Etsy Income Statement 2025-2011 | ETSY

Brief overview of profit and loss at Etsy

The comparison covers a five-year financial horizon. The revenue attributed to Etsy moved from $1.7 billion to $2.9 billion between the two endpoints. The cumulative result was +67.1%, corresponding to roughly 10.8% per year. Top-line growth remained consistently strong over the period.

The five-year change in gross profit reached +63.8%: from $1.3 billion to $2.1 billion. Costs absorbed a larger share of revenue over the period. At the margin level, the figure shifted from 73.1% to 71.6%. Gross profitability remained broadly stable.

The operating result measured by EBITDA moved from 482 million dollars to 368 million dollars, or −23.7%. EBITDA underperformed the top-line trend. Comparing the endpoints gives EBITDA margins of 27.9% and 12.8%. The margin contraction indicates weaker operating efficiency.

Net profit was 349 million dollars at the start and 163 million dollars at the end. The business generated less net income by the end of the period.

Market value was $21.6 billion at the start and $4.9 billion at the end. Market expectations deteriorated over the period.

What the figures show

Signs of deterioration dominate the five-year picture. Key strengths include revenue expansion. Caution is warranted because of weaker operating efficiency, declining capitalization and lower net income. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.