Etsy (ETSY) EBITDA Margin (2014 - 2026)
Etsy's (ETSY) quarterly EBITDA Margin came in at 18.98% in Q1 2026, up 1962.0% YoY from 0.92% in Q1 2025, and up 29.35% on a QoQ basis from 14.68% in Q4 2025.
Etsy (ETSY) EBITDA Margin (2014 - 2026) Analysis & Trends
Etsy (ETSY) has 13 years of EBITDA Margin data on file, last reported at 18.98% in Q1 2026.
- Quarterly EBITDA Margin rose 1962.0% year-over-year to 18.98% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.26% (up 315.0% YoY) and the FY2025 annual result came in at 9.23%, down 431.0% from the prior year.
- EBITDA Margin improved to 18.98% in Q1 2026, from 14.68% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 18.98% in Q1 2026 to a low of 160.61% in Q3 2022.
- A 5-year average of 1.9% and a median of 12.4% in 2022 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin tumbled 37034 bps — and 2023, when it jumped 17453 bps.
- Tracing ETSY's EBITDA Margin over 5 years: 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 EBITDA 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) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 13.43% |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 22.37% |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 6.72% |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 3.50% |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 1.20% |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 8.08% |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 21.57% |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | -6.28% |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | -1.06% |
| 10 | Etsy | 7.51 Bn | 6.39 Bn | 484.05 Mn | 18.74% |
Historic Data
Download 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 | 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% |