Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels. Further, the company provides various seller tools, including Shop Manager dashboard, a centralized hub for Etsy sellers to track orders, manage inventory, view metrics and statistics, and have conversations with their customers; and Sell on Etsy, an application to enable enhanced onboarding and video uploading. Additionally, it offers Etsy seller analytics pages that provides insights regarding traffic acquisition for their shops; Targeted Offers, a sales and promotions tool, and social media tool; and accounting and bookkeeping services. The company also provides educational resources comprising blog posts, video tutorials, Etsy Seller Handbook, Etsy.com online forums, and insights; Etsy Teams, a platform to build personal relationships with other Etsy sellers; and a Star Seller program. As of December 31, 2021, it connected a total of 7.5 million active sellers to 96.3 million active buyers; and had 120 million items for sale. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.

Etsy, Inc.

Etsy 1

Etsy is the global marketplace for unique and creative goods. We build, power, and evolve the tools and technologies that connect millions of entrepreneurs with millions of buyers around the world. Etsy Inc. employees – whether a team member of Etsy, Reverb, or Depop – tackle unique, meaningful, and large-scale problems alongside passionate coworkers, all the while making a rewarding impact and Keeping Commerce Human.

Founded in 2005, Etsy is headquartered in Brooklyn, NY with additional offices in Dublin and Mexico City. As of March 31, 2023, our marketplaces connect 7.9 million active sellers – 80% of whom are women – and 95.5 million active buyers in nearly every country in the world. In 2022, we facilitated over $13 billion in transactions, created nearly 3.4 million jobs, and generated ~$3.6 billion in income to U.S. households.

Dragoneer Investment Group

Employee Stock Option Fund

Breyer Capital

Accel

Union Square Ventures

Glynn Capital Management

Acton Capital

Burda Principal Investments

Etsy

Troy, a potter with Down Syndrome, handmakes each piece of his pottery. They’ve become so well-known and well-loved that they sell out in minutes. Beyond their aesthetic appeal, his creations serve as catalysts for positive change. Troy donates 100% of the proceeds from the shops' pottery sales to nonprofit organizations, fostering a brighter, more inclusive future.

Join us in sharing Troy's story and explore his unique pieces, which will restock in January! https://etsy.me/3QZyseK

Are you feeling festive? We’re particularly spirited since our marketing team ‘decked the halls’ across New York, San Francisco, Philadelphia, and England with our latest out-of-home ads. 

To celebrate their hard work, our employees spotted and captured snapshots of Etsy’s campaigns throughout those cities. The delightful ads serve as an inspiration to shop for meaningful gifts from small sellers during this season of giving. We’re grateful for the creative minds behind these ads and the talented sellers who make them possible, and we’re thrilled to see them celebrated around the globe! #LifeAtEtsy

We are thrilled to announce that we've achieved an #Equality100 score in Human Rights Campaign’s Corporate Equality Index – the highest possible score!

Receiving this recognition for the fourth year in a row highlights Etsy’s commitment to LGBTQ+ equity and inclusion. We’re proud to prioritize equitable policies and benefits and to foster a culture where employees from all backgrounds can come, stay and thrive.

None of this would be possible without our incredible DEI and Benefits teams, which consistently champion workplace inclusion and ensure that our employees are not just heard, but also respected and represented at work. #CEI2023 https://etsy.me/3RdYyJY

From concept to checkout, Senior Product Manager Jade Mulvaney Skarda transforms visions into reality, always with Etsy sellers and buyers' experience in mind.Join us as she shares insights into her cross-functional approach, and discover her personal tip for navigating the path to becoming a Product Manager.

As winter approaches in NYC, we teamed up with Breaking Ground (NYC Permanent Supportive Housing) to assemble winter weather kits for neighbors in need. Colleagues came together to pack scarves, hats, and gloves in hopes of providing warmth to others during these colder months. In the spirit of giving back, we’re also running a month-long toy and coat drive with New York Cares. Here's to spreading warmth and compassion throughout our communities!

Keeping Commerce Human means having our sellers’ backs and looking out for buyers. 

In support of this work, Etsy signed onto the Digital Fairness Pledge, a set of voluntary commitments created to protect buyers online, as part of the European Union’s Consumer Protection Pledge. 

“By signing this pledge, we’re helping to foster a safe, transparent, and human marketplace where our sellers and buyers come together to create and discover something special,” shared Jeffrey Zubricki, Head of Advocacy and Public Policy at Etsy.

