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Etsy ETSY Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Net (loss) income$(46,650)$28,840$23,030$(23,256)
Basic net income from continuing operations per share attributable to common stockholders$1.21$0.44$2.29$0.10
Total basic net (loss) income per share attributable to common stockholders$(0.49)$0.28$0.24$(0.22)
Diluted net income from continuing operations per share attributable to common stockholders$0.98$0.39$1.87$0.10
Total diluted net (loss) income per share attributable to common stockholders$(0.36)$0.25$0.25$(0.22)
Weighted-average common shares outstanding:
Basic94,358103,21295,618105,246
Diluted119,961121,514120,908107,393

Item 1. Financial Statements (Unaudited)

FAQ

What is Etsy's shares (diluted)?
Etsy (ETSY) reported shares (diluted) of 120M in Q2 2026.
How has Etsy's shares (diluted) changed year-over-year?
Etsy's shares (diluted) decreased by 1.3% year-over-year, from 121.5M to 120M.
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.

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