ET
ETSY
—
NYSE
Department Stores
Etsy Inc
LatestEtsy completes $1.4 billion Depop sale to eBay, affirming Q1 guidance
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
10,4B USD
P/E
57,7x
EV / Rev
3,1x
Div yield
—
Op margin
9,2 %
ROE
-14,3 %
Net margin
5,7 %
Debt / equity
-0,57
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$83,15
Open
$82,64
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About
Etsy Inc operates an online marketplace connecting buyers and sellers of unique, handmade, and vintage goods, generating revenue primarily through transaction fees and advertising services.
Business. Etsy Inc (NYSE: ETSY) is a retailer operating within the Consumer Cyclicals sector, specifically classified under the Department Stores industry. The company generates revenue through a product-sale model. As segment and geographic breakdowns are not provided, the business is described at the industry level. Etsy Inc is primarily listed on the New York Stock Exchange.
Classification99 %
SectorConsumer Discretionary
Industry groupDepartment Stores
Generated · model-assisted
Sell-side consensus
HOLD31 analysts
10 buy20 hold1 sell
Avg 12m price target77,98
Analyst recommendations
31 analysts · consensus HoldBuy10
Hold20
Sell1
12-month price target
77,98
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation→
57,7x
P/E
Analysts→
Hold
31 analysts · indicative
Ownership→
Arrowstreet Capital, Limited Partnership
largest disclosed fund holder
Profitability→
-14,3 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
1Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,7 %
Energy+0,6 %+3,3 %+0,1 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,8 %+0,0 %
Consumer Discretionary · THIS SECTOR+0,4 %+7,9 %−0,2 %
Financials−0,2 %+0,9 %−0,8 %
Real Estate−0,7 %+10,9 %−1,3 %
Consumer Staples−0,7 %+2,3 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to ETSY. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-05
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressJosh Gottheimer — Etsy, Inc.2023-05-08 · Democrat · NJ · Sale · $1,001 - $15,000
- CongressJosh Gottheimer — Etsy, Inc.2023-04-27 · Democrat · NJ · Sale · $1,001 - $15,000
- CongressJosh Gottheimer — Etsy, Inc.2023-01-11 · Democrat · NJ · Purchase · $1,001 - $15,000
- CongressJosh Gottheimer — Etsy, Inc.2022-03-07 · Democrat · NJ · Sale · $1,001 - $15,000
- CongressJosh Gottheimer — Etsy, Inc.2022-02-02 · Democrat · NJ · Sale · $1,001 - $15,000
- CongressJosh Gottheimer — Etsy, Inc.2021-10-19 · Democrat · NJ · Purchase · $1,001 - $15,000
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · 2026-08-01
Composite-score breakdown
Synthesis
Business
Etsy Inc (NYSE: ETSY) is a retailer operating within the Consumer Cyclicals sector, specifically classified under the Department Stores industry. The company generates revenue through a product-sale model. As segment and geographic breakdowns are not provided, the business is described at the industry level. Etsy Inc is primarily listed on the New York Stock Exchange.
Classification99 %
SectorConsumer Discretionary
Industry groupDepartment Stores
AI synthesis
GENERATEDEtsy maintains a complex capital structure characterized by negative total equity of -1.14 billion USD against total liabilities of 3.82 billion USD. The company holds 1.21 billion USD in cash and equivalents, providing a current ratio of 1.69, which suggests adequate short-term liquidity despite the negative equity position. Short-term debt stands at 649.3 million USD, contributing to a negative debt-to-equity ratio of -0.57. The risk assessment flags liquidity risk as low, indicating that immediate solvency concerns are manageable, but the negative equity base remains a structural vulnerability.
Profitability metrics show a gross profit of 455.6 million USD on revenue of 631.3 million USD, resulting in a gross margin of approximately 72%. Operating income is 119.8 million USD, leading to a net income of 69.7 million USD for the period. The return on assets is 6.08%, while the return on equity is negative at -14.34% due to the negative equity denominator. The price-to-earnings ratio is 57.72, and the EV/EBITDA is 24.02, suggesting the market prices in significant future growth or stability despite current valuation multiples being elevated relative to typical value benchmarks.
Revenue concentration and segment details are not explicitly broken down in the provided data, but the business model relies heavily on the interaction between sellers and buyers on its platform. The company’s exposure to technological changes and platform dependencies is a key operational factor, as noted in filing observations regarding reliance on mobile, social, and search solutions. The geographic distribution of revenue is not specified in the available data, limiting the ability to assess regional concentration risks.
