What is Etsy's income tax?

Etsy (ETSY) reported income tax of $24.6M in Q1 2026.

How has Etsy's income tax changed year-over-year?

Etsy's income tax increased by 20.0% year-over-year, from $20.5M to $24.6M.

What is the long-term trend for Etsy's income tax?

Over 3 years (2021 to 2025), Etsy's income tax has grown at a 57.5% compound annual growth rate (CAGR), from -$21.85M to $85.41M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Etsy ETSY Income Tax

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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:IncomeTaxExpenseBenefit.

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 income tax?: Etsy (ETSY) reported income tax of $24.6M in Q1 2026.
How has Etsy's income tax changed year-over-year?: Etsy's income tax increased by 20.0% year-over-year, from $20.5M to $24.6M.
What is the long-term trend for Etsy's income tax?: Over 3 years (2021 to 2025), Etsy's income tax has grown at a 57.5% compound annual growth rate (CAGR), from -$21.85M to $85.41M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.