v3.22.2.2
Revenue
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue
Note 2—Revenue
The following table summarizes revenue disaggregated by Marketplace revenue and optional Services revenue for the periods presented (in thousands):
Three Months Ended 
 September 30,		Nine Months Ended 
 September 30,
2022202120222021
Marketplace revenue$443,489 $395,503 $1,310,729 $1,204,608 
Services revenue150,980 136,926 448,141 407,367 
Revenue$594,469 $532,429 $1,758,870 $1,611,975 
Effective April 11, 2022, the Etsy marketplace increased the seller transaction fee, included in Marketplace revenue, from 5% to 6.5%.
Contract balances
Deferred revenues
The amount of revenue recognized in the nine months ended September 30, 2022 that was included in the deferred balance at January 1, 2022 was $12.3 million.