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Etsy ETSY Gross Profit

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Other financials

Income statement

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Revenue$668.3M+6.2%
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$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

Calculated from Etsy’s reported figures.

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 gross profit?
Etsy (ETSY) reported gross profit of $484.05M in Q2 2026.
How has Etsy's gross profit changed year-over-year?
Etsy's gross profit increased by 5.1% year-over-year, from $460.51M to $484.05M.
What is the long-term trend for Etsy's gross profit?
Over 4 years (2021 to 2025), Etsy's gross profit has grown at a 5.0% compound annual growth rate (CAGR), from $1.67B to $2.03B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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