Growth trajectory analysis is constrained by the absence of historical period data in the input. The current quarter’s revenue of 631.3 million USD serves as the baseline for performance evaluation. Without year-over-year or quarter-over-quarter historical comparisons, the direction of revenue growth cannot be quantitatively assessed from the provided snapshot alone. The company’s ability to maintain or grow this revenue base is contingent on its capacity to adapt to technological changes and maintain platform effectiveness.
Risk factors are dominated by high dilution risk, as the diluted share count of 121.03 million is materially above the basic share count of 94.89 million. This discrepancy suggests significant potential dilution from stock-based compensation or other equity issuances. Key flags also highlight the risk of failing to meet publicly announced guidance, which could lead to stock price declines. Additionally, the company faces the risk of impairment charges on goodwill and other long-lived assets, which could negatively impact operating results in the future.
Recent events include critical 8-K filings with material items 1.01 and 2.01, indicating significant corporate actions or changes in financial status. Analyst sentiment is mixed, with a mean recommendation of 2.61 (on a scale where 1 is strong buy and 5 is strong sell) and a mean price target of 77.98 USD, closely aligned with the current market price of 77.73 USD. The high count of hold ratings (20) compared to buy (7) and strong buy (3) ratings suggests cautious market expectations.
Key takeaways
- Negative total equity of -1.14 billion USD creates a negative ROE of -14.34%, distorting return metrics despite positive net income of 69.7 million USD.
- High dilution risk is flagged due to the diluted share count (121.03M) being significantly higher than the basic share count (94.89M).
- Liquidity is assessed as low risk with a current ratio of 1.69 and 1.21 billion USD in cash, offsetting short-term debt of 649.3 million USD.
- Valuation multiples are elevated with a P/E of 57.72 and EV/EBITDA of 24.02, reflecting high growth expectations or market optimism.
- Critical 8-K filings and mixed analyst sentiment (mean rec 2.61) indicate near-term uncertainty and cautious market positioning.
- Operational risks include dependency on third-party platforms and potential impairment charges on goodwill and intangible assets.
Bull / Bear case
Generated · model-assistedBULL CASE · 4
Operating margin of 9.2% significantly exceeds the 4.3% Department Stores cohort median, indicating superior profitability.
Free cash flow grew 8.9% year-over-year to $738 million, demonstrating strong cash generation capabilities.
Analysts project 14.9% upside to a mean price target of $73.85, suggesting undervaluation relative to consensus.
Cash conversion ratio of 4.25 ranks above the 75th percentile within the Department Stores cohort.
BEAR CASE · 3
High dilution risk is flagged, potentially eroding shareholder value through equity issuance or option exercises.
Revenue declined 2.6% year-over-year, indicating contraction in top-line growth momentum.
Net debt to EBITDA stands at 2.55, reflecting elevated leverage within the high band classification.
In focus — financials by report
Quarterly
Annual
QUARTERLYFiled 2026-03-31
Q4 2025 · Quarter highlights
Revenue $631.3M; Operating income $119.8M.
Revenue$631.3M
Operating income$119.8M
Net income$69.7M
Free cash flow$79.3M
EPS—
Operating cash flow$80.7M
Financials
Income statement
Revenue$631.3M
Gross profit$455.6M
Operating income$119.8M
Net income$69.7M
Margins
Gross margin72.2%
Operating margin19.0%
Net margin11.0%
FCF margin12.6%
Balance sheet
Total assets$2.68B
Total liabilities$3.82B
Total equity-$1.14B
Cash & equivalents$1.21B
Long-term debt—
Cash flow
Operating cash flow$80.7M
CapEx$1.5M
Free cash flow$79.3M
SBC$53.0M
P&L flow · revenue → net income
Highlights
- ▍Revenue $631.3M
- ▍Operating income $119.8M
- ▍Net margin 11.0%
QUARTERLYFiled 2025-09-30
Q2 2025 · Quarter highlights
Revenue $2.00B; Operating income $136.8M.
