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Etsy ETSY CapEx

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$4M-33.3%

Other financials

Income statement

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Revenue$668.3M+6.2%
Gross profit$484.0M+5.1%
Operating income$125.3M+33.1%
Net income-$46.7M-262%
EPS (diluted)-$0.36-244%

Balance sheet

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Cash & equivalents$901.3M-23.8%
Total debt$3.7B+21.1%
Total equity-$1.4B-24.1%
Total assets$2.4B-4.6%

Cash flow

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Operating cash flow$40.6M-62.5%
Free cash flow$39.3M-61.2%

Valuation

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Market cap$8.15B+46.3%
Enterprise value$10.97B+47.0%
P/E38.9×+5.0×
P/S2.9×+0.8×

Profitability

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Gross margin72.3%-0.9pp
Operating margin16%+3.9pp
Net margin7.3%+1.4pp
FCF margin22.7%-1.6pp

Returns & leverage

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Return on equity73.9%
Debt / equity4.1×
Current ratio1.5×-1.9×

Where this comes from

Reported directly by Etsy in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Etsy’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001370637-26-000080
Line itemSix Months Ended June 30, 20262025
Net cash used in operating activities of discontinued operations(147,144)(11,492)
Net cash provided by operating activities121,297157,320
Cash flows from investing activities
Purchases of property and equipment(2,718)(10,101)
Website and app development(14,915)(18,318)
Purchases of investments(179,142)(197,570)
Sales and maturities of investments156,256184,207
Proceeds from sale of business, net of cash sold100,485

Item 1. Financial Statements (Unaudited)

FAQ

What is Etsy's capex?
Etsy (ETSY) reported capex of $1.23M in Q2 2026.
How has Etsy's capex changed year-over-year?
Etsy's capex decreased by 82.0% year-over-year, from $6.85M to $1.23M.
What is the long-term trend for Etsy's capex?
Over 4 years (2021 to 2025), Etsy's capex has grown at a 8.1% compound annual growth rate (CAGR), from $11.25M to $15.39M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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