Stock Analysis on Net
Stock Analysis on Net

Etsy Inc. (NASDAQ:ETSY)

This company has been moved to the archive! The financial data has not been updated since November 3, 2022.

Common-Size Income Statement

Etsy Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of revenue -28.10 -26.93 -33.12 -31.60 -34.22
Gross profit 71.90% 73.07% 66.88% 68.40% 65.78%
Marketing -28.11 -29.02 -26.34 -26.17 -24.72
Product development -11.66 -10.44 -14.89 -16.11 -16.91
General and administrative -12.13 -9.04 -14.80 -13.73 -20.73
Asset impairment charges 0.00 0.00 0.00 0.00 -0.72
Operating expenses -51.90% -48.50% -56.04% -56.01% -63.08%
Income from operations 20.00% 24.57% 10.85% 12.39% 2.70%
Loss on extinguishment of debt 0.00 -0.98 0.00 0.00 0.00
Interest expense -0.42 -2.44 -2.97 -3.67 -2.52
Interest and other income 0.09 0.41 1.61 1.48 0.54
Foreign exchange gain (loss) 0.59 -0.38 0.37 -1.07 6.60
Other income (expense) 0.25% -3.38% -0.99% -3.26% 4.62%
Income before income taxes 20.25% 21.19% 9.85% 9.12% 7.31%
(Provision) benefit for income taxes 0.94 -0.95 1.86 3.71 11.23
Net income 21.19% 20.24% 11.72% 12.84% 18.54%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Etsy Inc. income from operations as a percentage of revenue increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Etsy Inc. income before income taxes as a percentage of revenue increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Etsy Inc. net income as a percentage of revenue increased from 2019 to 2020 and from 2020 to 2021.