Etsy, Inc.

Halal Rating :
Comfortable
Last Price $46.9
Market Cap $4.9b
1D Change

1.25 %

1 Year Change

-28.12 %

Next Earnings Date

Yet to be announced

Company Overview

Etsy is a global online marketplace that connects millions of buyers and sellers. The platform focuses on handmade, vintage items, and craft supplies. The company provides a platform for independent creators, artisans, and small businesses to sell unique and creative goods directly to consumers worldwide.

Founded in 2005, Etsy has grown to become one of the largest e-commerce platforms specifically focused on unique and creative goods. The company generates revenue primarily through transaction fees, listing fees, and payment processing fees from sales made on its platform.

Revenue Sources

Pass

Based on Etsy's business model and revenue sources, the company primarily generates income from marketplace transaction fees, listing fees, and payment processing services. These revenue streams are halal as they represent legitimate service fees for facilitating commerce between buyers and sellers. The company does not derive significant revenue from prohibited products or services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $651.18m $673.5m - - 0.00% 0.00%
Dec. 31, 2024 $852.16m $697.03m - - 0.00% 0.00%
Sept. 30, 2024 $662.41m $575.59m - - 0.00% 0.00%
June 30, 2024 $647.81m $577.64m - - 0.00% 0.00%

Based on the financial data provided for the last four quarters, Etsy shows zero interest income and zero interest expense in its financial statements. This indicates that interest-based income or expense is not a material part of the company's operations.

Operational Ethics

Pass

After reviewing available information, there is no evidence of significant ongoing associations between Etsy and entities involved in human rights violations. The company does not maintain material operations or R&D centers in Israel, and there are no documented substantial ties to the Chinese Communist Party.

Rating Justification

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