For the quarter ending 2026-03-31, ETSY had -$100,851K decrease in cash & cash equivalents over the period. $79,258K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | - | 110,735 | 75,503 | 28,840 |
| Net income (loss) from continuing operations | 104,662 | - | - | - |
| Stock-based compensation expense | 52,963 | 63,355 | 60,772 | 58,510 |
| Depreciation and amortization expense | 15,315 | 24,894 | 24,263 | 25,398 |
| Provision for expected credit losses | 1,136 | 1,906 | 2,192 | 2,523 |
| Deferred provision (benefit) for income taxes | -6,705 | -17,941 | -22,292 | -1,524 |
| Asset impairment charge | 0 | 0 | 0 | 0 |
| Other non-cash (income) expense, net | 2,257 | 1,558 | -1,885 | -18,914 |
| Accounts receivable | - | 10,034 | - | - |
| Funds receivable and seller accounts | - | 23,035 | - | - |
| Prepaid expenses and other current assets | - | 33,814 | - | - |
| Other assets | - | -4,560 | - | - |
| Current assets | -144,237 | - | 69,539 | 40,001 |
| Accounts payable | - | 2,496 | - | - |
| Non-current assets | -1,246 | - | 1,438 | 3,415 |
| Accrued and other current liabilities | - | 27,660 | - | - |
| Current liabilities | -252,857 | - | 205,713 | -66,511 |
| Funds payable and amounts due to sellers | - | 23,035 | - | - |
| Non-current liabilities | -22,650 | - | 24,452 | 4,775 |
| Deferred revenue | - | 6,975 | - | - |
| Net cash provided by operating activities of continuing operations | 102,536 | - | - | - |
| Other liabilities | - | 1,465 | - | - |
| Net cash used in operating activities of discontinued operations | -21,794 | - | - | - |
| Net cash provided by operating activities | 80,742 | 317,124 | 218,970 | 108,137 |
| Purchases of property and equipment | 1,484 | 1,266 | 4,008 | 6,864 |
| Website and app development | 8,378 | 7,970 | 9,844 | 10,802 |
| Purchases of investments | 84,460 | 75,491 | 53,521 | 80,612 |
| Sales and maturities of investments | 81,003 | 85,279 | 43,356 | 74,015 |
| Net cash used in investing activities of continuing operations | -13,319 | - | - | - |
| Proceeds from sale of business, net of cash | - | 0 | 0 | 100,485 |
| Net cash used in investing activities of discontinued operations | -3,202 | - | - | - |
| Net cash used in investing activities | -16,521 | 552 | -24,017 | 76,222 |
| Payment of tax obligations on vested equity awards | 13,974 | 32,694 | 13,567 | 20,790 |
| Repurchase of stock | 145,223 | 133,229 | 119,818 | 334,675 |
| Proceeds from exercise of stock options | 2,238 | 2,336 | 9,677 | 2,709 |
| Proceeds from issuance of convertible senior notes | - | 0 | 0 | 700,000 |
| Payment of debt issuance costs | - | 0 | 839 | 10,500 |
| Payments on finance lease obligations | 1,587 | 1,568 | 1,549 | 1,531 |
| Other financing, net | 100 | -138 | -558 | -8,359 |
| Net cash used in financing activities | -158,446 | -165,293 | -126,654 | 326,854 |
| Effect of exchange rate changes on cash | -6,626 | 1,075 | -754 | 22,953 |
| Net decrease in cash and cash equivalents | -100,851 | 153,458 | 67,545 | 534,166 |
| Cash and cash equivalents at beginning of period | - | - | 1,183,357 | 649,191 |
| Cash, cash equivalents, and restricted cash at beginning of period | 1,250,902 | - | - | - |
| Cash, cash equivalents, and restricted cash at end of period | 1,303,509 | - | 1,250,902 | 1,183,357 |
ETSY INC (ETSY)
ETSY INC (ETSY)