Etsy (ETSY) EBIT Margin (2014 - 2026)
Etsy's (ETSY) quarterly EBIT Margin came in at 18.74% in Q2 2026, up 379.0% on a YoY basis from 3.91% in Q2 2025, and down 1.27% quarter-over-quarter from 18.98% in Q1 2026.
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Analysis
Etsy (ETSY) EBIT Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has reported EBIT Margin for 13 consecutive years, with 18.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT Margin rose 379.0% year-over-year to 18.74%; the trailing twelve-month figure through Jun 2026 stood at 15.99% (up 394.0% YoY), and the FY2025 full-year result was 9.23%, down 431.0% from the prior year.
- EBIT Margin fell to 18.74% in Q2 2026 per ETSY's latest filing, from 18.98% in the prior quarter.
- Across five years, EBIT Margin topped out at 18.98% in Q1 2026 and bottomed at 160.61% in Q3 2022.
- Historically, EBIT Margin has averaged 3.04% across 5 years, with a median of 13.41% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin plunged 37034 bps in 2022, then surged 17453 bps in 2023.
- Over 5 years, EBIT Margin stood at 17.26% in 2022, then decreased by 21 bps to 13.71% in 2023, then jumped by 33 bps to 18.2% in 2024, then fell by 19 bps to 14.68% in 2025, then grew by 28 bps to 18.74% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 18.74%, 18.98%, and 14.68% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 263.05 Bn | 227.79 Bn | 15.11 Bn | 5.62% |
| 2 | Booking Holdings | 126.16 Bn | 108.94 Bn | 4.98 Bn | 34.00% |
| 3 | PDD Holdings | 112.31 Bn | 82.02 Bn | 9.45 Bn | 24.62% |
| 4 | Airbnb | 98.07 Bn | 86.00 Bn | 2.98 Bn | 21.01% |
| 5 | Mercadolibre | 90.61 Bn | 75.42 Bn | 4.16 Bn | 6.72% |
| 6 | Ebay | 49.77 Bn | 46.46 Bn | 2.30 Bn | 21.57% |
| 7 | Expedia | 31.98 Bn | 24.85 Bn | 3.91 Bn | 18.54% |
| 8 | Maplebear | 10.57 Bn | 9.72 Bn | 751.00 Mn | 13.71% |
| 9 | Full Truck Alliance | 7.59 Bn | 6.63 Bn | - | - |
| 10 | Etsy | 6.70 Bn | 5.58 Bn | 484.05 Mn | 18.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.74% |
| Mar 31, 2026 | 18.98% |
| Dec 31, 2025 | 14.68% |
| Sep 30, 2025 | 12.20% |
| Jun 30, 2025 | 14.96% |
| 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% |
API Access
Etsy EBIT Margin 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=ebit-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();