Etsy (ETSY) stock price, revenue, and financials

Etsy market cap is $21 b, and annual revenue was $1.73 b in FY 2020

$21 B

ETSY Mkt cap, 07-May-2021

$1.7 B

Etsy Revenue FY, 2020
Etsy Gross profit (FY, 2020)1.3 B
Etsy Gross profit margin (FY, 2020), %73.1%
Etsy Net income (FY, 2020)349.2 M
Etsy EBIT (FY, 2020)424 M
Etsy Cash, 31-Dec-20201.2 B
Etsy EV20.9 B

Etsy Revenue

Etsy revenue was $1.73 b in FY, 2020

Embed Graph

Etsy Revenue Breakdown

Embed Graph

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

Etsy Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

365.0m441.2m603.7m818.4m1.7b

Revenue growth, %

33%21%37%36%

Cost of goods sold

123.3m151.0m190.8m271.0m464.7m

Gross profit

241.6m290.2m412.9m547.3m1.3b

Gross profit Margin, %

66%66%68%67%73%

Sales and marketing expense

82.8m109.1m158.0m215.6m500.8m

R&D expense

55.1m74.6m97.2m121.9m180.1m

General and administrative expense

86.2m91.5m82.9m121.1m156.0m

Operating expense total

224.1m278.3m338.1m458.6m836.9m

EBIT

17.6m11.9m74.8m88.8m424.0m

EBIT margin, %

5%3%12%11%25%

Interest expense

7.2m11.1m22.2m24.3m

Interest income

7.1m

Pre tax profit

(2.9m)32.3m55.1m80.6m365.7m

Income tax expense

27.0m(49.5m)(22.4m)(15.2m)16.5m

Net Income

(29.9m)81.8m77.5m95.9m349.2m

EPS

(0.3)0.70.60.8

Etsy Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

181.6m315.4m367.0m443.3m1.2b

Accounts Receivable

26.4m33.7m12.2m15.4m22.6m

Prepaid Expenses

15.6m20.4m22.7m38.6m56.2m

Current Assets

371.0m439.3m680.3m921.0m1.9b

PP&E

126.4m117.6m120.2m144.9m

Goodwill

35.7m38.5m37.5m138.7m140.8m

Total Assets

581.2m605.6m901.9m1.5b2.4b

Accounts Payable

11.0m13.6m26.5m26.3m40.9m

Short-term debt

6.8m5.8m3.9m8.3m

Current Liabilities

84.0m102.5m112.1m188.5m454.7m

Long-term debt

62.7m64.2m276.5m838.7m1.1b

Total Debt

69.5m70.0m338.6m847.0m1.1b

Total Liabilities

236.4m208.7m501.0m1.1b1.7b

Common Stock

116.0k122.0k120.0k119.0k126.0k

Preferred Stock

Additional Paid-in Capital

442.5m499.4m562.0m642.6m883.2m

Retained Earnings

(116.3m)(96.3m)(153.4m)(227.4m)(146.8m)