Revenue$2.00B
Operating income$136.8M
Net income$52.2M
Free cash flow$362.2M
EPS—
Operating cash flow$376.3M
Financials
Income statement
Revenue$2.00B
Gross profit$1.42B
Operating income$136.8M
Net income$52.2M
Margins
Gross margin71.0%
Operating margin6.8%
Net margin2.6%
FCF margin18.1%
Balance sheet
Total assets$2.65B
Total liabilities$3.77B
Total equity-$1.11B
Cash & equivalents$1.25B
Long-term debt—
Cash flow
Operating cash flow$376.3M
CapEx$14.1M
Free cash flow$362.2M
SBC$181.4M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.00B
- ▍Operating income $136.8M
- ▍Net margin 2.6%
QUARTERLYFiled 2025-06-30
Q1 2025 · Quarter highlights
Revenue $1.32B; Operating income $54.1M.
Revenue$1.32B
Operating income$54.1M
Net income-$23.3M
Free cash flow$147.2M
EPS—
Operating cash flow$157.3M
Financials
Income statement
Revenue$1.32B
Gross profit$938.2M
Operating income$54.1M
Net income-$23.3M
Margins
Gross margin70.9%
Operating margin4.1%
Net margin-1.8%
FCF margin11.1%
Balance sheet
Total assets$2.56B
Total liabilities$3.68B
Total equity-$1.12B
Cash & equivalents$1.18B
Long-term debt—
Cash flow
Operating cash flow$157.3M
CapEx$10.1M
Free cash flow$147.2M
SBC$120.6M
P&L flow · revenue → net income
Highlights
- ▍Revenue $1.32B
- ▍Operating income $54.1M
- ▍Net margin -1.8%
ANNUALFiled 2025-12-31
FY 2025 · Full-year highlights
Revenue $2.88B; Operating income $266.2M.
Revenue$2.88B
Operating income$266.2M
Net income$163.0M
Free cash flow$678.0M
EPS—
Operating cash flow$693.4M
Financials
Income statement
Revenue$2.88B
Gross profit$2.07B
Operating income$266.2M
Net income$163.0M
Margins
Gross margin71.6%
Operating margin9.2%
Net margin5.7%
FCF margin23.5%
Balance sheet
Total assets$2.83B
Total liabilities$3.93B
Total equity-$1.10B
Cash & equivalents$1.40B
Long-term debt—
Cash flow
Operating cash flow$693.4M
CapEx$15.4M
Free cash flow$678.0M
SBC$244.7M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.88B
- ▍Operating income $266.2M
- ▍Net margin 5.7%
ANNUALFiled 2024-12-31
FY 2024 · Full-year highlights
Revenue $2.81B; Operating income $380.2M.
Revenue$2.81B
Operating income$380.2M
Net income$303.3M
Free cash flow$738.3M
EPS—
Operating cash flow$752.5M
Financials
Income statement
Revenue$2.81B
Gross profit$2.03B
Operating income$380.2M
Net income$303.3M
Margins
Gross margin72.4%
Operating margin13.5%
Net margin10.8%
FCF margin26.3%
Balance sheet
Total assets$2.42B
Total liabilities$3.18B
Total equity-$758.9M
Cash & equivalents$811.2M
Long-term debt—
Cash flow
Operating cash flow$752.5M
CapEx$14.2M
Free cash flow$738.3M
SBC$282.8M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.81B
- ▍Operating income $380.2M
- ▍Net margin 10.8%
ANNUALFiled 2024-12-31
FY 2025 · Full-year highlights
Revenue $2.81B; Operating income $380.2M.
Revenue$2.81B
Operating income$380.2M
Net income$303.3M
Free cash flow$738.3M
EPS—
Operating cash flow$752.5M
Financials
Income statement
Revenue$2.81B
Gross profit$2.03B
Operating income$380.2M
Net income$303.3M
Margins
Gross margin72.4%
Operating margin13.5%
Net margin10.8%
FCF margin26.3%
Balance sheet
Total assets$2.42B
Total liabilities$3.18B
Total equity-$758.9M
Cash & equivalents$811.2M
Long-term debt—
Cash flow
Operating cash flow$752.5M
CapEx$14.2M
Free cash flow$738.3M
SBC$282.8M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.81B
- ▍Operating income $380.2M
- ▍Net margin 10.8%
ANNUALFiled 2023-12-31
FY 2023 · Full-year highlights
Revenue $2.75B; Operating income $279.8M.
