Etsy IncETSY
What Etsy Inc does.
“Keep Commerce Human” reflects our belief that creativity and connection set us apart in an increasingly automated world. We see lasting value in businesses that balance people, planet, and profit, and we strive to align our growth strategy with this principle—using our platform to foster entrepreneurship and sustainable economic impact. You can read more about Etsy’s Impact strategy beginning on page 9 .
Etsy op erates two-sided online marketplaces that connect millions of creative entrepreneurs with buyers around the world.
The Etsy marketplace is the global destination for unique, creative goods from independent sellers, connecting artisans with thoughtful consumers seeking items that reflect their tastes and values. We also operate Depop Limited (“Depop”), a leading fashion resale marketplace acquired in 2021. Total consolidated Gross Merchandise Sales (“GMS”) in 2025 was $11,916.9 million. Of this, Etsy marketplace GMS was $10,460.7 million or 87.8% of the total and Depop generated $1,074.9 million (or 9.0% of the total) of GMS.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $2.3B | $2.6B | $2.7B | $2.8B | $2.9B |
| Net income | $349.2M | $493.5M | -$694.3M | $307.6M | $303.3M | $163.0M |
| Free cash flow | $677.5M | $640.3M | $673.4M | $692.6M | $738.3M | $678.0M |
More on ETSY.
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Figures from Etsy Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.