Big thanks to the Etsy Advocacy team and Jeffrey, who led this effort and engaged with the European Commissioner for Justice, Didier Reynders, European Commission representatives, and Members of the European Parliament in Brussels to formally sign the pledge. https://etsy.me/47zawoz

Sorry, not sorry if you can’t get our new holiday jingles out of your head. In our new TV campaigns, live now, we’ve turned the hardest gifting missions into humorous ear-worms to remind shoppers that Etsy has your back this holiday season.

Think shopping for twins with distinct tastes or a tall boyfriend with unique preferences. These ads acknowledge that the gift-giving process can be daunting, but the exploration and discovery of thoughtful gifts can be gratifying. Explore one of our favorites here: https://etsy.me/3MWawXj 

We've also tapped into the creative minds behind these ads—our very own Etsy employees! Stay tuned for behind-the-scenes stories of how they brought this ‘mission’ to life.

Meet 👩🏻💻 Yasmary Diaz Diaz, one of our Staff Engineers on the IT Engineering team. She's a problem-solving guru who tackles complex and often unscoped problems faced by our internal IT teams, ultimately helping us all to be even more efficient. 

Tune in to hear more about her career journey within the organization and to discover why she appreciates the transparency in our workplace.

Enjoy these stories from our team? Join our talent community to hear more. https://etsy.me/49dv3QQ

It’s here! Our Etsy Cyber Week sale is live!✨

We're thrilled for you to explore the array of unique and handmade gifts created by small sellers like Victoria Gilles Fernández. Victoria is an Argentinian artisan whose handmade ceramics range from one-of-a-kind vases to plates and limited art prints. Don't miss the chance to grab some of her and other sellers’ items on sale this week now through Nov 29th!

Small businesses are at the heart of everything we do at Etsy. Whether we’re advocating to policymakers on behalf of our seller community, or bringing them with us to the table, we work to ensure our sellers’ voices are heard.

Etsy recently hosted a bipartisan group of women Senate staffers at our Brooklyn office, in partnership with Global Women's Innovation Network (GlobalWIN), for an opportunity to connect directly with Etsy sellers and gain firsthand insights into the impact legislation has on their lives.