Revenue$2.75B
Operating income$279.8M
Net income$307.6M
Free cash flow$692.6M
EPS—
Operating cash flow$705.5M
Financials
Income statement
Revenue$2.75B
Gross profit$1.92B
Operating income$279.8M
Net income$307.6M
Margins
Gross margin69.8%
Operating margin10.2%
Net margin11.2%
FCF margin25.2%
Balance sheet
Total assets$2.69B
Total liabilities$3.23B
Total equity-$543.7M
Cash & equivalents$914.3M
Long-term debt—
Cash flow
Operating cash flow$705.5M
CapEx$12.9M
Free cash flow$692.6M
SBC$284.6M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.75B
- ▍Operating income $279.8M
- ▍Net margin 11.2%
ANNUALFiled 2023-12-31
FY 2024 · Full-year highlights
Revenue $2.75B; Operating income $279.8M.
Revenue$2.75B
Operating income$279.8M
Net income$307.6M
Free cash flow$692.6M
EPS—
Operating cash flow$705.5M
Financials
Income statement
Revenue$2.75B
Gross profit$1.92B
Operating income$279.8M
Net income$307.6M
Margins
Gross margin69.8%
Operating margin10.2%
Net margin11.2%
FCF margin25.2%
Balance sheet
Total assets$2.69B
Total liabilities$3.23B
Total equity-$543.7M
Cash & equivalents$914.3M
Long-term debt—
Cash flow
Operating cash flow$705.5M
CapEx$12.9M
Free cash flow$692.6M
SBC$284.6M
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.75B
- ▍Operating income $279.8M
- ▍Net margin 11.2%
Valuation FY
Market price
$86,00
Market cap
$9.41B
Enterprise valueⓘ
$8.84B
P/Eⓘ
57.7x
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
3.1x
EV / Op incomeⓘ
33.2x
EV / OCFⓘ
12.8x
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
-$1.19B
Net cashⓘ
$565.1M
Current ratioⓘ
1.7
Debt / equityⓘ
-0.6
ROAⓘ
6.1%
ROEⓘ
-14.3%
Cash conversionⓘ
425.0%
CapEx / revenueⓘ
0.5%
SBC / revenueⓘ
8.5%
Dilution ratioⓘ
27.6%
Revenue by segment
Handmade & Creative Goods87,8 %
low · business_description · 2026-07-03
Fashion Resale9,0 %
low · business_description · 2026-07-03
Business relationships
Business relationships3 disclosed relationships · 1 type · extracted from filings & disclosures
Subsidiaries3
EX21:42320b8e9984EX21:42320b8e9984Subsidiarie97%
EX21:a435fce35112EX21:a435fce35112Subsidiarie97%
EX21:c654ab8e57bbEX21:c654ab8e57bbSubsidiarie97%
Supply chain
— missing data
Peer comparison
Peer comparison7 peers · vs ETSY · multiples and returns
AM
AMZN—
Amazon.Com Inc
$278,55
3,03T USDP/E
35,1x
-22,6 vs self
Div yield
—
— vs self
ROE
17,6 %
+31,9 vs self
JD
JD—
JD.com, Inc.
$32,92
98,0B USDP/E
6,0x
-51,8 vs self
Div yield
—
— vs self
ROE
6,2 %
+20,5 vs self
CP
CPNG—
Coupang Inc
$17,00
30,7B USDP/E
7 227,2x
+7 169,4 vs self
Div yield
—
— vs self
ROE
0,1 %
+14,5 vs self
M
M—
Macy'S Inc
$26,25
6,9B USDP/E
10,4x
-47,3 vs self
Div yield
3,1 %
— vs self
ROE
13,2 %
+27,5 vs self
W
W—
WAYFAIR, INC.
