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Etsy ETSY Deferred Revenue

Deferred Revenue at other companies

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Graham HoldingsGHC
$297.29M-17.8%
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$20.43B-5.7%
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$51M+27.5%
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1-800-Flowers.comFLWS
$27.86M-6.9%
Shopify logo
ShopifySHOP
$335M+12.4%
Wayfair logo
WayfairW
$255M+9.9%

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%
CapEx$1.2M-82.0%
Free cash flow$39.3M-61.2%

Valuation

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Market cap$7.55B+35.5%
Enterprise value$10.37B+39.0%
P/E36.1×+2.1×
P/S2.6×+0.6×

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:ContractWithCustomerLiabilityCurrent.

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

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001370637-26-000080

FAQ

What is Etsy's deferred revenue?
Etsy (ETSY) reported deferred revenue of $32.48M in Q2 2026.
How has Etsy's deferred revenue changed year-over-year?
Etsy's deferred revenue increased by 37.6% year-over-year, from $23.6M to $32.48M.
What is the long-term trend for Etsy's deferred revenue?
Over 5 years (2020 to 2025), Etsy's deferred revenue has grown at a 19.1% compound annual growth rate (CAGR), from $11.26M to $27.05M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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