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Etsy, Inc. · ETSY

How Etsy makes money

Etsy brought in $2.9 billion in revenue in 2025 and kept $163 million as profit: $5.65 of every $100. Its biggest source of money was Marketplace fees, at $2.0 billion (70% of the total).

From Etsy's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.

Revenue$2.9 billion2025
Operating profit$266 million9.2% of revenue
Net profit$163 million$5.65 of every $100
Employees2,375$1.21 million revenue each

Out of every $100 Etsy took in, it kept

$5.65profit
$0$100 in sales

Where Etsy's money comes from. 2 lines in its 10‑K.

Marketplace feesTransaction, listing and payment fees$2.0B70% of total
Seller servicesAds, shipping labels, subscriptions$876M30% of total

6 years of Etsy's revenue and profit.

2020$349M2021$494M2022-$694M2023$308M2024$303M2025$163M
Revenue (on top of each bar)Net profit (under each year)

Fiscal years as Etsy reports them; the latest ended December 31, 2025. Profit is net income.

Quick answers about Etsy.

How does Etsy make money?

Etsy takes a cut of every sale on its marketplace and sells ads and services to sellers. The biggest line in its latest 10-K is Marketplace fees ($2.0 billion).

How much money does Etsy make a year?

$2.9 billion in revenue in 2025, and $163 million in net profit. That's up 3% from the year before.

Is Etsy profitable?

Yes. Etsy made $163 million in net profit in 2025, which is $5.65 of every $100 it took in. It lost money in 2022.

How many employees does Etsy have?

About 2,375 employees as of December 31, 2025. That works out to $1.21 million in revenue per employee.

Is Etsy growing?

Yes. Revenue went from $1.7 billion in 2020 to $2.9 billion in 2025, up 67%.

Compare Etsy.

Source: Etsy, Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 19, 2026.

Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.