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
DD
DDS—
DDS
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
MN
MNSO—
Miniso Group Holding Ltd
$13,53
16,7B USDP/E
7,6x
-50,1 vs self
Div yield
—
— vs self
ROE
—
— vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 41 %
EPS
Consensus EPS
3,34
Predicted surprise
-0,01
Beat probability
41 %
Analysts
32
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-06 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 3,46 |
| Revenue | —no estimate | —no estimate | 2,8B USD |
| Operating income | —no estimate | —no estimate | 510,7M USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution31 analysts
Strong buy3
Buy7
Hold20
Sell1
Strong sell0
12-month price target$77,98 · Median $75,50
Low $60,00High $125,00
Operating income · consensus510,7M USD
EPS surprise
−59,8 %
reported vs consensus · miss
Revenue surprise
+3,3 %
reported vs consensus · beat
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$60,00
Mean$77,98
Median$75,50
High$125,00
Spot$86,00
−9.3 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskHigh
Liquidity riskLow
Filing-based flags
- Diluted share count is materially above the basic share count.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Op Margin9,2 %Above median
Net Margin5,7 %Above median
ROE-14,3 %Bottom quartile
Capex / Rev0,5 %Above P75
D/E-0,57Best in class
Cash Conv4,25Above P75
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net disposed 852 463 sh43 exercises · 9 grants16 insiders
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 22 881 @ $10,62exercise · 2026-07-15
- Director · Director stock option (right to buy) → Common StockDisposed 3 855 @ $61,25exercise · 2026-07-15
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 39 161 @ $10,62exercise · 2026-07-10
- Chief Marketing Officer · Restricted Stock Units → Common StockDisposed 4 441exercise · 2026-07-01
- Director, Chief Executive Officer · Restricted Stock Units → Common StockDisposed 9 104exercise · 2026-07-01
- Director, Chief Executive Officer · Restricted Stock Units → Common StockDisposed 9 518exercise · 2026-07-01
- Chief Product & Tech Officer · Restricted Stock Units → Common StockDisposed 752exercise · 2026-07-01
- Chief Product & Tech Officer · Restricted Stock Units → Common StockDisposed 1 067exercise · 2026-07-01
- Chief Product & Tech Officer · Restricted Stock Units → Common StockDisposed 7 218exercise · 2026-07-01
- CHIEF ACCOUNTING OFFICER · Restricted Stock Units → Common StockDisposed 730exercise · 2026-07-01
- CHIEF ACCOUNTING OFFICER · Restricted Stock Units → Common StockDisposed 650exercise · 2026-07-01
- CHIEF ACCOUNTING OFFICER · Restricted Stock Units → Common StockDisposed 634exercise · 2026-07-01
- Director, Chief Executive Officer · Restricted Stock Units → Common StockDisposed 3 007exercise · 2026-07-01
- Director, Executive Chair of the Board · Restricted Stock Units → Common StockDisposed 13 260exercise · 2026-07-01
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 92 404 @ $10,62exercise · 2026-07-01
- Chief Financial Officer · Restricted Stock Units → Common StockDisposed 7 218exercise · 2026-07-01
- CHIEF LEGAL OFFICER · Restricted Stock Units → Common StockDisposed 4 210exercise · 2026-07-01
- CHIEF LEGAL OFFICER · Restricted Stock Units → Common StockDisposed 5 975exercise · 2026-07-01
- CHIEF LEGAL OFFICER · Restricted Stock Units → Common StockDisposed 6 662exercise · 2026-07-01
- Chief Marketing Officer · Restricted Stock Units → Common StockDisposed 859exercise · 2026-07-01
- Chief Marketing Officer · Restricted Stock Units → Common StockDisposed 3 983exercise · 2026-07-01
- Director, Executive Chair of the Board · Restricted Stock Units → Common StockDisposed 7 302exercise · 2026-07-01
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 97 389 @ $10,62exercise · 2026-06-24
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 52 479 @ $10,62exercise · 2026-06-16
- Director, Executive Chair of the Board · Employee Stock Option (Right to Buy) → Common StockDisposed 50 000 @ $10,62exercise · 2026-06-15