Total Equity

344.8m396.9m400.9m406.6m742.4m

Debt to Equity Ratio

0.2 x0.2 x0.8 x2.1 x

Debt to Assets Ratio

0.1 x0.1 x0.4 x0.5 x

Financial Leverage

1.7 x1.5 x2.2 x3.8 x3.2 x

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

194.8m226.9m260.3m533.9m357.8m362.7m345.7m359.2m671.8m442.4m677.5m1.1b

Accounts Receivable

25.1m25.0m27.2m31.3m30.6m36.4m10.8m10.6m12.5m11.7m16.5m16.3m

Prepaid Expenses

19.9m28.9m17.3m23.7m18.6m24.0m26.9m34.6m43.9m36.1m30.8m43.6m

Current Assets

355.2m376.2m400.4m705.0m666.2m707.9m724.0m743.7m945.8m907.0m1.2b1.7b

PP&E

127.2m12.9m124.5m116.4m117.0m119.2m131.7m128.4m153.3m134.5m

Goodwill

36.0m37.4m38.2m39.2m38.0m37.8m37.0m37.3m138.5m138.3m138.8m139.7m

Total Assets

530.7m554.3m574.1m870.2m865.3m907.4m981.2m1.0b1.5b1.5b1.8b2.2b

Accounts Payable

6.4m7.6m7.2m8.1m14.8m14.1m17.3m20.5m23.4m10.6m16.0m22.1m

Short-term debt

6.7m7.3m6.5m4.9m4.4m4.3m9.9m9.3m8.8m8.0m

Current Liabilities

81.2m88.3m94.1m106.6m113.5m128.9m148.7m166.5m154.7m158.8m279.6m340.9m

Long-term debt

64.2m66.9m65.2m328.7m332.0m332.0m280.2m341.4m831.7m845.6m852.5m1.1b

Total Debt

70.9m74.2m71.8m333.5m336.3m336.2m339.8m350.7m840.5m853.6m852.5m1.1b

Total Liabilities

235.7m246.0m225.8m485.7m495.2m512.7m561.2m579.5m1.1b1.1b1.2b1.5b

Common Stock

116.0k118.0k121.0k120.0k120.0k120.0k120.0k120.0k119.0k118.0k119.0k126.0k

Preferred Stock

Additional Paid-in Capital

447.6m462.6m482.9m542.6m546.1m551.3m570.9m573.6m637.2m657.3m675.2m886.3m

Retained Earnings

(168.2m)(156.5m)(130.7m)(151.9m)(169.6m)(149.7m)(142.2m)(124.0m)(236.5m)(239.9m)(143.5m)(217.9m)

Total Equity

295.0m308.3m348.2m384.5m370.1m394.6m420.0m442.3m389.3m406.8m524.2m666.7m

Debt to Equity Ratio

0.2 x0.2 x0.2 x0.9 x0.9 x0.9 x0.8 x0.8 x2.2 x2.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.4 x0.4 x0.4 x0.3 x0.3 x0.6 x0.6 x

Financial Leverage

1.8 x1.8 x1.6 x2.3 x2.3 x2.3 x2.3 x2.3 x3.9 x3.7 x3.4 x3.3 x

Etsy Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(29.9m)81.8m77.5m95.9m349.2m

Depreciation and Amortization

22.5m27.2m26.7m48.0m58.2m

Accounts Receivable

(8.2m)(8.8m)17.2m(12.7m)(22.5m)

Accounts Payable

(3.6m)2.8m13.4m(953.0k)14.6m

Cash From Operating Activities

46.8m67.4m198.9m206.9m679.0m

Purchases of PP&E

(36.0m)(3.9m)(1.0m)(7.5m)(1.4m)

Cash From Investing Activities

(135.4m)61.8m(285.4m)(488.4m)(11.4m)

Long-term Borrowings

(6.1m)(13.7m)(16.2m)(10.8m)(146.4m)

Dividends Paid

Cash From Financing Activities

5.8m3.4m144.0m359.6m119.3m

Net Change in Cash

(89.7m)133.9m51.5m76.3m800.8m

Interest Paid

2.0m7.6m10.0m3.2m3.4m

Income Taxes Paid

10.6m1.0m966.0k2.1m8.5m

Etsy Ratios

USDFY, 2016

Revenue/Employee

349.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x

Etsy Operating Metrics

Etsy Human Capital

FY, 2018FY, 2017FY, 2016Jul, 2014
Multi Ethnicity, percent8%5.9%
Asian, percent16.5%13.8%13.2%11%
White, percent67%71.8%73.9%79%
Other8.5%8.5%12.9%10%
FY, 2018FY, 2017FY, 2016Y, 2015Y, 2014
Other Gender, percent50%
Male, percent21.7%43.8%45.6%45.6%49%
Female, percent28.3%55.4%53.9%53.9%51%
Other0.8%0.5%0.5%
FY, 2018FY, 2017FY, 2016Q4, 2013
Male (Engineers), percent66.8%71%79.2%87.3%
Female (Engineers), percent33.2%29%20.8%12.8%

Etsy Employee Rating

4.2248 votes
Culture & Values
3.7
Work/Life Balance
4.1
Senior Management
3.4
Salary & Benefits
4.2
Career Opportunities
3.5
Source