Etsy (ETSY) EBITDA Margin (2014 - 2026)
Etsy's EBITDA Margin came in at 21.02% for Q2 2026, up 3.75 percentage points from 17.28% a year earlier but down 0.39 percentage points from the prior quarter.
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Analysis
Etsy (ETSY) EBITDA Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Etsy reported EBITDA Margin of 19.51%, up 4.34 percentage points year-over-year; for FY2025, it came in at 12.76%, down 4.62 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -15.18 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 17.39% in FY2024 (+3.88 pp), 13.50% in FY2023 (+35.40 pp), -21.90% in FY2022 (-45.08 pp) and 23.18% in FY2021 (-4.76 pp).
- The five-year range for quarterly EBITDA Margin is -156.55% (Q3 2022) to 23.32% (Q4 2021).
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +1.91 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q3 2023 (a gain of 173.95 percentage points), and the weakest in Q3 2022 (a drop of 176.64 percentage points).
- Business Quant data shows ETSY's EBITDA Margin at 21.41% (Q1 2026), 17.50% (Q4 2025) and 18.86% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | - |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 35.76% |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | 14.32% |
| 10 | Etsy | 8.25 Bn | 2.61 Bn | 484.05 Mn | 21.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.02% |
| Mar 31, 2026 | 21.41% |
| Dec 31, 2025 | 17.50% |
| Sep 30, 2025 | 18.86% |
| Jun 30, 2025 | 17.28% |
| Mar 31, 2025 | 2.18% |
| Dec 31, 2024 | 21.30% |
| Sep 30, 2024 | 17.29% |
| Jun 30, 2024 | 15.01% |
| Mar 31, 2024 | 14.70% |
| Dec 31, 2023 | 16.44% |
| Sep 30, 2023 | 17.40% |
| Jun 30, 2023 | 3.27% |
| Mar 31, 2023 | 15.82% |
| Dec 31, 2022 | 20.09% |
| Sep 30, 2022 | -156.55% |
| Jun 30, 2022 | 16.68% |
| Mar 31, 2022 | 18.83% |
| Dec 31, 2021 | 23.32% |
| Sep 30, 2021 | 20.09% |
API Access
Etsy EBITDA 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=ebitda-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();