Etsy (ETSY) Cost of Revenue (2014 - 2026)

Etsy has reported Cost of Revenue for 13 years, with the latest figure at $175.7 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 2.22% year-over-year to $175.7 million; the trailing twelve-month figure through Mar 2026 stood at $791.3 million (up 4.36% YoY), and the FY2025 full-year result was $817.8 million, up 5.58% from the prior year.
• Cost of Revenue for Q1 2026 stood at $175.7 million, down from $208.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $261.1 million in Q4 2023, with the low at $147.2 million in Q3 2022.
• Historically, Cost of Revenue has averaged $191.8 million across 5 years, with a median of $185.6 million in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue rose 28.24% — and 2024, when it dropped 16.62%.
• Etsy's Cost of Revenue stood at $244.8 million in 2022, then rose by 6.64% to $261.1 million in 2023, then retreated by 16.62% to $217.7 million in 2024, then slipped by 4.06% to $208.8 million in 2025, then decreased by 15.88% to $175.7 million in 2026.
• The last three Cost of Revenue figures came in at $175.7 million (Q1 2026), $208.8 million (Q4 2025), and $194.6 million (Q3 2025), per Business Quant data.