Etsy (ETSY) Cost of Revenue (2014 - 2026)
Etsy's Cost of Revenue came in at $184.27 million for Q2 2026, up 9.3% from $168.62 million a year earlier and up 4.9% from the prior quarter.
Etsy (ETSY) Cost of Revenue (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Etsy reported Cost of Revenue of $792.14 million, up 7.1% year-over-year; for FY2025, it came in at $817.8 million, up 5.6% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $774.55 million in FY2024 (-6.5%), $828.68 million in FY2023 (+11.3%), $744.59 million in FY2022 (+13.8%) and $654.51 million in FY2021 (+40.8%).
- The five-year range for quarterly Cost of Revenue is $153.66 million (Q3 2021) to $255.76 million (Q4 2023).
- Year-over-year, Cost of Revenue has increased for four consecutive quarters, with an average decline of 0.9% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2021 (growth of 38.6%), and the weakest in Q4 2024 (a decline of 14.9%).
- Business Quant data shows ETSY's Cost of Revenue at $175.68 million (Q1 2026), $237.55 million (Q4 2025) and $194.65 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Etsy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ETSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "ETSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();