Financial insights of ETSY

MyFinsight

For the year ending 2025-12-31, ETSY made $2,883,501K in revenue. $162,982K in net income. Net profit margin of 5.65%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	2,883,501	2,808,332	2,748,377	2,566,111
Cost of revenue	817,800	774,554	828,675	744,592
Gross profit	2,065,701	2,033,778	1,919,702	1,821,519
Marketing	914,830	856,565	759,196	710,399
Product development	450,192	443,056	469,332	412,398
General and administrative	332,766	353,949	343,242	312,260
Goodwill impairment	-	-	-	1,045,022
Asset impairment charges	101,703	0	68,091	-
Total operating expenses	1,799,491	1,653,570	1,639,861	2,480,079
Income from operations	266,210	380,208	279,841	-658,560
Loss on extinguishment of debt	-	-	-	0
Interest expense	18,509	13,806	14,042	14,168
Interest and other income	44,489	30,982	35,999	10,956
Foreign exchange (loss) gain	-40,428	13,391	-6,348	-206
Loss on sale of business	-5,097	0	-2,630	-
Total other (expense) income	-19,545	30,567	12,979	-3,418
Income before income taxes	246,665	410,775	292,820	-661,978
(provision) benefit for income taxes	83,683	107,494	-14,748	32,310
Net income	162,982	303,281	307,568	-694,288

Basic (in dollars per share)	1.59	2.64	2.51	-5.48
Basic (in shares)	102,356,000	114,944,000	122,503,366	126,778,626
Diluted (in dollars per share)	1.39	2.35	2.24	-5.48
Diluted (in shares)	124,114,000	131,721,000	140,145,406	126,778,626