Is Etsy (ETSY) overvalued or fairly valued?

MarketChacha shows Etsy's valuation in context — a trailing P/E of about 81.3, a forward P/E of about 12.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Etsy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.78×) from reported figures — education, not a rating.

What is Etsy's revenue?

Etsy reported revenue of $2.9B for FY2025, with net profit of $163.0M, per official filings.

What is the share price of Etsy (ETSY)?

Etsy last traded at $80.54 (-1.4% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Etsy

ETSY · NYSE · Consumer Discretionary · United States

$80.54-1.4%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:32 PM

Snapshot

TickerETSY

ExchangeNYSE

SectorConsumer Discretionary

IndustryInternet Retail

CountryUnited States

Employees2,375

HeadquartersBrooklyn, United States

Market cap$7.7B

P/E (TTM)81.3

Volume1.25M

Websitewww.etsy.com

Filings tracked5

About Etsy

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments. The company operates Etsy marketplace that connects artisans with various consumers; and Depop, a fashion resale marketplace. It also provides marketplace activities, including transaction offsite advertising, payments processing, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels. The company was formerly known as Indieco, Inc changed its name to Etsy, Inc. in June 2006. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.4%
Institutions98.6%
Public & other0.0%

678 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.13.90%
Renaissance Technologies, LLC6.28%
Vanguard Portfolio Management LLC5.80%
Elliott Investment Management L.P.5.27%
Barclays Plc5.09%
Balyasny Asset Management LP4.80%
Vanguard Capital Management LLC4.41%
Goldman Sachs Group Inc4.39%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Margin has compressed by about 5.5 points over the period — profitability is trending down.

Cash conversion2.78×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend11.2% → 5.7%

Margin has compressed by about 5.5 points over the period — profitability is trending down.

Growth qualityrev 2% · PAT -27%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $645.2M · EPS 0.77

Est. earnings growth +27.0%

Next fiscal year

Rev $2.9B · EPS 4.06

Est. earnings growth +16.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$44.0052-wk range$87.14

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$7.7B

Day change

-1.4%

P/E (TTM)

81.3

Fwd P/E

12.5

Beta

1.84

Revenue (FY2025)

$2.9B

Net margin

5.7%

Revenue CAGR (2y)

+2.4%

Profit CAGR (2y)

-27.2%

EPS (FY2025)

1.39

Net profit (FY2025)

$163.0M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2025	$2.9B	$163.0M	1.39	5.7%
FY2024	$2.8B	$303.3M	2.35	10.8%
FY2023	$2.7B	$307.6M	2.24	11.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$631.3M	$69.7M	0.60	11.0%
2025Q3	$678.0M	$75.5M	0.63	11.1%
2025Q2	$672.7M	$28.8M	0.25	4.3%
2025Q1	$612.2M	$-52.1M	-0.49	-8.5%
2024Q3	$662.4M	$57.4M	0.45	8.7%
2024Q2	$647.8M	$53.0M	0.41	8.2%
2024Q1	$646.0M	$63.0M	0.48	9.8%
2023Q3	$636.3M	$87.8M	0.64	13.8%
2023Q2	$628.9M	$61.9M	0.45	9.8%
2023Q1	$640.9M	$74.5M	0.53	11.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Exhibits
SEC7/16/2026material
8-K — Shareholder vote results, Exhibits
SEC6/12/2026material
8-K — Material agreement, Exhibits
SEC5/28/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.