What is Etsy's shares (diluted)?

Etsy (ETSY) reported shares (diluted) of 121M in Q1 2026.

How has Etsy's shares (diluted) changed year-over-year?

Etsy's shares (diluted) increased by 13.0% year-over-year, from 107.1M to 121M.

What is the long-term trend for Etsy's shares (diluted)?

Over 4 years (2021 to 2025), Etsy's shares (diluted) has grown at a -4.9% compound annual growth rate (CAGR), from 583.7M to 477.7M.

What does shares (diluted) mean?

The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

Etsy ETSY Shares (Diluted)

Shares (Diluted) at other companies

AmazonAMZN

10.9B+0.8%

eBayEBAY

457M-3.8%

Pinterest, Inc.PINS

636.6M-7.7%

ShopifySHOP

1.3B+0.6%

WayfairW

131M+3.1%

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

See full

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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 shares (diluted)?: Etsy (ETSY) reported shares (diluted) of 121M in Q1 2026.
How has Etsy's shares (diluted) changed year-over-year?: Etsy's shares (diluted) increased by 13.0% year-over-year, from 107.1M to 121M.
What is the long-term trend for Etsy's shares (diluted)?: Over 4 years (2021 to 2025), Etsy's shares (diluted) has grown at a -4.9% compound annual growth rate (CAGR), from 583.7M to 477.7M.
What does shares (diluted) mean?: The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.