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
How metrics are computed
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Market Capmarket_price * shares_outstanding_diluted
Source documents
- ETSY INC company facts · 2026-08-01
- ETSY INC 10-Q 2026-04-29 · 2026-08-01
- ETSY INC 10-K 2026-02-19 · 2026-08-01
- ETSY INC 10-Q 2025-10-29 · 2026-08-01
- ETSY INC 10-Q 2025-07-30 · 2026-08-01
- 8-K (sec_8k_material) on ETSY · 2026-08-01
- ETSY Inc Market data — analyst estimates · 2026-08-01
- ETSY Inc Market data — ESG · 2026-08-01
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,09 %$164M
- Investment Managers · as of 2026-03-310,06 %$129M
- Investment Managers · as of 2026-03-310,02 %$79M
- Investment Managers · as of 2026-03-310,01 %$24M
- Investment Managers · as of 2026-03-310,01 %$56M
- Investment Managers · as of 2025-12-310,01 %$580M
- Institutional Investor · as of 2022-09-300,01 %$0M
- Investment Managers · as of 2026-03-310,01 %$10M
- Institutional Investor · as of 2026-03-310,01 %$14M
- Institutional Investor · as of 2026-03-310,01 %$30M
- Investment Managers · as of 2026-03-310,01 %$88M
- Investment Managers · as of 2024-12-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$36M
- Institutional Investor · as of 2026-03-310,00 %$13M
- Institutional Investor · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2026-03-310,00 %$4M
- Funds · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$19M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2024-06-300,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Josh SilvermanPresident, Chief Executive Officer, Director
Insider activity
Net selling0 buys · 36 sellsnet -$58,4M16 insiders · last 365d
- Director · Common StockOther 3 855 @ $61,25$236K · 2026-07-15
- Director, Executive Chair of the Board · Common StockSold 22 881 @ $84,00$1,9M · 2026-07-15
- Director, Executive Chair of the Board · Common StockOther 22 881 @ $10,62$243K · 2026-07-15
- Director · Common StockSold 3 855 @ $85,00$328K · 2026-07-15
- Director, Executive Chair of the Board · Common StockSold 39 161 @ $79,00$3,1M · 2026-07-10
- Director, Executive Chair of the Board · Common StockOther 39 161 @ $10,62$416K · 2026-07-10
- CHIEF ACCOUNTING OFFICER · Common StockSold 315 @ $75,81$24K · 2026-07-06
- CHIEF ACCOUNTING OFFICER · Common StockSold 2 @ $77,14$154 · 2026-07-06
- CHIEF ACCOUNTING OFFICER · Common StockSold 564 @ $75,09$42K · 2026-07-06
- Director, Executive Chair of the Board · Common StockOther 20 562 · 2026-07-01
- CHIEF ACCOUNTING OFFICER · Common StockOther 728 @ $72,83$53K · 2026-07-01
- CHIEF ACCOUNTING OFFICER · Common StockOther 2 014 · 2026-07-01
- Chief Product & Tech Officer · Common StockOther 4 932 @ $72,83$359K · 2026-07-01
- Chief Product & Tech Officer · Common StockOther 9 037 · 2026-07-01
- Director, Chief Executive Officer · Common StockOther 11 801 @ $72,83$859K · 2026-07-01
- Director, Chief Executive Officer · Common StockOther 21 629 · 2026-07-01
- Chief Marketing Officer · Common StockOther 4 741 @ $72,83$345K · 2026-07-01
- Chief Marketing Officer · Common StockOther 9 283 · 2026-07-01
- CHIEF LEGAL OFFICER · Common StockOther 10 404 @ $72,83$758K · 2026-07-01
- CHIEF LEGAL OFFICER · Common StockOther 16 847 · 2026-07-01
- Director · Common StockSold 2 567 @ $76,05$195K · 2026-07-01
- Director · Common StockSold 4 901 @ $75,42$370K · 2026-07-01
- Director · Common StockSold 5 208 @ $74,16$386K · 2026-07-01
- Director · Common StockSold 7 324 @ $73,29$537K · 2026-07-01
- Chief Financial Officer · Common StockOther 3 992 @ $72,83$291K · 2026-07-01
Short positioning
14.0Mshares short+1.1% vs prior
5.17days to cover
28.7%short of daily vol
51.4Kfails-to-deliver
as of 2026-07-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
ETSYCanonical
NYSE · USD
Intel & risk
What changed
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
- Company share pct— → —medium
vs prior analysis 15 days ago
peak dispatch · 2026-08-01
OSINT findings
Dilution riskHigh
Liquidity riskLow
Diluted share count is materially above the basic share count.
Source documents mention dilution or offering risk.
