2024 Q3 Form 10-Q Financial Statement

#000137063724000043 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $662.4M $647.8M
YoY Change 4.1% 3.01%
Cost Of Revenue $185.6M $184.1M
YoY Change -1.69% -2.41%
Gross Profit $476.8M $463.7M
YoY Change 6.55% 5.33%
Gross Profit Margin 71.98% 71.58%
Selling, General & Admin $282.7M $279.1M
YoY Change 15.39% 10.5%
% of Gross Profit 59.3% 60.18%
Research & Development $107.3M $114.5M
YoY Change -5.86% -6.14%
% of Gross Profit 22.5% 24.69%
Depreciation & Amortization $27.74M $27.09M
YoY Change 24.95% 18.05%
% of Gross Profit 5.82% 5.84%
Operating Expenses $390.0M $393.5M
YoY Change 8.65% 5.08%
Operating Profit $86.82M $70.17M
YoY Change -1.96% 6.77%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$13.01M $8.808M
YoY Change -254.64% 13.13%
Pretax Income $73.81M $78.98M
YoY Change -23.88% 1358.76%
Income Tax $16.44M $25.97M
% Of Pretax Income 22.28% 32.89%
Net Earnings $57.37M $53.01M
YoY Change -34.7% -14.39%
Net Earnings / Revenue 8.66% 8.18%
Basic Earnings Per Share $0.50 $0.46
Diluted Earnings Per Share $0.45 $0.41
COMMON SHARES
Basic Shares Outstanding 114.8M shares 116.9M shares
Diluted Shares Outstanding 130.7M shares 133.1M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.045B $999.9M
YoY Change 6.97% -7.14%
Cash & Equivalents $818.9M $759.2M
Short-Term Investments $226.0M $240.7M
Other Short-Term Assets $94.51M $109.3M
YoY Change -24.75% 17.24%
Inventory
Prepaid Expenses
Receivables $8.644M $10.32M
Other Receivables $172.6M $239.5M
Total Short-Term Assets $1.321B $1.359B
YoY Change -1.72% -3.87%
LONG-TERM ASSETS
Property, Plant & Equipment $242.9M $238.8M
YoY Change -1.18% -1.78%
Goodwill $138.6M $137.7M
YoY Change 0.84% -0.24%
Intangibles
YoY Change
Long-Term Investments $107.0M $93.53M
YoY Change 39.75% 26.42%
Other Assets $44.62M $45.57M
YoY Change -3.44% -79.8%
Total Long-Term Assets $1.122B $1.089B
YoY Change 1.46% -5.71%
TOTAL ASSETS
Total Short-Term Assets $1.321B $1.359B
Total Long-Term Assets $1.122B $1.089B
Total Assets $2.442B $2.448B
YoY Change -0.29% -4.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.59M $13.07M
YoY Change 38.44% -12.85%
Accrued Expenses $299.0M $256.8M
YoY Change 9.94% 10.85%
Deferred Revenue $17.10M $15.79M
YoY Change 14.1% 9.56%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.081M $6.037M
YoY Change 16.94% 29.16%
Total Short-Term Liabilities $553.0M $564.5M
YoY Change 0.75% 12.17%
LONG-TERM LIABILITIES
Long-Term Debt $2.382B $2.383B
YoY Change -0.08% -0.07%
Other Long-Term Liabilities $124.4M $127.3M
YoY Change 9.54% 9.32%
Total Long-Term Liabilities $124.4M $127.3M
YoY Change 9.54% -94.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $553.0M $564.5M
Total Long-Term Liabilities $124.4M $127.3M
Total Liabilities $3.067B $3.083B
YoY Change -0.17% 1.65%
SHAREHOLDERS EQUITY
Retained Earnings -$1.652B -$1.553B
YoY Change 22.64% 36.75%
Common Stock $113.0K $115.0K
YoY Change -5.83% -6.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$624.3M -$635.0M
YoY Change
Total Liabilities & Shareholders Equity $2.442B $2.448B
YoY Change -0.29% -4.7%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $57.37M $53.01M
YoY Change -34.7% -14.39%
Depreciation, Depletion And Amortization $27.74M $27.09M
YoY Change 24.95% 18.05%
Cash From Operating Activities $217.4M $151.1M
YoY Change -0.5% 10.85%
INVESTING ACTIVITIES
Capital Expenditures $13.03M $10.29M
YoY Change 20.68% 24.72%
Acquisitions
YoY Change
Other Investing Activities $4.018M $7.650M
YoY Change -1439.33% 368.46%
Cash From Investing Activities -$9.015M -$2.638M
YoY Change -20.22% -60.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -166.5M -175.2M
YoY Change -45.33% 125.56%
NET CHANGE
Cash From Operating Activities 217.4M 151.1M
Cash From Investing Activities -9.015M -2.638M
Cash From Financing Activities -166.5M -175.2M
Net Change In Cash 41.87M -26.83M
YoY Change -142.99% -151.63%
FREE CASH FLOW
Cash From Operating Activities $217.4M $151.1M
Capital Expenditures $13.03M $10.29M
Free Cash Flow $204.4M $140.8M
YoY Change -1.6% 9.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
119069000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
119069000 shares
us-gaap Net Income Loss
NetIncomeLoss
136452000 usd
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
115315000 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
115315000 shares
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
78213000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
483000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-39474000 usd
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
41194000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11225000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
61915000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-464175000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-547274000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
151778000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5755000 usd
etsy Settlement Of Capped Call Value
SettlementOfCappedCallValue
0 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-1000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-49102000 usd
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
189376000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
27593000 usd
us-gaap Net Income Loss
NetIncomeLoss
136452000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-464175000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
145964000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46118000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10258000 usd
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
67568000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
11556000 usd
etsy Increase Decrease In Operating Assets Current
IncreaseDecreaseInOperatingAssetsCurrent
-50189000 usd
etsy Increase Decrease In Operating Assets Noncurrent
IncreaseDecreaseInOperatingAssetsNoncurrent
1124000 usd
etsy Increase Decrease In Operating Liabilities Current
IncreaseDecreaseInOperatingLiabilitiesCurrent
-141633000 usd
etsy Increase Decrease In Operating Liabilities Noncurrent
IncreaseDecreaseInOperatingLiabilitiesNoncurrent
5846000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
220094000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5908000 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
14093000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
192863000 usd
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
185120000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27744000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
33007000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
308726000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2735000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3086000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3821000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-338263000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9199000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-155112000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
914323000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
35316000 usd
etsy Share Based Compensation Capitalized In Development Of Capitalized Software And Asset Additions In Exchange For Liabilities
ShareBasedCompensationCapitalizedInDevelopmentOfCapitalizedSoftwareAndAssetAdditionsInExchangeForLiabilities
9675000 usd
etsy Right Of Use Asset Obtained In Exchange For Lease Liability
RightOfUseAssetObtainedInExchangeForLeaseLiability
3089000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
914323000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
759211000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
841512000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
0 usd
CY2023Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
5341000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
759211000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
