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Etsy ETSY Operating Income

Operating Income at other companies

Amazon logo
AmazonAMZN
$23.85B+29.6%
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eBayEBAY
$611M0.0%
Pinterest, Inc. logo
Pinterest, Inc.PINS
-$80.29M-126%
Shopify logo
ShopifySHOP
$382M+88.2%
Wayfair logo
WayfairW
-$11M+91.0%

Other financials

Income statement

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Revenue$631.3M+3.1%
Gross profit$455.6M+2.5%
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:OperatingIncomeLoss.

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 operating income?
Etsy (ETSY) reported operating income of $119.85M in Q1 2026.
How has Etsy's operating income changed year-over-year?
Etsy's operating income increased by 3194.4% year-over-year, from -$3.87M to $119.85M.
What is the long-term trend for Etsy's operating income?
Over 3 years (2021 to 2025), Etsy's operating income has grown at a -15.1% compound annual growth rate (CAGR), from $465.73M to $284.66M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.