ETSY Q1 2023 Earnings — Etsy, Inc. Revenue & Financial Results | Market Cap Arena

ETSYEtsy, Inc.

$5B

Q1 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$641M+10.6% YoY

Gross Profit

$445M69.5% margin

Operating Income

$78M12.2% margin

Net Income

$75M11.6% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-20.6%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$47M

Stock-Based Comp.

$69M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$3.0B

Stockholders' Equity

-$540M

Cash & Equivalents

$787M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$641M	$579M	+10.6%
Gross Profit	$445M	$406M	+9.6%
Operating Income	$78M	$84M	-7.3%
Net Income	$75M	$86M	-13.4%

Revenue Segments

Marketplace Revenue

$468M73%

Services Revenue

$173M27%