ETSY Q2 2023 Earnings — Etsy, Inc. Revenue & Financial Results | Market Cap Arena

ETSYEtsy, Inc.

$5B

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$629M+7.5% YoY

Gross Profit

$440M70.0% margin

Operating Income

-$2M-0.4% margin

Net Income

$62M9.8% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$136M

Free Cash Flow

$128M

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$3.0B

Stockholders' Equity

-$464M

Cash & Equivalents

$842M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$629M	$585M	+7.5%
Gross Profit	$440M	$414M	+6.4%
Operating Income	-$2M	$73M	-103.3%
Net Income	$62M	$73M	-15.3%

Revenue Segments

Marketplace Revenue

$453M72%

Services Revenue

$176M28%