Operating Income for Etsy (ETSY)
According to Etsy's latest reported financial statements, the company's current operating income (TTM) is $267.31M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ETSY
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TTM (last 4 quarters)
$267.31M
YoY change
-30.0%
5Y CAGR
-8.9%
Peak year (2021)
$465.73M
Cumulative operating income
$1.34B
Operating Income history chart for Etsy (ETSY) from 2012 to 2025
Operating Income history table for Etsy (ETSY) from 2012 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $266.21M | -30.0% | ||
| 2024 | $380.21M | +35.9% | ||
| 2023 | $279.84M | -142.5% | ||
| 2022 | -$658.56M | -241.4% | ||
| 2021 | $465.73M | +9.8% | ||
| 2020 | $424.01M | +377.7% | ||
| 2019 | $88.76M | +18.7% | ||
| 2018 | $74.79M | +528.7% | ||
| 2017 | $11.90M | -32.3% | ||
| 2016 | $17.58M | -1033.0% | ||
| 2015 | -$1.88M | -69.9% | ||
| 2014 | -$6.25M | -952.8% | ||
| 2013 | $733,000 | -154.1% | ||
| 2012 | -$1.35M | — |
Operating Income values are taken from Etsy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Etsy (ETSY) most recent annual operating income stands at $266.21M (2025) – declined 30.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Etsy operating income compounded at -8.9% per year, with a net decline across the window.
Between 2021 and 2025, Etsy operating income plunged 42.8%, falling from $465.73M to $266.21M.
2021 marks the peak operating income at $465.73M, with the historical low of -$658.56M recorded in 2022.
Within Consumer Cyclical, Etsy (ETSY) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
Etsy Operating Income by Year
Etsy Operating Income 2025: $266.21M
Etsy operating income in 2025 was $266.21M, declined 30.0% below 2024.
Etsy Operating Income 2024: $380.21M
Etsy operating income in 2024 was $380.21M, surged 35.9% from 2023.
Etsy Operating Income 2023: $279.84M
Etsy operating income in 2023 was $279.84M, plunged 142.5% below 2022.
Etsy Operating Income 2022: -$658.56M
Etsy operating income in 2022 was -$658.56M, plunged 241.4% below 2021. This figure represents the lowest annual value in the available history.
Etsy Operating Income 2021: $465.73M
Etsy operating income in 2021 was $465.73M.
See more financial history for Etsy (ETSY).
Sector peers — Operating Income
Companies in the same sector as Etsy, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Etsy's operating income?
- Latest reported operating income for Etsy (ETSY) is $267.31M (period ending December 31, 2025).
How has Etsy operating income changed year-over-year?
- Etsy (ETSY) operating income changed -30.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Etsy operating income?
- Etsy (ETSY) operating income compound annual growth rate is -8.9% over the most recent 5 years available.
When did Etsy operating income hit its highest annual value?
- Etsy operating income reached its highest annual value of $465.73M in 2021.
What was Etsy operating income in 2024?
- Etsy (ETSY) operating income in 2024 was $380.21M.
What was Etsy operating income in 2025?
- Etsy (ETSY) operating income in 2025 was $266.21M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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