 k

Additional Paid-in Capital

406 m442.5 m

Retained Earnings

(86.4 m)(116.3 m)

Total Equity

330.5 m344.8 m

Financial Leverage

1.7 x1.7 x
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)

Accounts Payable

6.7 m(3.6 m)

Cash From Operating Activities

201.6 m46.8 m

Purchases of PP&E

(11.1 m)(36 m)

Cash From Investing Activities

(23.3 m)(135.4 m)

Cash From Financing Activities

199.6 m5.8 m

Interest Paid

342 k2 m

Income Taxes Paid

7.6 m10.6 m
Y, 2016

Financial Leverage

1.7 x

Etsy Operating Metrics

Q1, 2003Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016May, 2017Q1, 2017

Gross Merchandise Volume

$629$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

11.14 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

2515.26 m16.49 m18.1 m19.81 m20.84 m21.7 m22.6 m24.05 m25.03 m26.1 m27.14 m28.56 m29.7 m29.67 m

Products Online

45 m45 m

Retailers

25 k

Etsy Market Value History

Etsy Revenue Breakdown

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

Etsy Job Categories

Etsy Median Salaries

Source: 98 public H-1B filings from Etsy

Etsy Online and Social Media Presence

Etsy News and Updates

Etsy Company Life and Culture

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