Services-Business Services, NEC · SIC 7389

ETSY INC

ETSY

Watch

Latest revenue

$631.3M

as of 2026-03-31

Latest net income

$69.7M

as of 2026-03-31

Net margin

11.0%

as of 2026-03-31

Price · 5Y

-17.7% / yr 31.5 pts / yr vs S&P 500 62.1% total
Compare:

Live market

delayed ≤15 min
$62.38
2.70%
Market cap
$5.92B
Enterprise value
$5.92B
P/E (trailing)
36.3×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$76.52
52-wk low
$44.00
Beta
Shares out
94.9M

5-year trend

What this company does

AI

Item 1. Business. Overview Etsy operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers. Our mission is to “Keep Commerce Human,” and we’re committed to using the power of business and technology to strengthen communities and empower people around the world. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. The Etsy marketplace connects creative artisans and entrepreneurs with thoughtful consumers looking for items that are intended to make both everyday and meaningful occasions feel special as well as reflect their sense of style. Our sellers are the heart and soul of Etsy, and our technology…

AI summary unavailable — showing raw filing excerpt

Generated from ETSY's filing dated 2021-02-26

Key risks

AI

Table of Contents Item 1A. Risk Factors. Investing in our securities involves a high degree of risk. You should consider carefully the risks and uncertainties described below, our Consolidated Financial Statements and related notes, and the other information in this Annual Report on Form 10-K. If any of these risks actually occur, our business, financial condition, results of operations, and prospects could be adversely affected. As a result, the price of our securities could decline and you could lose part or all of your investment. In addition, factors other than those discussed below or in other of our reports filed with or furnished to the SEC also could adversely affect our business,…

AI summary unavailable — showing raw filing excerpt

Generated from ETSY's filing dated 2021-02-26

Profitability

Gross margin

71.6%

1.1%

Operating margin

9.2%

31.8%

Net margin

5.7%

47.7%

Return on equity

-14.8%

62.9%

Return on assets

5.8%

54.0%

Leverage

Debt / equity

-3.57×

14.6%

Long-term debt / equity

-2.12×

29.5%

Debt / assets

138.8%

5.7%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$631.3M+3.1%$69.7M+233.8%11.0%

Q4 2025

2025-12-31

$920.6M+8.0%$186.1M+43.2%20.2%

Q3 2025

2025-09-30

$678.0M+2.4%$52.2M-8.9%7.7%

Q2 2025

2025-06-30

$672.7M+3.8%$-23.3M-143.9%-3.5%

Q1 2025

2025-03-31

$612.2M-5.2%$-52.1M-182.7%-8.5%

Q4 2024

2024-12-31

$852.2M$129.9M15.2%

Q3 2024

2024-09-30

$662.4M+4.1%$57.4M-34.7%8.7%

Q2 2024

2024-06-30

$647.8M+3.0%$53.0M-14.4%8.2%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Business Services, NEC · SIC 7389

Your notes

Keep private notes on ETSY — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$0

Insider selling

$73.9M

Net activity

−$73.9M

Distinct insiders

11

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-15

Marla J Blow

Director

Sale272$58.22$15.8K
2026-05-15

Marla J Blow

Director

Sale28$58.50$1.6K
2026-05-05

Charles Baker

Chief Financial Officer

Sale1,703$63.40$108.0K
2026-05-05

Charles Baker

Chief Financial Officer

Sale327$64.00$20.9K
2026-05-04

Richard Edward Colburn III

Chief Product & Tech Officer

Sale4,776$65.09$310.9K
2026-05-01

Josh Silverman

Director

Sale74,273$64.11$4.8M
2026-05-01

Josh Silverman

Director

Sale14,077$64.54$908.5K
2026-04-29

Josh Silverman

Director

Sale36,443$69.00$2.5M
2026-04-21

Josh Silverman

Director

Sale70,000$65.00$4.5M
2026-04-20

Josh Silverman

Director

Sale30,369$64.00$1.9M
2026-04-16

Josh Silverman

Director

Sale24,296$59.00$1.4M
2026-04-06

Josh Silverman

Director

Sale12,148$54.00$656.0K
2026-04-06

Merilee Buckley

CHIEF ACCOUNTING OFFICER

Sale1,184$52.65$62.3K
2026-04-06

Merilee Buckley

CHIEF ACCOUNTING OFFICER

Sale687$53.19$36.5K
2026-04-06

Merilee Buckley

CHIEF ACCOUNTING OFFICER

Sale122$53.98$6.6K
2026-04-01

Josh Silverman

Director

Sale5,868$49.02$287.6K
2026-04-01

Josh Silverman

Director

Sale206$50.36$10.4K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ETSY

Institutional value

$2.13B

Total shares held

46.5M

Distinct holders

308

-49 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.13.2M$659.1M-208.9K (-1.6%)Trimmed
2VANGUARD PORTFOLIO MANAGEMENT LLC5.5M$275.1MNew
3VANGUARD CAPITAL MANAGEMENT LLC4.2M$209.1MNew
4UBS Group AG1.8M$87.9MNew
5DIMENSIONAL FUND ADVISORS LP1.6M$78.6M+100.5K (+6.8%)Added
6Assenagon Asset Management S.A.1.1M$54.5MNew
7Allianz Asset Management GmbH996.4K$49.8M+145.1K (+17.0%)Added
8Findlay Park Partners LLP908.1K$45.4M-66.2K (-6.8%)Trimmed
9Fiera Capital Corp862.2K$43.1M+21.9K (+2.6%)Added
10JANE STREET GROUP, LLC627.6K$31.4M+617.9K (+6386.4%)Added
11VANGUARD FIDUCIARY TRUST CO613.4K$30.7MNew
12Bank of New York Mellon Corp603.5K$30.2M-12.3K (-2.0%)Trimmed
13UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC567.9K$28.4M-14.7K (-2.5%)Trimmed
14JPMORGAN CHASE & CO559.9K$26.6M-236.0K (-29.7%)Trimmed
15PRINCIPAL FINANCIAL GROUP INC479.0K$23.9MNew
16JUPITER ASSET MANAGEMENT LTD456.7K$22.8M-62.6K (-12.1%)Trimmed
17Public Sector Pension Investment Board427.9K$21.4M+24.9K (+6.2%)Added
18Nuveen, LLC423.5K$21.2M-18.5K (-4.2%)Trimmed
19WELLS FARGO & COMPANY/MN407.1K$20.3M+306.2K (+303.4%)Added
20Robeco Institutional Asset Management B.V.360.9K$18.0MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once ETSY's latest filing finishes processing.