In Q1 FY2026 (ended March 31, 2026), Etsy reported revenue of $631.3M, up 3.1% year-over-year. Net income surged 233.8% to $69.7M, and operating income rose to $119.8M from near zero a year ago. Diluted EPS was $0.60, up 222.4%. The company held $1.21B in cash but had negative equity of -$1.14B and long-term debt of $2.33B.
•Revenue grew 3.1% YoY to $631.3M.
•Net income increased 233.8% to $69.7M.
•Operating income rose to $119.8M from $3.6M in Q1 FY2025.
•Diluted EPS was $0.60, up from $0.19 a year ago.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. Its business is organized into Etsy and Depop segments.
The company operates Etsy marketplace that connects artisans with various consumers; and Depop, a fashion resale marketplace, as well as marketplace activities including transaction offsite advertising, payments processing, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Founded in 2005, Etsy is headquartered in Brooklyn, New York.
Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, and internationally. The company's business is organized into two segments: Etsy and Depop. The Etsy marketplace focuses on connecting artisans with consumers, offering handmade, vintage, and unique goods. Depop is a fashion resale marketplace, where users can buy and sell secondhand clothing and accessories. Together, these platforms facilitate transactions between individual sellers and buyers, emphasizing creativity and sustainability.
Where is Etsy, Inc. listed and in which currency?
Etsy, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol ETSY. The company's financials are reported in US Dollars (USD). As a US-based company trading on a major US exchange, investors can buy and sell Etsy shares in USD, making it accessible to both domestic and international investors who trade in US currency.
What sector and industry does Etsy, Inc. belong to?
Etsy, Inc. operates in the Consumer Cyclical sector, specifically within the Internet Retail industry. This classification reflects that Etsy's business is tied to consumer spending patterns, which tend to fluctuate with economic cycles. As an internet retailer, Etsy generates revenue through online marketplace activities, connecting sellers and buyers digitally rather than through physical stores. The company's focus on e-commerce and peer-to-peer transactions places it firmly in the digital retail space.
Where is Etsy, Inc. headquartered and what markets does it serve?
Etsy, Inc. is headquartered in Brooklyn, New York, United States. The company was founded in 2005 and originally named Indieco, Inc. before changing its name to Etsy, Inc. in June 2006. Etsy serves markets in the United States, the United Kingdom, and internationally through its two main platforms: Etsy and Depop. While the company is based in the US, its online marketplaces allow sellers and buyers from many countries to participate, giving it a global reach.
How does Etsy, Inc. make money?
Etsy, Inc. generates revenue through several marketplace activities and optional seller services. Key revenue streams include transaction fees from sales on its platforms, offsite advertising fees, payments processing charges, and listing fees. Additionally, the company offers optional seller services such as on-site advertising and shipping labels, which provide extra income. The Etsy segment focuses on artisan goods, while Depop contributes through fashion resale. This diversified model allows Etsy to earn from both core transactions and value-added services for sellers.