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Etsy ETSY United States — Revenue

Other geography segments

United Kingdom
$63.42M—

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Other financials

Income statement

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Revenue$631.3M+3.1%
Gross profit$455.6M+2.5%
Operating income$119.8M+3,194%
Net income$69.7M+234%
EPS (diluted)$0.60+222%

Balance sheet

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Cash & equivalents$1.2B+87.1%
Total debt$3.7B+56.0%
Total equity-$1.1B-24.9%
Total assets$2.7B+26.4%

Cash flow

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Operating cash flow$80.7M+64.2%
CapEx$1.5M-54.3%
Free cash flow$79.3M+72.5%

Valuation

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Market cap$7.02B-4.8%
Enterprise value$9.53B+7.8%
P/E24.6×-14.5×
P/S2.5×-0.2×

Profitability

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Gross margin72%-0.8pp
Operating margin14.3%+3.2pp
Net margin9.9%+3.2pp
FCF margin24.8%-1.0pp

Returns & leverage

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Return on equity73.9%-17.6pp
Debt / equity4.1×-0.3×
Current ratio1.7×-0.4×

Where this comes from

Reported directly by Etsy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Etsy’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Etsy's united states — revenue?
Etsy (ETSY) reported united states — revenue of $298.97M in Q1 2026.
How has Etsy's united states — revenue changed year-over-year?
Etsy's united states — revenue decreased by 1.1% year-over-year, from $302.27M to $298.97M.
What is the long-term trend for Etsy's united states — revenue?
Over 4 years (2021 to 2025), Etsy's united states — revenue has grown at a 0.7% compound annual growth rate (CAGR), from $1.39B to $1.44B.
What does united states — revenue mean?
This metric represents the total gross income generated from operations within the United States geographic segment. It encompasses revenue streams such as marketplace transaction fees, seller services, and advertising income derived from domestic users. Tracking this figure helps investors evaluate the company's market penetration and growth trajectory within its primary geographic region.