Etsy Income Statement
ETSY / Consumer Discretionary|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
Etsy reported $2.9B in revenue and $163M in net income for FY2025. Revenue has grown at a 29.9% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.9B | $2.8B | $2.7B | $2.6B | $2.3B | $1.7B | $818.4M | $603.7M | $441.2M | $195.6M | $125.0M | $195.6M | $125.0M |
| Cost of Revenue | $817.8M | $774.6M | $828.7M | $744.6M | $654.5M | $464.7M | $271.0M | $190.8M | $151.0M | $73.6M | $47.8M | $73.6M | $47.8M |
| Gross Profit | $2.1B | $2.0B | $1.9B | $1.8B | $1.7B | $1.3B | $547.3M | $412.9M | $290.2M | $122.0M | $77.2M | $122.0M | $77.2M |
| SG&A Expense | $332.8M | $353.9M | $343.2M | $312.3M | $282.5M | $156.0M | $121.1M | $82.9M | $91.5M | $51.9M | $31.1M | $51.9M | $31.1M |
| R&D Expense | $450.2M | $443.1M | $469.3M | $412.4M | $271.5M | $180.1M | $121.9M | $97.2M | $74.6M | $36.6M | $27.5M | $36.6M | $27.5M |
| Operating Income | $266.2M | $380.2M | $279.8M | -$658.6M | $465.7M | $424.0M | $88.8M | $74.8M | $11.9M | -$6.3M | $733.0K | -$6.3M | $733.0K |
| Interest Expense | - | - | $14.0M | $14.2M | $9.9M | $42.0M | $24.3M | $22.2M | $11.1M | $590.0K | $302.0K | $590.0K | $302.0K |
| Income Tax | $83.7M | $107.5M | -$14.7M | $32.3M | -$21.9M | $16.5M | -$15.2M | -$22.4M | -$49.5M | $5.0M | $854.0K | $5.0M | $854.0K |
| Net Income | $163.0M | $303.3M | $307.6M | -$694.3M | $493.5M | $349.2M | $95.9M | $77.5M | $81.8M | -$15.2M | -$796.0K | -$15.2M | -$796.0K |
| EPS (Basic) | $1.59 | -$5.48 | $2.51 | -$5.48 | $3.88 | $2.88 | $0.80 | $0.64 | -$0.59 | - | - | - | - |
| EPS (Diluted) | $1.39 | -$5.48 | $2.24 | -$5.48 | $3.40 | $2.69 | $0.76 | $0.61 | -$0.59 | -$0.38 | -$0.02 | - | -$0.02 |
| Shares Outstanding | 97.0M | 119.1M | 119.1M | 125.1M | 127.0M | 125.8M | 118.3M | 119.8M | 116.0M | 44.2M | 33.1M | 40.2M | 32.7M |
| Gross Margin | 71.6% | 72.4% | 69.8% | 71.0% | 71.9% | 73.1% | 66.9% | 68.4% | 65.8% | 62.4% | 61.8% | 62.4% | 61.8% |
| Operating Margin | 9.2% | 13.5% | 10.2% | -25.7% | 20.0% | 24.6% | 10.8% | 12.4% | 2.7% | -3.2% | 0.6% | -3.2% | 0.6% |
| Profit Margin | 5.7% | 10.8% | 11.2% | -27.1% | 21.2% | 20.2% | 11.7% | 12.8% | 18.5% | -7.8% | -0.6% | -7.8% | -0.6% |