Several Etsy sellers joined Chief Operating Officer, Raina Moskowitz for insightful discussions on women in entrepreneurship, access to paid leave, childcare, and tax issues that affect small and micro businesses. Thanks to the Etsy Advocacy team for making this event possible!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	125.02M -	195.59M 56.45%	273.50M 39.83%	364.97M 33.44%	441.23M 20.90%	603.69M 36.82%	818.38M 35.56%	1.73B 110.86%	2.33B 34.97%	2.57B 10.18%	2.75B 7.10%
cost of revenue	47.78M -	73.63M 54.11%	96.98M 31.71%	123.33M 27.17%	150.99M 22.43%	190.76M 26.34%	271.04M 42.08%	464.75M 71.47%	654.51M 40.83%	744.59M 13.76%	828.67M 11.29%
gross profit	77.24M -	121.96M 57.89%	176.52M 44.74%	241.64M 36.89%	290.25M 20.12%	412.93M 42.27%	547.34M 32.55%	1.26B 130.36%	1.67B 32.81%	1.82B 8.77%	1.92B 5.39%
selling and marketing expenses	17.85M -	39.66M 122.16%	66.77M 68.38%	82.80M 24.00%	109.08M 31.75%	158.01M 44.85%	215.57M 36.43%	500.76M 132.29%	654.80M 30.76%	710.40M 8.49%	759.20M 6.87%
general and administrative expenses	31.11M -	51.92M 66.88%	68.94M 32.78%	86.18M 25.01%	91.49M 6.16%	82.88M 9.40%	121.13M 46.15%	156.03M 28.81%	282.53M 81.07%	312.26M 10.52%	343.24M 9.92%
selling general and administrative expenses	48.96M -	91.58M 87.03%	135.71M 48.20%	168.98M 24.51%	200.57M 18.70%	240.90M 20.11%	336.70M 39.77%	656.79M 95.06%	937.34M 42.71%	1.02B 9.10%	1.10B 7.80%
research and development expenses	27.55M -	36.63M 32.98%	42.69M 16.54%	55.08M 29.02%	74.62M 35.46%	97.25M 30.33%	121.88M 25.33%	180.08M 47.75%	271.54M 50.79%	412.40M 51.88%	469.33M 13.81%
other expenses			-26.11M -	-20.45M 21.67%	20.37M 199.59%	-19.71M 196.75%	-8.12M 58.82%	-58.30M 618.42%	5.92M 110.16%	1.05B 17,546.44%
cost and expenses	124.29M -	201.84M 62.40%	275.38M 36.43%	347.39M 26.15%	426.17M 22.68%	528.91M 24.11%	729.62M 37.95%	1.30B 78.40%	1.86B 43.16%	3.22B 73.05%	2.40B 25.56%
operating expenses	76.51M -	128.21M 67.57%	178.40M 39.15%	224.06M 25.59%	275.19M 22.82%	338.14M 22.88%	458.58M 35.62%	836.87M 82.49%	1.21B 44.45%	2.48B 105.16%	1.57B 36.62%
interest expense	302K -	590K 95.36%	1.53M 158.64%	7.20M 372.08%	11.13M 54.50%	22.18M 99.26%	24.32M 9.66%	42.02M 72.80%	9.88M 76.48%	14.17M 43.33%	14.04M 0.89%
ebitda	13.16M -	11.01M 16.31%	16.67M 51.33%	40.10M 140.62%	45.42M 13.25%	101.53M 123.55%	136.79M 34.73%	482.20M 252.50%	540.00M 11.99%	1.53B 183.00%	475.25M 68.90%
operating income	733K -	-6.25M 952.80%	-1.88M 69.86%	17.58M 1,032.96%	11.90M 32.32%	74.79M 528.67%	88.76M 18.69%	424.01M 377.70%	465.73M 9.84%	-658.56M 241.40%	279.84M 142.49%
depreciation and amortization	12.38M -	17.22M 39.12%	18.55M 7.70%	22.52M 21.43%	27.20M 20.74%	26.74M 1.67%	48.03M 79.61%	58.19M 21.15%	74.27M 27.63%	96.70M 30.21%	91.32M 5.56%
total other income expenses net	-419K -	-3.46M 725.78%	-26.11M 654.62%	-20.45M 21.67%	17.21M 184.13%	-19.71M 214.53%	-8.12M 58.82%	-58.30M 618.42%	5.92M 110.16%	-1.05B 17,804.15%	-77.07M 92.65%
income before tax	58K -	-10.26M 17,789.66%	-27.99M 172.85%	-2.88M 89.73%	32.27M 1,221.87%	55.08M 70.71%	80.65M 46.42%	365.71M 353.47%	471.65M 28.97%	-661.98M 240.35%	292.82M 144.23%
income tax expense	854K -	4.98M 483.49%	26.07M 423.16%	27.02M 3.67%	-49.53M 283.29%	-22.41M 54.75%	-15.25M 31.97%	16.46M 207.97%	-21.85M 232.74%	32.31M 247.85%	-14.75M 145.65%
net income	-796K -	-15.24M 1,814.95%	-54.06M 254.67%	-29.90M 44.69%	81.80M 373.57%	77.49M 5.27%	95.89M 23.75%	349.25M 264.20%	493.51M 41.31%	-694.29M 240.68%	307.57M 144.30%
weighted average shs out	93.69M -	93.69M 0%	91.12M 2.75%	113.56M 24.63%	118.54M 4.38%	120.15M 1.36%	119.67M 0.40%	121.25M 1.33%	127.22M 4.93%	126.78M 0.35%	140.15M 10.54%
weighted average shs out dil	93.69M -	93.69M 0%	91.12M 2.75%	113.56M 24.63%	122.27M 7.67%	127.08M 3.94%	125.72M 1.07%	136.41M 8.51%	146.68M 7.53%	126.78M 13.57%	140.15M 10.54%
eps	-0.01 -	-0.16 1,782.35%	-0.59 268.75%	-0.26 55.93%	0.69 365.38%	0.64 7.25%	0.80 25.00%	2.88 260%	3.88 34.72%	-5.48 241.24%	2.51 145.80%
epsdiluted	-0.01 -	-0.16 1,782.35%	-0.59 268.75%	-0.26 55.93%	0.68 361.54%	0.61 10.29%	0.76 24.59%	2.69 253.95%	3.40 26.39%	-5.48 261.18%	2.24 140.88%

COM:ETSY

Etsy

Last Close

50.86

21/11 21:00

Market Cap

6.70B

Beta: -

Volume Today

2.32M

Avg: -

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