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Etsy ETSY Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 itemThree Months Ended June 30, 20262025Six Months Ended June 30, 20262025
Foreign exchange gain (loss)3,818(25,356)6,266(40,972)
Loss on sale of business(5,097)(5,097)
Other income (expense), net9,703(25,195)19,117(35,909)
Income from continuing operations before income taxes134,97168,905264,23154,318
Provision for income taxes from continuing operations(20,632)(23,267)(45,230)(43,767)
Net income from continuing operations114,33945,638219,00110,551
Discontinued operations:
Loss from discontinued operations before income taxes(160,769)(17,759)(196,578)(36,491)

Item 1. Financial Statements (Unaudited)

FAQ

What is Etsy's pre-tax income?
Etsy (ETSY) reported pre-tax income of $134.97M in Q2 2026.
How has Etsy's pre-tax income changed year-over-year?
Etsy's pre-tax income increased by 95.9% year-over-year, from $68.91M to $134.97M.
What is the long-term trend for Etsy's pre-tax income?
Over 3 years (2021 to 2025), Etsy's pre-tax income has grown at a -15.6% compound annual growth rate (CAGR), from $471.65M to $283.16M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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