Etsy Revenue 2012–2023 [updated Feb 2023]

etsy revenue
Helen Shpolanska
Helen Shpolanska
Helen is a ecommerce business owner with a passion for design. She runs multiple print on demand merch stores and shares her insights about selling online in her blog eCom Bits.

In 2022, Etsy’s revenue was $2.57 billion, which is over 10% year over year growth, compared to 2021.

Etsy revenue refers to the total amount of money earned by the company from various sources, including transaction fees, listing fees, and advertising fees. Transaction fees are charged to sellers when they make a sale on the platform, and the fee is calculated as a percentage of the sale price. Listing fees are charged to sellers for each item they list on the platform, regardless of whether the item sells or not. Advertising fees are charged to sellers who opt-in to Etsy’s advertising program, where Etsy promotes their items on various platforms and charges a fee for each sale that results from these ads.

In addition to these fees, Etsy also generates revenue through other sources such as Etsy Payments, which is a payment processing system that allows sellers to accept various payment methods, including credit cards, PayPal, and more. Etsy also offers various services and tools to sellers, such as shipping labels, promotional tools, and more, which may generate additional revenue.

Overall, Etsy revenue is the total amount of money earned by the company from all these sources, and it plays a crucial role in the company’s financial health and growth.

YearEtsy Revenue ($billion)Growth
2022$2.57 billion↑ 10.34%
2021$2.32 billion↑ 34.88%
2020$1.72 billion↑ 112.35%
2019$0.81 billion↑ 35.00%
2018$0.6 billion↑ 36.36%
2017$0.44 billion↑ 22.22%
2016$0.36 billion↑ 33.33%
2015$0.27 billion↑ 42.11%
2014$0.19 billion↑ 58.33%
2013$0.12 billion↑ 71.43%

Etsy’s revenue has been consistently increasing over the years, with particularly significant growth in 2020 due to the COVID-19 pandemic. In 2020, Etsy’s revenue increased by 112.35%, from $0.81 billion in 2019 to $1.72 billion. This growth was driven by increased online shopping and a shift towards buying handmade and vintage items during the pandemic.

In 2021, Etsy’s revenue continued to grow, increasing by 34.88% from the previous year to reach $2.32 billion. This growth was driven by ongoing pandemic-related trends, as well as strong performance in categories such as home decor and craft supplies.

Looking ahead, the revenue growth trend for Etsy appears to be positive. In 2022, the company is projected to reach $2.57 billion in revenue, an increase of 10.34% compared to the previous year. As more consumers continue to shop online and seek unique and handmade products, Etsy’s platform is well-positioned to continue to grow and expand its user base. However, it’s worth noting that the ongoing pandemic and related economic factors could impact Etsy’s revenue growth in the future.

Image source: Storyset

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