Etsy: annual revenue 2012-2021
Etsy's rise to the topEtsy launched in 2005 and went public in 2015 after a decade of operations, and is now one of the leading online marketplaces globally. In June 2021, the company had a market capitalization of 26.2 billion U.S. dollars. According to forecasts, Etsy's revenue is projected to grow at a 67 percent CAGR between 2019 and 2021, making it one of the fastest-growing online marketplaces worldwide.
The company generates revenue from three primary segments: marketplace revenues including fees for sales transactions and listings, seller service revenues, and other revenues including third-party payment processor fees. In recent years, Etsy’s marketplace has established itself as the most profitable segment, surpassing one billion dollars for the first time in 2020.