Etsy Inc. Files 10-Q for Q1 2024

Ticker: ETSY · Form: 10-Q · Filed: 2024-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, filing

TL;DR

Etsy's Q1 2024 10-Q is in. Check financials.

AI Summary

Etsy Inc. filed its 10-Q for the period ending March 31, 2024. The filing details the company's financial performance and position. Key financial data points and disclosures relevant to investors are included in this report.

Why It Matters

This 10-Q filing provides investors with a detailed look at Etsy's financial health and operational performance during the first quarter of 2024, influencing investment decisions.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal risks related to market conditions, competition, or operational challenges.

Key Numbers

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 31, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 2, 2024.

What is Etsy Inc.'s principal business address?

Etsy Inc.'s principal business address is 117 Adams Street, Brooklyn, NY 11201.

What is the SEC file number for Etsy Inc.?

The SEC file number for Etsy Inc. is 001-36911.

What is the Standard Industrial Classification code for Etsy Inc.?

The Standard Industrial Classification code for Etsy Inc. is 7389 (Services-Business Services, NEC).

From the Filing

0001370637-24-000030.txt : 20240502 0001370637-24-000030.hdr.sgml : 20240502 20240501181900 ACCESSION NUMBER: 0001370637-24-000030 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 73 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240502 DATE AS OF CHANGE: 20240501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ETSY INC CENTRAL INDEX KEY: 0001370637 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 24904475 BUSINESS ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: (718) 880-3660 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 10-Q 1 etsy-20240331.htm 10-Q etsy-20240331 0001370637 12/31 2024 Q1 FALSE 0.0040518 0.0050007 0.0114040 430 421 419 416 0001370637 2024-01-01 2024-03-31 0001370637 2024-04-26 xbrli:shares 0001370637 2024-03-31 iso4217:USD 0001370637 2023-12-31 iso4217:USD xbrli:shares 0001370637 2023-01-01 2023-03-31 0001370637 us-gaap:CommonStockMember 2023-12-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001370637 us-gaap:RetainedEarningsMember 2023-12-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001370637 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001370637 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001370637 us-gaap:CommonStockMember 2024-03-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001370637 us-gaap:RetainedEarningsMember 2024-03-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001370637 us-gaap:CommonStockMember 2022-12-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001370637 us-gaap:RetainedEarningsMember 2022-12-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001370637 2022-12-31 0001370637 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001370637 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001370637 us-gaap:CommonStockMember 2023-03-31 0001370637 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001370637 us-gaap:RetainedEarningsMember 2023-03-31 0001370637 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001370637 2023-03-31 0001370637 etsy:MarketplaceRevenueMember 2024-01-01 2024-03-31 0001370637 etsy:MarketplaceRevenueMember 2023-01-01 2023-03-31 0001370637 etsy:ServicesRevenueMember 2024-01-01 2024-03-31 0001370637 etsy:ServicesRevenueMember 2023-01-01 2023-03-31 xbrli:pure 0001370637 us-gaap:ConvertibleDebtSecuritiesMember 2024-01-01 2024-03-31 0001370637 us-gaap:ConvertibleDebtSecuritiesMember 2023-01-01 2023-03-31 0001370637 us-gaap:ConvertibleDebtMember etsy:ConvertibleSeniorNotesDue2028Member 2021-06-30 0001370637 etsy:ConvertibleSeniorNotesDue2027Member us-gaap:ConvertibleDebtMember 2020-08-31 0001370637 us-gaap:ConvertibleDebtMember etsy:ConvertibleSeniorNotesDue2026Member 2019-09-30 0001370637 us-gaap:FairValueInputsLevel1Member us-gaap:MoneyMarketFundsMember 2024-03-31 0001370637 us-gaap:FairValueInputsLevel1Member us-gaap:USGovernmentDebtSecuritiesMember 2024-03-31 0001370637 us-gaap:FairValueInputsLevel1Member 2024-03-31 0001370637 us-gaap:AgencySecuritiesMember us-gaap:FairValueInputsLevel2Member 2024-03-31 0001370637 us-gaap:CertificatesOfDepositMember us-gaap:FairValueInputsLevel2Member 2024-03-31 0001370637 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel2Member 2024-03-31 0001370637 us-gaap:CorporateBondSecuritiesMember us-gaap:FairValueInputsLevel2Member 2024-03-31 0001370637 us-gaap:FairValueInputsL

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