ETSYEtsy, Inc.

$5B

Q3 2025 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$678M+2.4% YoY

Gross Profit

$483M71.3% margin

Operating Income

$83M12.2% margin

Net Income

$76M11.1% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$219M

Free Cash Flow

$205M

Stock-Based Comp.

$61M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$3.8B

Stockholders' Equity

-$1.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$678M	$662M	+2.4%
Gross Profit	$483M	$477M	+1.4%
Operating Income	$83M	$87M	-4.7%
Net Income	$76M	$57M	+31.6%

Revenue Segments

Marketplace Revenue

$468M69%

Services Revenue

$210M31%

Geographic Segments

UNITED STATES

$344M51%

Non-US

$267M39%

UNITED KINGDOM

$68M10%

ETSY Q3 2025 Earnings — Etsy, Inc. Revenue & Financial Results | Market Cap Arena