846853000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:15pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Certain items in the prior years’ condensed consolidated financial statements have been reclassified to conform to the current year presentation reflected in the condensed consolidated financial statements.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:15pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and judgments that affect the amounts reported and disclosed in the condensed consolidated financial statements and accompanying notes. Actual results could differ from these estimates and judgments. The accounting estimates that require management’s most subjective judgments include: income taxes, including the estimate of the annual effective tax rate at interim periods and evaluation of uncertain tax positions; valuation of goodwill; and leases. As of June 30, 2024, there continues to be significant global macroeconomic and geopolitical uncertainty which may impact the Company’s business, results of operations, and financial condition. As a result, many of the Company’s estimates and judgments require increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, the Company’s estimates may change materially in future periods.</span></div>
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
647806000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
628876000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1293760000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1269753000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
13800000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.269
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
3400000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
51700000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
55100000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
53100000 usd
CY2024Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
7800000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
53005000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
61915000 usd
us-gaap Net Income Loss
NetIncomeLoss
116009000 usd
us-gaap Net Income Loss
NetIncomeLoss
136452000 usd
CY2024Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1585000 usd
CY2023Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1595000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
3170000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
3190000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
54590000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
63510000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
119179000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
139642000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116432000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123463000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117445000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123971000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1972000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2834000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2104000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3326000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133118000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141011000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134263000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142011000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5020000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6363000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4960000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5275000 shares
CY2023Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
7900000 usd
CY2023Q2 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
60200000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
93528000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
86676000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
183934000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
382000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
33444000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
192000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
153750000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
264000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
20808000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
72000 usd
CY2024Q2 etsy Vendor Accrual Current
VendorAccrualCurrent
95543000 usd
CY2023Q4 etsy Vendor Accrual Current
VendorAccrualCurrent
120804000 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
84881000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
126284000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
52519000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
95842000 usd
CY2024Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
23876000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
10623000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
256819000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
353553000 usd
CY2023Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 usd
CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
724360000 usd
CY2024Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2222000 shares
CY2024Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
71.28
CY2024Q1 etsy Stock Repurchased And Retired During Period Value Including Broker Fees
StockRepurchasedAndRetiredDuringPeriodValueIncludingBrokerFees
158377000 usd
CY2024Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2355000 shares
CY2024Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
63.87
CY2024Q2 etsy Stock Repurchased And Retired During Period Value Including Broker Fees
StockRepurchasedAndRetiredDuringPeriodValueIncludingBrokerFees
150418000 usd
CY2024Q2 etsy Stock Repurchased And Retired During Period Value Including Broker Fees
StockRepurchasedAndRetiredDuringPeriodValueIncludingBrokerFees
150418000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4577000 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
67.47
etsy Stock Repurchased And Retired During Period Value Including Broker Fees
StockRepurchasedAndRetiredDuringPeriodValueIncludingBrokerFees
308795000 usd
CY2024Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
415565000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
74717000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
77281000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
145400000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
145964000 usd
CY2023Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Inception To Date Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDatePercent
0.11
CY2023Q4 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
225 position
CY2023Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.13
us-gaap Restructuring Charges
RestructuringCharges
27000000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
24340000 usd
us-gaap Restructuring Charges
RestructuringCharges
365000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
20397000 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
4308000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
etsy-20240630_cal.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
0001370637-24-000043-index-headers.html Edgar Link pending
0001370637-24-000043-index.html Edgar Link pending
0001370637-24-000043.txt Edgar Link pending
0001370637-24-000043-xbrl.zip Edgar Link pending
etsy-20240630.htm Edgar Link pending
etsy-20240630.xsd Edgar Link pending
etsy-20240630_g1.jpg Edgar Link pending
etsy-20240630_g2.jpg Edgar Link pending
ex102q22024.htm Edgar Link pending
ex311q22024.htm Edgar Link pending
ex312q22024.htm Edgar Link pending
ex321q22024.htm Edgar Link pending
ex322q22024.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
etsy-20240630_def.xml Edgar Link unprocessable
etsy-20240630_lab.xml Edgar Link unprocessable
etsy-20240630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
etsy-20240630_htm.xml Edgar Link completed