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Etsy ETSY Intangibles (Net)

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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$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

Reported directly by Etsy in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

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 itemAs of June 30,2026As of December 31,2025
Restricted cash7,6558,524
Property and equipment, net of accumulated depreciation and amortization of $257,165 and $235,066 as of June 30, 2026 and December 31, 2025, respectively200,272205,552
Goodwill37,40838,067
Intangible assets, net of accumulated amortization of $33,919 and $32,479 as of June 30, 2026 and December 31, 2025, respectively12,01314,511
Deferred tax assets104,115119,051
Long-term investments160,665134,376
Other assets41,76538,964
Noncurrent assets of discontinued operations307,226

Item 1. Financial Statements (Unaudited)

FAQ

What is Etsy's intangibles (net)?
Etsy (ETSY) reported intangibles (net) of $12.01M in Q2 2026.
How has Etsy's intangibles (net) changed year-over-year?
Etsy's intangibles (net) decreased by 96.2% year-over-year, from $317.02M to $12.01M.
What is the long-term trend for Etsy's intangibles (net)?
Over 5 years (2020 to 2025), Etsy's intangibles (net) has grown at a -40.1% compound annual growth rate (CAGR), from $187.45M to $14.51M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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