ETSY INC · Business Services, NEC

ETSY

Low riskNext report: In 0 days (est.)

View price ↗

The short version

A profitable company with steady sales.

Going well

Profitable
Brings in more cash than it spends

Money moves

Insiders sold $1.2M in the last 30 days, all through pre-planned sales
Institutions added 1.6% to their holdings in the quarter ending June 2026 (270 bought, 239 sold)
Held by George Soros (Soros Fund), Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$85.42-1.7% that day

Company value: $7.8B; Share price times all shares
Price vs profit (P/E): 47.7x; You pay about $48 for each $1 of yearly profit
Price vs sales: 2.7x; Company value is 2.7 times a year of sales
Cash vs value: 11%; Cash as a share of company value
Debt vs value: 30%; Debt as a share of company value

From ETSY's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$668.3M+6.2% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $2.9B, up 3.7% from the 12 months before. Over 5 years, sales grew about 11% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of ETSY. Starting points are the company's recent numbers.

Sales growth+4% a yearRecently: +3.7% a yearProfit margin7%Last 12 months: 7.3%P/E at the end40xToday: 47.7x. Many steady companies trade at 12x to 25xShare count change-1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$3.5B

Profit in 5 years$244M

Price these guesses point to$111.60+31% vs $85.42 todayAbout +5.5% a year, before dividends

What today's price needs: with a 7% margin and a 40x P/E, sales could shrink about 1.4% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/6Mixed

MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.7%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$678.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-2.1% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.71.6%

Revenue: $2.9B; +2.7% vs prior year
5-year growth: +10.8%/yr; revenue, per year
Total debt: $2.3B
Current ratio: 1.44x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Aug 5

Revenue: $668.3M; +6.2% YoY
EPS: -$0.36; vs $0.25
Op. margin: 18.7%; +3.7 pts
Gross margin: 72.4%; -0.8 pts
Free cash flow: $39.3M
Share count: -1.3%; vs a year ago

Insider rating

Last 90 days

45Mixed

Pre-planned sales of $1.2M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 3.8
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+1.6%

Institutions added 1.6% to their holdings. 270 bought, 239 sold.

Shares held by institutions110.0M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-9.3%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

Owes more than it owns

Shares outstandingLatest reported

92M

Earnings reports

Last 12

Next reportIn 0 days (est.)Estimated from the same quarter last year

Results filedAug 5
Results filedApr 29
Results filedFeb 19
Results filedFeb 18
Results filedOct 29, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 10 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$1.2M4 insiders, 7 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Josh SilvermanDirector	Sell	1K	$81.02	$92K	263K	Oct 15Filing ↗
-0.4% of their holdings $79.00 to $84.47 across 2 trades Traded Oct 13 to Oct 15 Pre-planned sale (10b5-1) Filed same day
Merilee BuckleyCHIEF ACCOUNTING OFFICER	Sell	5K	$90.00	$457K	0	Oct 15Filing ↗
Sold entire stake Pre-planned sale (10b5-1) Filed 4 days after
Melissa ReiffDirector	Sell	942	$90.00	$85K	17K	Oct 15Filing ↗
-5.3% of their holdings Pre-planned sale (10b5-1) Filed 4 days after
Josh SilvermanDirector	Sell	383	$74.00	$28K	262K	Oct 8Filing ↗
-0.1% of their holdings Pre-planned sale (10b5-1) Filed 1 day after
Richard Edward Iii ColburnChief Product & Tech Officer	Sell	4K	$71.31	$319K	7K	Oct 5Filing ↗
-40.7% of their holdings $71.26 to $71.99 across 2 trades Pre-planned sale (10b5-1) Filed 2 days after
Merilee BuckleyCHIEF ACCOUNTING OFFICER	Sell	1K	$71.35	$100K	0	Oct 5Filing ↗
Sold entire stake Pre-planned sale (10b5-1) Filed 2 days after
Josh SilvermanDirector	Sell	2K	$72.45	$151K	263K	Oct 1Filing ↗
-0.8% of their holdings $71.86 to $73.36 across 3 trades Pre-planned sale (10b5-1) Filed 4 days after