Below are the financial statements of ETSY, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 2,808.33a | 2,748.38a | 2,566.11a |
| Cost of revenue | -774.55a | -828.68a | -744.59a |
| Gross profit | 2,033.78a | 1,919.7a | 1,821.52a |
| Operating expenses | — | — | — |
| Marketing | -856.57a | -759.2a | -710.4a |
| Product development | -443.06a | -469.33a | -412.4a |
| General and administrative | -353.95a | -343.24a | -312.26a |
| Asset impairment charges | 0a | -68.09a | -1,045.02a |
| Total operating expenses | -1,653.57a | -1,639.86a | -2,480.08a |
| Income (loss) from operations | 380.21a | 279.84a | -658.56a |
| Other income (expense) | — | — | — |
| Interest expense | -13.81a | -14.04a | -14.17a |
| Interest and other income | 30.98a | 36a | 10.96a |
| Foreign exchange gain (loss) | 13.39a | -6.35a | -0.21a |
| Loss on sale of business | 0a | -2.63a | 0a |
| Total other income (expense) | 30.57a | 12.98a | -3.42a |
| Income (loss) before income taxes | 410.78a | 292.82a | -661.98a |
| (Provision) benefit for income taxes | -107.49a | -14.75a | -32.31a |
| Net income (loss) | 303.28a | 307.57a | -694.29a |
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