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Ratios

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

Etsy posted quarterly Cost of Revenue of $175.7 million for Q1 2026, up 2.22% year-on-year from $171.9 million in Q1 2025, and down 15.88% on a QoQ basis from $208.8 million in Q4 2025.

Etsy (ETSY) has 13 years of Cost of Revenue data on file, last reported 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.
  • Across five years, Cost of Revenue topped out at $261.1 million in Q4 2023 and bottomed at $147.2 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $185.6 million (2024), against an average of $191.8 million.
  • The widest annual swing landed in 2023, when Cost of Revenue rose 28.24%; it then dropped 16.62% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $244.8 million in 2022, then gained by 6.64% to $261.1 million in 2023, then decreased by 16.62% to $217.7 million in 2024, then dropped by 4.06% to $208.8 million in 2025, then slipped 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.