Relationship graph
This companySectorSubsidiaries
Evidence & claims
From filings & derived data- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -40.9%Derived (calculated)
- Net margin (FY 2025-12-31): 5.7%Derived (calculated)
- Gross margin (FY 2025-12-31): 71.6%Derived (calculated)
- Return on equity (FY 2025-12-31): -14.8%Derived (calculated)
- Return on assets (FY 2025-12-31): 5.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.44xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): -3.57xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 8.3%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 67.1%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 5.6%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -39.8%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 1.6%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 2.0%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -46.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -7.8%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -30.0%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 1.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 2.7%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -44.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 16.9%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 23.6%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES 1SEC XBRL filing
- Operating cash flow (annual): USD 693.41MSEC XBRL filing
- Cash & equivalents (annual): USD 1.36BSEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
2026-07-31 04:36 UTCFILINGMaterial 8-K
2026-07-17 04:26 UTCFILINGMaterial 8-K
2026-07-15INSIDERSilverman Josh transacted 22.9k sh — Director, Executive Chair of the Board ~$243k
2026-07-15INSIDERREIFF MELISSA transacted 3.9k sh — Director ~$236k
2026-07-15INSIDERREIFF MELISSA sold 3.9k sh — Director ~$328k
2026-07-15INSIDERSilverman Josh sold 22.9k sh — Director, Executive Chair of the Board ~$1.92M
2026-07-15INSIDERSilverman Josh disposed of 22.9k sh Employee Stock Option (Right to Buy) — Director, Executive Chair of the Board
2026-07-15INSIDERREIFF MELISSA disposed of 3.9k sh Director stock option (right to buy) — Director
2026-07-10INSIDERSilverman Josh transacted 39.2k sh — Director, Executive Chair of the Board ~$416k
2026-07-10INSIDERSilverman Josh sold 39.2k sh — Director, Executive Chair of the Board ~$3.09M
2026-07-10INSIDERSilverman Josh disposed of 39.2k sh Employee Stock Option (Right to Buy) — Director, Executive Chair of the Board
2026-07-06INSIDERBuckley Merilee sold 315 sh — CHIEF ACCOUNTING OFFICER ~$24k
2026-07-06INSIDERBuckley Merilee sold 2 sh — CHIEF ACCOUNTING OFFICER ~$0k
2026-07-06INSIDERBuckley Merilee sold 564 sh — CHIEF ACCOUNTING OFFICER ~$42k
2026-07-01INSIDERBuckley Merilee transacted 728 sh — CHIEF ACCOUNTING OFFICER ~$53k
2026-07-01INSIDERStretch Colin transacted 16.8k sh — CHIEF LEGAL OFFICER
2026-07-01INSIDERWILSON FREDERICK R sold 2.6k sh — Director ~$195k
2026-07-01INSIDERWILSON FREDERICK R sold 7.3k sh — Director ~$537k
2026-07-01INSIDERBaker Charles transacted 4.0k sh — Chief Financial Officer ~$291k
2026-07-01INSIDERBaker Charles transacted 7.2k sh — Chief Financial Officer
2026-07-01INSIDERSilverman Josh sold 24.2k sh — Director, Executive Chair of the Board ~$1.84M
2026-07-01INSIDERSilverman Josh sold 29.3k sh — Director, Executive Chair of the Board ~$2.20M
2026-07-01INSIDERSilverman Josh sold 38.9k sh — Director, Executive Chair of the Board ~$2.88M
2026-07-01INSIDERSilverman Josh transacted 92.4k sh — Director, Executive Chair of the Board ~$981k
2026-07-01INSIDERSilverman Josh transacted 20.6k sh — Director, Executive Chair of the Board
2026-07-01INSIDERSilverman Josh transacted 11.4k sh — Director, Executive Chair of the Board ~$828k
2026-07-01INSIDERBuckley Merilee transacted 2.0k sh — CHIEF ACCOUNTING OFFICER
2026-07-01INSIDERColburn Richard Edward III transacted 4.9k sh — Chief Product & Tech Officer ~$359k
2026-07-01INSIDERMinor Bradley transacted 9.3k sh — Chief Marketing Officer
2026-07-01INSIDERMinor Bradley transacted 4.7k sh — Chief Marketing Officer ~$345k
2026-07-01INSIDERSilverman Josh disposed of 7.3k sh Restricted Stock Units — Director, Executive Chair of the Board
2026-07-01INSIDERStretch Colin disposed of 4.2k sh Restricted Stock Units — CHIEF LEGAL OFFICER
2026-07-01INSIDERStretch Colin disposed of 6.0k sh Restricted Stock Units — CHIEF LEGAL OFFICER
2026-07-01INSIDERStretch Colin disposed of 6.7k sh Restricted Stock Units — CHIEF LEGAL OFFICER
2026-07-01INSIDERMinor Bradley disposed of 859 sh Restricted Stock Units — Chief Marketing Officer
2026-07-01INSIDERMinor Bradley disposed of 4.0k sh Restricted Stock Units — Chief Marketing Officer
2026-07-01INSIDERMinor Bradley disposed of 4.4k sh Restricted Stock Units — Chief Marketing Officer
2026-07-01INSIDERPATEL GOYAL KRUTI disposed of 3.0k sh Restricted Stock Units — Director, Chief Executive Officer
Showing the 40 most recent of 84 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-05
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data
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