Business
Etsy operates online marketplaces for creative, vintage and specialized goods.
Etsy produced strong free cash flow despite modest growth and lower conversion, while the planned Depop sale created a pending portfolio transition.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 2.7%OK
- Profitability — Net income declined 46.3% to $162.982M from $303.281MWatch
- Cash flow — Free cash flow declined 8.2% to $678.028M from $738.261MWatch
- Margins — Operating margin contracted 431 bps to 9.23%Watch
- Accounting — Marketplace cash flow with portfolio transitionWatch
- Insiders — 0 purchases and 50 salesWatch
Where the revenue comes from
Fiscal 2025, as ETSY INC reports it. History and quarterly detail are in the app.
- Marketplace revenue$2.0B
- Services revenue$876.3M
Leadership changes
From ETSY INC's own filings, the day they're filed.
- Kruti Patel Goyal · appointmenteff. 2026-01-01
- Rachel Glaser · Chief Financial Officer · departureeff. 2025-01-01
- Rachana Kumar · Chief Technology Officer · departureeff. 2024-12-31
Latest filings
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-07-16
- 8-K · Company announcement2026-06-12
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about ETSY INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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