Etsy, Inc.

NasdaqGS:ETSY Stock Report

Market Cap: US$4.9b

Etsy Past Earnings Performance

Past criteria checks 0/6

Etsy's earnings have been declining at an average annual rate of -9.6%, while the Multiline Retail industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 14.5% per year.

Key information

-9.65%

Earnings growth rate

-8.80%

EPS growth rate

Multiline Retail Industry Growth12.60%
Revenue growth rate14.45%
Return on equityn/a
Net Margin6.69%
Last Earnings Update31 Mar 2025

Recent past performance updates

Etsy's (NASDAQ:ETSY) Soft Earnings Are Actually Better Than They Appear

May 07
Etsy's (NASDAQ:ETSY) Soft Earnings Are Actually Better Than They Appear

Recent updates

Etsy's (NASDAQ:ETSY) Soft Earnings Are Actually Better Than They Appear

May 07
Etsy's (NASDAQ:ETSY) Soft Earnings Are Actually Better Than They Appear

Why The 22% Return On Capital At Etsy (NASDAQ:ETSY) Should Have Your Attention

May 01
Why The 22% Return On Capital At Etsy (NASDAQ:ETSY) Should Have Your Attention

Etsy: Back To Basics With Reverb Sale (Rating Upgrade)

Apr 24

Etsy Looks Like An Equity Value Juggernaut

Mar 26

Etsy: Abysmal Holiday Sales Signal Need For Improved Customer Acquisition

Feb 19

Etsy, Inc.'s (NASDAQ:ETSY) Popularity With Investors Is Clear

Feb 13
Etsy, Inc.'s (NASDAQ:ETSY) Popularity With Investors Is Clear

Is Now An Opportune Moment To Examine Etsy, Inc. (NASDAQ:ETSY)?

Jan 17
Is Now An Opportune Moment To Examine Etsy, Inc. (NASDAQ:ETSY)?

Etsy: Share Repurchases Won't Save The Stock

Jan 09

Investors Will Want Etsy's (NASDAQ:ETSY) Growth In ROCE To Persist

Nov 23
Investors Will Want Etsy's (NASDAQ:ETSY) Growth In ROCE To Persist

Etsy: I Agree With Elliott Management's Optimism

Nov 21

Etsy: A Beaten Down Stock With Hidden Value

Nov 12

Getting In Cheap On Etsy, Inc. (NASDAQ:ETSY) Is Unlikely

Oct 27
Getting In Cheap On Etsy, Inc. (NASDAQ:ETSY) Is Unlikely

Etsy: A Pandemic Growth Stock Ready For A Rebound In 2025

Oct 20

At US$57.14, Is Etsy, Inc. (NASDAQ:ETSY) Worth Looking At Closely?

Sep 30
At US$57.14, Is Etsy, Inc. (NASDAQ:ETSY) Worth Looking At Closely?

Etsy Is Not Trying To Be Temu Or Amazon

Sep 11
author-image

Innovative Customer Experiences And AI Integration Set To Surge Revenue Growth

Etsy's focus on improving customer experience and introducing effective gifting strategies is expected to significantly increase buyer engagement and revenue.

Etsy: With Weak Growth Heading Into A Potential Recession, I'd Stay Away

Aug 14

Shareholders Would Enjoy A Repeat Of Etsy's (NASDAQ:ETSY) Recent Growth In Returns

Aug 08
Shareholders Would Enjoy A Repeat Of Etsy's (NASDAQ:ETSY) Recent Growth In Returns

Etsy Q2 Earnings Preview: The Stock Has Likely Found A Bottom (Rating Upgrade)

Jul 22

Etsy, Inc.'s (NASDAQ:ETSY) Shareholders Might Be Looking For Exit

Jul 03
Etsy, Inc.'s (NASDAQ:ETSY) Shareholders Might Be Looking For Exit

Etsy: Hand-Crafted, A Bullish Case Despite Debt

Jun 21

It Looks Like Etsy, Inc.'s (NASDAQ:ETSY) CEO May Expect Their Salary To Be Put Under The Microscope

Jun 07
It Looks Like Etsy, Inc.'s (NASDAQ:ETSY) CEO May Expect Their Salary To Be Put Under The Microscope

Should You Investigate Etsy, Inc. (NASDAQ:ETSY) At US$64.91?

Jun 05
Should You Investigate Etsy, Inc. (NASDAQ:ETSY) At US$64.91?

Etsy: Growth Dreams Are Fading (Rating Downgrade)

May 12

Etsy: Competition Concerns Already Priced In

Apr 18

Etsy: Covert Recessionary Hedge As People Look For Secondary Income (Rating Upgrade)

Apr 09

Etsy Earnings Preview: What Needs To Happen For It To Be A Buy

Feb 17

Etsy: Moat Remains Intact At A Reasonable Price

Feb 01

Revenue & Expenses Breakdown

How Etsy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:ETSY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 252,8141881,199444
31 Dec 242,8083031,211443
30 Sep 242,7982571,188436
30 Jun 242,7722871,150442
31 Mar 242,7532961,125450
31 Dec 232,7483081,095456
30 Sep 232,7133341,075465
30 Jun 232,671-7171,052459
31 Mar 232,628-7061,039439
31 Dec 222,566-6941,023412
30 Sep 222,476-642975382
30 Jun 222,414411950348
31 Mar 222,358436930307
31 Dec 212,329494901272
30 Sep 212,229480873240
30 Jun 212,148482843213
31 Mar 212,048480776196
31 Dec 201,726349655180
30 Sep 201,378232518165
30 Jun 201,125155432151
31 Mar 2087777355135
31 Dec 1981896333122
30 Sep 19748106300107
30 Jun 1970111128098
31 Mar 196529625693
31 Dec 186047724197
30 Sep 185408120885
30 Jun 184968719279
31 Mar 184659519074
31 Dec 174418219171
30 Sep 174151619170
30 Jun 17396-1318868
31 Mar 17380-3217961
31 Dec 16365-3016855
30 Sep 16343-1315350
30 Jun 16321-1714547
31 Mar 16297-1613845
31 Dec 15273-5413243
30 Sep 15251-5512441
30 Jun 15232-5511540
31 Mar 15214-5110239
31 Dec 14196-159037
30 Sep 14172-137634
30 Jun 14155-56631

Quality Earnings: ETSY has a large one-off loss of $101.7M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: ETSY's current net profit margins (6.7%) are lower than last year (10.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ETSY's earnings have declined by 9.6% per year over the past 5 years.

Accelerating Growth: ETSY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ETSY had negative earnings growth (-36.4%) over the past year, making it difficult to compare to the Multiline Retail industry average (16.2%).

Return on Equity

High ROE: ETSY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/19 18:06
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Etsy, Inc. is covered by 57 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Oliver LesterArete Research Services LLP
Richard KramerArete Research Services LLP
Ishan MajumdarBaptista Research