Etsy, Inc.
ETSYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,808
Cost of Revenue
775
Gross Profit
2,034
Gross Margin
72.4%
Operating Income
380
Operating Margin
13.5%
Net Income
303
Net Margin
10.8%
EPS (Basic)
$2.64
EPS (Diluted)
$2.35
EBITDA
533
EBITDA Margin
19.0%
2023
12/31/2023
Revenue
2,748
Cost of Revenue
829
Gross Profit
1,920
Gross Margin
69.8%
Operating Income
280
Operating Margin
10.2%
Net Income
308
Net Margin
11.2%
EPS (Basic)
$2.56
EPS (Diluted)
$2.24
EBITDA
398
EBITDA Margin
14.5%
2022
12/31/2022
Revenue
2,566
Cost of Revenue
745
Gross Profit
1,822
Gross Margin
71.0%
Operating Income
-659
Operating Margin
-25.7%
Net Income
-694
Net Margin
-27.1%
EPS (Basic)
$-5.48
EPS (Diluted)
$-5.48
EBITDA
-551
EBITDA Margin
-21.5%
2021
12/31/2021
Revenue
2,329
Cost of Revenue
655
Gross Profit
1,675
Gross Margin
71.9%
Operating Income
466
Operating Margin
20.0%
Net Income
494
Net Margin
21.2%
EPS (Basic)
$3.88
EPS (Diluted)
$3.40
EBITDA
556
EBITDA Margin
23.9%
2020
12/31/2020
Revenue
1,726
Cost of Revenue
465
Gross Profit
1,261
Gross Margin
73.1%
Operating Income
424
Operating Margin
24.6%
Net Income
349
Net Margin
20.2%
EPS (Basic)
$2.88
EPS (Diluted)
$2.69
EBITDA
466
EBITDA Margin
27.0%