Etsy (ETSY) EBIT Margin (2014 - 2026)
Etsy (ETSY) reported EBIT Margin of 18.98% for Q1 2026, up 1962.0% on a YoY basis from 0.92% in Q1 2025, and up 29.35% quarter-over-quarter from 14.68% in Q4 2025.
Etsy (ETSY) EBIT Margin (2014 - 2026) Analysis & Trends
Etsy has reported EBIT Margin for 13 years, with the latest figure at 18.98% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 1962.0% year-over-year to 18.98%; the trailing twelve-month figure through Mar 2026 stood at 14.26% (up 315.0% YoY), and the FY2025 full-year result was 9.23%, down 431.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 18.98%, up from 14.68% in the prior quarter.
- The five-year high for EBIT Margin was 18.98% in Q1 2026, with the low at 160.61% in Q3 2022.
- Historically, EBIT Margin has averaged 1.9% across 5 years, with a median of 12.4% in 2022.
- Annual changes were most pronounced in 2022 — EBIT Margin tumbled 37034 bps — and 2023, when it jumped 17453 bps.
- Etsy's EBIT Margin stood at 17.26% in 2022, then fell by 21 bps to 13.71% in 2023, then surged by 33 bps to 18.2% in 2024, then dropped by 19 bps to 14.68% in 2025, then climbed by 29 bps to 18.98% in 2026.
- The last three EBIT Margin figures came in at 18.98% (Q1 2026), 14.68% (Q4 2025), and 12.2% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 13.14% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 6.91% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 3.74% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -2.85% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -1.06% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.38% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 17.86% |
| 10 | Etsy | 6.99 Bn | 5.56 Bn | 455.60 Mn | 18.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 14.68% |
| Sep 30, 2025 | 12.20% |
| Jun 30, 2025 | 11.36% |
| Mar 31, 2025 | -0.63% |
| Dec 31, 2024 | 18.20% |
| Sep 30, 2024 | 13.11% |
| Jun 30, 2024 | 10.83% |
| Mar 31, 2024 | 10.54% |
| Dec 31, 2023 | 13.71% |
| Sep 30, 2023 | 13.92% |
| Jun 30, 2023 | -0.38% |
| Mar 31, 2023 | 12.20% |
| Dec 31, 2022 | 17.26% |
| Sep 30, 2022 | -160.61% |
| Jun 30, 2022 | 12.40% |
| Mar 31, 2022 | 14.56% |
| Dec 31, 2021 | 387.60% |
| Sep 30, 2021 | 15.73% |
| Jun 30, 2021 | 16.85% |