Etsy Historical Income Statement

ETSY Stock

USD 59.24 0.73 1.22%

Historical analysis of Etsy income statement accounts such as Selling General Administrative of 360.4 M or Selling And Marketing Expenses of 797.2 M can show how well Etsy Inc performed in making a profits. Evaluating Etsy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Etsy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Etsy Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Etsy Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About Etsy Income Statement Analysis

Etsy Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Etsy shareholders. The income statement also shows Etsy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Etsy Income Statement Chart

Etsy Inc Income Statement is one of the three primary financial statements used for reporting Etsy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Etsy Inc revenue and expense. Etsy Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Etsy's Net Income is fairly stable compared to the past year. Net Income From Continuing Ops is likely to rise to about 322.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 45.9 M in 2024.

Selling General Administrative Selling And Marketing Expenses Gross Profit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Etsy Inc minus its cost of goods sold. It is profit before Etsy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Etsy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Etsy Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Interest Expense	9.9M	14.2M	14.0M	13.6M
Depreciation And Amortization	74.3M	96.7M	91.3M	45.9M

Interest Expense Depreciation And Amortization

Etsy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Tax Provision	Interest Income	Non Recurring	Non Operating Income Net Other	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.53	0.89	0.9	0.9	0.9	0.92	0.04	0.83	0.85	0.85	0.9	0.91	0.05	-0.59	0.04	0.01	0.06	-0.29	-0.08	0.81	0.64	0.21	0.97	-0.76
Interest Expense	0.53		0.38	0.49	0.47	0.48	0.41	0.34	0.35	0.37	0.36	0.46	0.38	0.3	-0.13	0.29	-0.09	0.3	-0.37	-0.34	0.73	0.42	-0.41	0.41	-0.75
Selling General Administrative	0.89	0.38		0.98	0.99	0.98	0.97	0.17	0.7	0.98	0.72	0.99	0.94	0.19	-0.46	0.19	-0.09	0.21	-0.37	0.17	0.82	0.66	0.52	0.93	-0.73
Selling And Marketing Expenses	0.9	0.49	0.98		1.0	1.0	0.97	0.23	0.73	0.97	0.75	1.0	0.94	0.24	-0.46	0.23	-0.05	0.25	-0.33	0.14	0.86	0.6	0.4	0.94	-0.78
Total Revenue	0.9	0.47	0.99	1.0		1.0	0.97	0.22	0.73	0.98	0.75	1.0	0.94	0.23	-0.46	0.23	-0.06	0.24	-0.33	0.15	0.86	0.61	0.42	0.95	-0.77
Gross Profit	0.9	0.48	0.98	1.0	1.0		0.97	0.22	0.73	0.97	0.75	1.0	0.94	0.23	-0.47	0.23	-0.05	0.24	-0.32	0.14	0.86	0.6	0.4	0.95	-0.77
Other Operating Expenses	0.92	0.41	0.97	0.97	0.97	0.97		-0.03	0.85	0.97	0.87	0.97	0.99	-0.02	-0.66	-0.02	0.05	-0.01	-0.23	0.12	0.81	0.6	0.42	0.96	-0.73
Operating Income	0.04	0.34	0.17	0.23	0.22	0.22	-0.03		-0.4	0.12	-0.37	0.21	-0.13	1.0	0.73	0.99	-0.42	0.99	-0.44	0.06	0.3	0.1	-0.01	0.03	-0.26
Ebit	0.83	0.35	0.7	0.73	0.73	0.73	0.85	-0.4		0.69	1.0	0.71	0.89	-0.41	-0.91	-0.41	0.31	-0.4	0.07	-0.15	0.59	0.39	0.06	0.84	-0.56
Research Development	0.85	0.37	0.98	0.97	0.98	0.97	0.97	0.12	0.69		0.71	0.98	0.94	0.14	-0.49	0.14	-0.07	0.15	-0.32	0.29	0.82	0.61	0.58	0.92	-0.72
Ebitda	0.85	0.36	0.72	0.75	0.75	0.75	0.87	-0.37	1.0	0.71		0.73	0.91	-0.38	-0.9	-0.38	0.29	-0.38	0.05	-0.15	0.61	0.42	0.08	0.86	-0.58
Cost Of Revenue	0.9	0.46	0.99	1.0	1.0	1.0	0.97	0.21	0.71	0.98	0.73		0.94	0.22	-0.46	0.22	-0.07	0.23	-0.35	0.18	0.86	0.63	0.46	0.94	-0.77
Total Operating Expenses	0.91	0.38	0.94	0.94	0.94	0.94	0.99	-0.13	0.89	0.94	0.91	0.94		-0.12	-0.74	-0.12	0.1	-0.11	-0.17	0.1	0.77	0.58	0.4	0.95	-0.7
Income Before Tax	0.05	0.3	0.19	0.24	0.23	0.23	-0.02	1.0	-0.41	0.14	-0.38	0.22	-0.12		0.73	1.0	-0.47	1.0	-0.48	0.09	0.29	0.14	0.04	0.04	-0.25
Total Other Income Expense Net	-0.59	-0.13	-0.46	-0.46	-0.46	-0.47	-0.66	0.73	-0.91	-0.49	-0.9	-0.46	-0.74	0.73		0.74	-0.45	0.73	-0.27	0.09	-0.33	-0.23	-0.08	-0.61	0.32
Net Income	0.04	0.29	0.19	0.23	0.23	0.23	-0.02	0.99	-0.41	0.14	-0.38	0.22	-0.12	1.0	0.74		-0.53	1.0	-0.53	0.08	0.3	0.18	0.05	0.03	-0.26
Income Tax Expense	0.01	-0.09	-0.09	-0.05	-0.06	-0.05	0.05	-0.42	0.31	-0.07	0.29	-0.07	0.1	-0.47	-0.45	-0.53		-0.53	0.89	0.04	-0.18	-0.61	-0.18	0.06	0.19
Net Income From Continuing Ops	0.06	0.3	0.21	0.25	0.24	0.24	-0.01	0.99	-0.4	0.15	-0.38	0.23	-0.11	1.0	0.73	1.0	-0.53		-0.54	0.07	0.31	0.2	0.05	0.04	-0.27
Tax Provision	-0.29	-0.37	-0.37	-0.33	-0.33	-0.32	-0.23	-0.44	0.07	-0.32	0.05	-0.35	-0.17	-0.48	-0.27	-0.53	0.89	-0.54		0.2	-0.45	-0.85	-0.16	-0.19	0.46
Interest Income	-0.08	-0.34	0.17	0.14	0.15	0.14	0.12	0.06	-0.15	0.29	-0.15	0.18	0.1	0.09	0.09	0.08	0.04	0.07	0.2		0.03	-0.26	0.71	0.11	0.07
Non Recurring	0.81	0.73	0.82	0.86	0.86	0.86	0.81	0.3	0.59	0.82	0.61	0.86	0.77	0.29	-0.33	0.3	-0.18	0.31	-0.45	0.03		0.62	0.18	0.8	-0.98
Non Operating Income Net Other	0.64	0.42	0.66	0.6	0.61	0.6	0.6	0.1	0.39	0.61	0.42	0.63	0.58	0.14	-0.23	0.18	-0.61	0.2	-0.85	-0.26	0.62		0.27	0.55	-0.6
Net Interest Income	0.21	-0.41	0.52	0.4	0.42	0.4	0.42	-0.01	0.06	0.58	0.08	0.46	0.4	0.04	-0.08	0.05	-0.18	0.05	-0.16	0.71	0.18	0.27		0.36	-0.07
Reconciled Depreciation	0.97	0.41	0.93	0.94	0.95	0.95	0.96	0.03	0.84	0.92	0.86	0.94	0.95	0.04	-0.61	0.03	0.06	0.04	-0.19	0.11	0.8	0.55	0.36		-0.72
Extraordinary Items	-0.76	-0.75	-0.73	-0.78	-0.77	-0.77	-0.73	-0.26	-0.56	-0.72	-0.58	-0.77	-0.7	-0.25	0.32	-0.26	0.19	-0.27	0.46	0.07	-0.98	-0.6	-0.07	-0.72

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Etsy Account Relationship Matchups

Etsy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	48.0M	58.2M	74.3M	96.7M	91.3M	45.9M
Interest Expense	24.3M	42.0M	9.9M	14.2M	14.0M	13.6M
Selling General Administrative	121.1M	156.0M	282.5M	312.3M	343.2M	360.4M
Selling And Marketing Expenses	215.6M	500.8M	654.8M	710.4M	759.2M	797.2M
Total Revenue	818.4M	1.7B	2.3B	2.6B	2.7B	2.9B
Gross Profit	547.3M	1.3B	1.7B	1.8B	1.9B	2.0B
Other Operating Expenses	729.6M	1.3B	1.9B	3.2B	2.4B	2.5B
Operating Income	88.8M	424.0M	465.7M	(658.6M)	279.8M	293.8M
Ebit	88.8M	424.0M	465.7M	1.4B	383.9M	265.5M
Research Development	121.9M	180.1M	271.5M	412.4M	469.3M	492.8M
Ebitda	136.8M	482.2M	540.0M	1.5B	475.3M	311.4M
Cost Of Revenue	271.0M	464.7M	654.5M	744.6M	828.7M	870.1M
Total Operating Expenses	458.6M	836.9M	1.2B	2.5B	1.6B	1.7B
Income Before Tax	80.6M	365.7M	471.7M	(662.0M)	292.8M	307.5M
Total Other Income Expense Net	(8.1M)	(58.3M)	5.9M	(1.0B)	(77.1M)	(80.9M)
Net Income	95.9M	349.2M	493.5M	(694.3M)	307.6M	322.9M
Income Tax Expense	(15.2M)	16.5M	(21.9M)	32.3M	(14.7M)	(14.0M)
Net Income From Continuing Ops	95.9M	349.2M	493.5M	(694.3M)	307.6M	322.9M
Net Income Applicable To Common Shares	95.9M	349.2M	493.5M	(694.3M)	(624.9M)	(593.6M)
Tax Provision	(15.2M)	16.5M	(21.9M)	32.3M	(14.7M)	(14.0M)
Interest Income	13.2M	7.1M	2.1M	11.0M	36.0M	37.8M
Non Operating Income Net Other	16.2M	(16.3M)	15.8M	10.8M	12.4M	13.0M
Net Interest Income	(11.1M)	(34.9M)	(7.7M)	(3.2M)	22.0M	23.1M
Reconciled Depreciation	48.0M	58.2M	74.3M	96.7M	91.3M	66.4M

Pair Trading with Etsy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Etsy Stock

0.64

WINA

Winmark

Pair Corr

Moving against Etsy Stock

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0.62	ARHS	Arhaus Inc	Pair Corr
0.6	EM	Smart Share Global	Pair Corr

The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.

The correlation of Etsy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:

How To Invest In Etsy

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Is Etsy Stock a good investment?

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What is Etsy's Net Worth?

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Largest Internet & Direct Marketing Retail Companies

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You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Etsy Stock analysis

When running Etsy's price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.

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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.10)

Earnings Share

2.19

Revenue Per Share

22.75

Quarterly Revenue Growth

0.008

Return On Assets

0.0914

The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etsy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Etsy Historical Income Statement

About Etsy Income Statement Analysis

Etsy Income Statement Chart

Gross Profit

Etsy income statement Correlations

Etsy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Etsy income statement Accounts

Pair Trading with Etsy

Moving together with Etsy Stock

Moving against Etsy Stock

Complementary Tools for Etsy Stock analysis

COMMON DESTINATIONS

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COMPANY

Total Revenue	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Selling And Marketing Expenses
Cost Of Revenue	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Gross Profit

Extraordinary Items	- 0.98	Non Recurring
Total Other Income Expense Net	- 0.91	Ebit
Total Other Income Expense Net	- 0.9	Ebitda
Non Operating Income Net Other	- 0.85	Tax Provision
Extraordinary Items	- 0.78	Selling And Marketing Expenses
Extraordinary Items	- 0.77	Cost Of Revenue